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Palisade inks deal to buy 100% tolled Australian big battery project One of the biggest batteries under construction in South Australia is set to change hands with Australian asset manager Palisade Investment Partners striking a deal to buy the 240 MW / 960 MWh Summerfield project from Copenhagen Infrastructure Partners.
David Carroll
Apr 14, 2026
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Deye shows first signs of significant profits for Chinese energy storage makers Deye projected a 70% rise in profits for first-quarter profits, as Chinese storage makers look set to benefit from the Iran conflict.
Tristan Rayner
Apr 13, 2026
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Construction underway at Thai 60 MWh facility in direct supply deal, courtesy of Japanese funding Japan is helping an industrial giant decarbonize via solar and storage, in a cross-border subsidy scheme.
Tristan Rayner
Apr 13, 2026
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Envision inks $500 million finance deal following AI announcement Chinese energy company announced major funding package one week on from launch of 12.5 MWh AI battery energy storage system (BESS). Backed by more than $1 billion of finance deals in 2026 , Envision Energy is eyeing global expansion.
Matthew Lynas
Apr 13, 2026
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CATL invests $600 million in Chinese data center power business Battery manufacturer increases investment in Zhongheng Electric shareholder, a data center power system provider in China. The deal sees CATL increase exposure to high-voltage direct current (HVDC) infrastructure as AI sector pursues DC architecture for data centers.
Matthew Lynas
Apr 10, 2026
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Energy Vault enters Japanese market with 850 MW storage portfolio acquisition Energy Vault has entered the Japanese energy market through a binding agreement to acquire an 850 MW pipeline of battery energy storage system (BESS) projects, targeting an increasingly congested and solar curtailed grid.
Tristan Rayner
Apr 10, 2026
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Blackstone and Sunotec enter €250 million partnership across energy storage, grid upgrades Investment firm Blackstone has announced plans for a partnership with solar and storage project developer Sunotec, via a €250 million ($292.4 million) structured equity investment. The investment will support Sunotec’s project plans in Europe, as well as the company’s expansion into new areas including building grid infrastructure.
Mark Hutchins
Apr 09, 2026

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Egypt’s 1GW / 200MWh solar-plus-storage project secures EBRD funding The Obelisk project in Egypt continues to advance, with new funding from the European Bank for Reconstruction and Development (EBRD).
Tristan Rayner
May 13, 2025
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Battery giant CATL aims to raise $4b in Hong Kong public stock listing This move facilitates fundraising, crucial for financing CATL's overseas expansion, notably a large-scale battery manufacturing plant in Hungary and other projects.
Tristan Rayner
May 12, 2025
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Reliance Power wins 175 MW/700 MWh battery storage supply in auction The latest win positions Reliance Power as India’s largest integrated solar and battery energy storage system (BESS) player with a pipeline of 2.5 GWp solar and more than 2.5 GWh of BESS.
Uma Gupta
May 12, 2025
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From arbitrage to asset: How batteries became ERCOT’s summer backbone The Electric Reliability Council of Texas (ERCOT) is one of the most interesting in the world, and seeing enormous expansion of solar+storage. Enel North America explained more about their play in the pure-play energy market.
Tristan Rayner
May 08, 2025
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Tariffs reshape project economics for US energy storage A backlog of warehoused batteries may buffer the energy storage industry from immediate shocks but time is running out, according to reports by consultant Clean Energy Associates (CEA).
Phoebe Skok
May 08, 2025
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Large-scale storage financing: “There must be no uncovered risks” The pipeline for battery storage projects is expanding, but many still lack financing. Florian Hock and Marcus Starke from the Structured Finance Energy Origination division at Nord/LB discuss what truly matters, from coherent overall concepts and reliable contractual partners to the role of municipalities and securing revenues through tolling agreements.
Michael Fuhs
May 06, 2025
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Labor election win brings Australian household battery rebate The work schedules of Australia’s battery retailers and installers will likely get busy in the coming months with Labor’s win in the federal election paving the way for the introduction of an AUD 2.3 billion ($1.48 billion) national subsidy scheme.
David Carroll
May 06, 2025
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Loan for Guatemalan renewables, energy storage minigrids The minigrids, and individual solar-plus-storage systems, form part of a Rural Electrification Access Program planned by the Inter-American Development Bank (IDB).
Luis Ini
May 05, 2025
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German battery maker Customcells files for insolvency The battery technology company, spun out of the Fraunhofer Society in 2012, was reportedly unable to compensate for payment defaults by a major customer: flying taxi developer Lilium, which has been insolvent since February. The payment of CustomCells' 200 or so employees is guaranteed until June.
Jochen Siemer
May 05, 2025

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