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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
8 hours ago
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Accure raises $16 million, secures 730 MWh of Texas contracts In its next stage of growth, the German company is looking to scale its battery energy storage system (BESS) safety and performance offerings across Europe, Americas and Asia Pacific.
Marija Maisch
Feb 12, 2025
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KPIT, Trentar partner on 3 GWh sodium-ion battery plant The technology transfer agreement includes Trentar investing in a 3 GWh manufacturing facility and KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
Uma Gupta
Feb 12, 2025
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CATL initiates listing on Hong Kong stock exchange The Chinese battery maker could raise north of $5 billion from its Hong Kong listing. Part of the funds will be used to advance the company's planned manufacturing facility in Hungary.
Marija Maisch
Feb 12, 2025
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BlackRock launches fund for energy storage stocks The global investment giant has launched its iShares Energy Storage and Hydrogen exchange-traded fund (ETF) on the Amsterdam stock exchange. The BlackRock fund will track the Stoxx Global Energy Storage and Hydrogen index.
Max Hall
Feb 12, 2025
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Large battery energy storage by Fluence
Fluence stock plummets almost 50% on slashed guidance The company reported a 49% revenue decline and more than doubled net losses in Q1 FY 2025. A record $5.1 billion order backlog made for welcome reading, however.
Marija Maisch
Feb 12, 2025
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Freyr cancels $2.6 billion gigafactory in Georgia, sells site Estimated net proceeds from the gigafactory site sale are expected to total $22.5 million following repayment of previously received state and local grants.
Marija Maisch
Feb 10, 2025

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Battery energy storage system with containers and a tree and sky in the background.
1 GWh Texas battery portfolio secures financing Four Texas battery energy storage (BESS) projects with a combined capacity of 730 MW / 1,049 MWh have secured $315.7 million in financing with a view to becoming operational later this year.
Blathnaid O’Dea
Sep 06, 2024
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German state Schleswig-Holstein promotes commercial energy storage Small and medium-sized companies can apply for financial support for storage systems. Electricity storage facilities must obtain at least 75% of their annual energy from a directly connected renewable energy plant to be eligible for a grant.
Petra Hannen
Sep 05, 2024
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Poland relaunches residential solar, storage rebate scheme The sixth edition of the Polish government’s residential solar and storage rebate scheme is now open, with a total budget of PLN 400 million ($103.2 million). Applications will be accepted until Dec. 20, or until funds are exhausted.
Patrick Jowett
Sep 05, 2024
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Pacific Green
Australian government funds six big batteries to power a million homes from 2027 Six large-scale battery energy storage projects in the Australian states of South Australia and Victoria have been earmarked to receive funding from the Australian government’s Capacity Investment Scheme.
Ev Foley
Sep 04, 2024
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GUVNL launches 1.6 GWh battery storage tender in India Gujarat Urja Vikas Nigam Ltd (GUVNL)—the state electricity regulation owned by the state government of Gujarat—is accepting bids to set up standalone battery energy storage systems (BESS) connected with the state grid with an aggregate storage capacity of 800 MWh (400 MW x 2 hours).
Uma Gupta
Sep 04, 2024
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Early retirement of coal-fired power plants in APAC region good for bottom line: study Multi-country research has found that retiring coal-fired power plants sooner rather than later can have financial benefits for investors, and free up capital for investing in renewables.
Ev Foley
Sep 03, 2024
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Ingrid Capacity partners with Locus Energy in Nordics In what the company is saying is the second largest of its kind in the Nordics, battery storage facilities will be completed by the summer of 2025, marking a crucial step in achieving its goal of installing and managing 8 GW of capacity across Europe by 2030.
Carrie Hampel
Sep 02, 2024
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US DOE allocates funding for community solar, battery storage in Puerto Rico The US Department of Energy’s (DOE) new Programa de Comunidades Resilientes will fund solar and battery storage facilities across Puerto Rico serving low- and moderate-income communities.
Marija Maisch
Aug 29, 2024
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Clearway closes $550m for solar-plus-storage project in California The 140 MW solar and 472 MWh storage project is expected to generate enough electricity to power 63,000 homes.
Anne Fischer
Aug 28, 2024

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