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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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Greek utility PPC plans 860 MW energy storage in mining region
Pumped hydro energy storage (PHES) and battery energy storage system (BESS) projects feature prominently in plans by the Public Power Corporation (PPC) for Western Macedonia, which also include solar, a 'hyperscale' data center, gas, and green hydrogen.
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Indian government: No funds for BESS in FY25 as projects fail to secure financial close
Under the viability gap funding scheme (VGF), the central government pays for up to 30% of the capital cost of battery energy storage projects to help make them financially viable. The funds are disbursed in five tranches, including the first 10% upon a project's financial close.
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