Finance
Advertisement
Advertisement
Advertisement
Latest News
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.
Apr 14, 2026
Advertisement
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.
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.
All Finance news
Advertisement
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.
Advertisement
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.
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.
Advertisement