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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.
Apr 14, 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.
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.
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Call for energy storage projects for Europe’s next 10-year grid plan
Project promoters hoping to receive EU Connecting Europe Facility (CEF) funding for energy storage and electricity transmission sites must first have them included in the 10-year network development plans (TYNDPs) drafted by the European Network of Transmission System Operators for Electricity (ENTSO-E).
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UK thermal storage subsidy proposed, new heat battery standard in development
Heat batteries could be eligible for grant support if plans to expand the scope of the UK Boiler Upgrade Scheme go ahead. The UK government is now consulting with industry stakeholders before finalizing changes to subsidy.
Vattenfall plans 3 GW of batteries, offers tolling contracts
Vattenfall representatives Nicola Kleihues and Daniel Schwarz tell pv magazine about the power company's strategy in Germany and what it considers when buying project rights there. They also explain how to evaluate tolling offers to secure energy-storage-based electricity flexibility for a fixed fee.
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German battery investment dynamics ‘extremely good’
The potentially faster return on investment at solar sites which have batteries added are attracting German developers and site owners. Janis Schäfer, partner at finance company Pine Valley Capital, shares his perspective on battery bankability and a trend towards "merchant" facilities.
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