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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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KGAL ESPF 5 joins forces with IMCS on battery systems in Italy German investment and asset manager KGAL and Italian renewable energy specialist IMCS have entered into a joint venture to develop battery storage systems (BESS) in Italy.
Carrie Hampel
Aug 08, 2024
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German PV and storage provider Bosswerk files for insolvency The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
Sandra Enkhardt
Aug 07, 2024
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BW ESS, Penso Power and Shell sign seven-year fixed-price deal for 330 MWh BESS asset in the UK Long-duration tolling agreement will see Shell Energy Europe trade a 100 MW/330 MWh battery energy storage system (BESS) in Great Britain, scheduled for commissioning in late 2024. The fixed-price deal comes at a time of reduced revenues for batteries trading in Great Britain’s electricity wholesale markets.
Matthew Lynas
Aug 06, 2024
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Liquid metal battery storage specialist Ambri emerges from restructuring After filing for Chapter 11 bankruptcy protection, the US-based calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
Marija Maisch
Aug 02, 2024
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German investment fund acquires 1.1 GW of Italian battery projects The KGAL investment vehicle has acquired a majority stake in the share capital of SEO Holding Srl, which holds contracts to develop four battery projects in Italy.
Lara Morandotti
Aug 02, 2024
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FRV secures financing for 1 GW solar, battery storage portfolio in Australia Renewable energy and battery storage developer Fotowatio Renewable Ventures (FRV) says it has raised more than AUD1.2 billion ($785 million) in new debt finance for Australian clean energy assets including its first standalone battery project, planned for Victoria.
David Carroll
Aug 02, 2024
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Aerial view of a large solar and battery storage plant set against a dry, arid landscape with mountains and sky visible behind the solar panels and batteries.
Enlight secures financing for 1.2 GWh of collocated battery storage in New Mexico Israeli independent power producer Enlight has closed financing for the energy storage part of its planned Atrisco solar and storage project, to be located outside Albuquerque, New Mexico. Atrisco combines 1.2 GWh of battery storage with 364 MW of solar generation capacity.
Blathnaid O’Dea
Aug 01, 2024
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Spain unveils €2.3 billion support for renewables, energy storage manufacturing The country’s ecological transition ministry has published the regulatory bases of aid to large hydrogen clusters, industrial capacities in solar, wind energy, heat pumps, batteries and electrolysers; innovative renewable energy, storage and heat pump projects; and energy communities.
Pilar Sanchez Molina
Jul 31, 2024
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California state grant advances 2 GWh iron flow battery deployment plans The Sacramento Municipal Utility District's long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.
Marija Maisch
Jul 29, 2024

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