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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
11 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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Restructure of German battery maker Varta legally binding Plagued by slower-than-expected electric vehicle sales, the Ellwangen-based company has seen off appeals against its turnaround plan that were lodged by out-of-pocket shareholders.
Max Hall
Jan 28, 2025
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HyperStrong lists on Shanghai stock exchange, surges 230% on its first day The Chinese battery energy storage system (BESS) integrator debuted on the stock exchange with a market capitalization of RMB 11.339 billion ($1.56 billion).
Marija Maisch
Jan 28, 2025
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New York’s NineDot secures funds for 400 MWh of urban batteries The New York City (NYC)-based developer of urban, "community-scale" battery energy storage systems (BESS) has landed a $65 million finance package from lenders led by the US' First Citizens Bank.
Max Hall
Jan 27, 2025
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CATL seeks Hong Kong listing, eyes global expansion China’s battery giant aims to raise up to $8 billion through offshore H-share issuance and apply for a listing on the main board of the Hong Kong Stock Exchange, reinforcing global expansion amid intensifying competition.
Vincent Shaw
Jan 24, 2025
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Vanadium flow battery maker H2 secures funds for new Korean factory H2 Inc. has raised $16 million in bridge funding for a new production facility which will have a 1.2 GWh annual manufacturing capacity from 2026.
Max Hall
Jan 23, 2025
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IESA projects $500m-plus Indian battery, mobility startup investment within year The Bharat Battery Show attracted 100 startups, many seeking funding from major conglomerates and investment firms.
Uma Gupta
Jan 23, 2025
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Energy storage corporate funding nears $20bn in 2024 Mercom Capital Group reported the second highest annual funding result for energy storage sector, after 2022. Venture capital backing fell 60% from 2023 but debt and public sector financing went up by 65% year-on-year.
Luis Ini
Jan 23, 2025
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Trump orders pause to IRA funding An executive order released by the White House stated, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022.”
John Fitzgerald Weaver
Jan 22, 2025
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Egypt’s Elsewedy finances 100 MWh standalone battery project in Greece The Egyptian developer has secured the 50 MW/100 MWh battery energy storage system (BESS) project under Greece's first energy storage tender.
Max Hall
Jan 21, 2025

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