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Modo Energy raises $33M and sets out AI ambitions Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
Matthew Lynas
Dec 03, 2025
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Malaysia’s 4 GW / 5.12 GWh solar-plus-storage complex gets World Bank funding The Southern Johor Renewable Energy Corridor (SJREC) will be developed as part of a $6 billion project for a 2,000 kilometer-squared hybrid solar and battery energy storage system zone connecting South East Asia.
Tristan Rayner
Dec 02, 2025
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Batteries on the move in Europe: Investors acquire 1.5 GWh from projects in Poland, Romania, UK Grid-scale standalone and co-located batteries are being snapped up, with more than 1.5 GWh acquired, including 1.2 GWh in Poland alone
Tristan Rayner
Nov 21, 2025
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Fullmark Energy closes $46 million tax credit transfer for 290 MWh storage portfolio Fullmark Energy secured the financing for its operational 125 MW / 290 MWh Redwood Projects energy storage portfolio in California.
Ryan Kennedy
Nov 20, 2025
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Waratah Super Battery transformer failure raises complex insurance, procurement questions Interviews with insurance specialists show how a single transformer failure can escalate into a major delay and claims scenario at one of Australia’s largest battery projects.
Tristan Rayner
Nov 19, 2025
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Romania: $150 million for storage in municipalities, funding for 500 MWh battery project Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.
Marija Maisch
Nov 18, 2025
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Three emerging structures for solar-plus-storage PPAs The PPA price for pure photovoltaic projects has fallen by 20% over the past year, making such contracts less competitive. However, clear structures for bankable hybrid PPAs are now beginning to take shape, says Pieter van der Mullen, Senior Account Manager at LevelTen Energy, in an interview with pv magazine.
Michael Fuhs
Nov 11, 2025

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Discounts don’t buy home battery trust in Australian rebate landscape, study finds A new study out of Curtin University in Perth has found that despite growing affordability from government rebates, Australian households hesitate to adopt home batteries due to significant non-financial barriers.
Ev Foley
Jun 26, 2025
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‘The battery market is far from saturated’ Cornex Chairman Dai Deming discusses battery prices and R&D prospects in an exclusive interview with pv magazine. He says the company’s effective production capacity exceeded 110 GWh in the first quarter of 2025, ranking second in the lithium-ion battery industry.
Eckhart Gouras
Jun 26, 2025
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Voltwise acquires SMS battery storage portfolio, adding 630 MWh in the UK Voltwise adds 460 MW / 630 MWh to its growing portfolio of battery energy storage assets
Tristan Rayner
Jun 24, 2025
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Eku Energy enters New Zealand with 300 MW battery project acquisition Eku Energy has bought a major battery energy storage system (BESS) in New Zealand's North Island to build out its storage assets.
Tristan Rayner
Jun 24, 2025
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BW ESS, Ibersun to develop 2.2 GW of battery storage in Spain BE ESS steps into the Spanish market for the first time, with Ibersun as the developer. The partners will co-own projects equally.
Tristan Rayner
Jun 24, 2025
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Australian state offers $32.5M in grants and loans to bolster local battery manufacturing The Western Australian government has committed funding to scale up the local battery manufacturing industry to take advantage of an expected surge in demand for household energy storage systems.
David Carroll
Jun 24, 2025
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R.Power secures €30 million in Green Bonds to accelerate battery storage expansion R.Power has issued more green bonds as it continues to expand in renewables, with a new project in Romania also secured.
Tristan Rayner
Jun 20, 2025
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Protecting energy storage: new policy tackles cyber threats A new, tailored cybersecurity insurance solution, purpose-built for the battery energy storage system (BESS) sector, shows how digital risks are being managed.
Tristan Rayner
Jun 20, 2025
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South Australia advances long-duration energy storage with new 15-year support mechanism A possible boon for long-duration energy storage concepts is on the cards via supportive government deal structures.
Tristan Rayner
Jun 19, 2025

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