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Finance
Interview with ESS Inc CEO Drew Buckley ESS Inc President and CEO Drew Buckley tells ESS News the company has pivoted its strategy in 2026 around sodium-ion storage, citing nearly $1 billion in early-stage opportunities and a more measured approach to its iron flow technology amid tight liquidity.
Tristan Rayner
22 hours ago
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Finance
Eelpower acquires 50 MW/200 MWh battery storage project in UK Eelpower Energy has acquired the Silkstead battery storage project in England from developer Balanced Grid Works, in what the company said is its fifth asset acquisition since launching in September 2025.
Brian Publicover
23 hours ago
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Industry
D.TRADING, Capalo AI to offer bankable BESS revenue deals D.TRADING and Capalo AI have partnered to combine structured offtake and credit support with AI-driven multi-market trading, aiming to give battery energy storage system (BESS) developers bankable revenue structures across Europe.
Brian Publicover
Sep 03, 2026
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Finance
Aligned Climate Capital holds first close for $500 million distributed solar, storage fund Aligned Climate Capital has closed its seventh fund at $500 million to finance distributed solar and energy storage projects across the United States.
Ryan Kennedy
Sep 03, 2026
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Industry
Australia’s ARENA marks 100th community battery, backs three more The Australian Renewable Energy Agency (ARENA) has marked the installation of its 100th community battery and awarded AUD 23.2 million ($16.5 million) to three new projects under Round 2 of its Community Batteries Funding Initiative.
Brian Publicover
Sep 02, 2026
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Finance
PowerBank targets Ontario’s capacity procurement with new fee-for-service BESS development deal A capital-light play to enter the race for Ontario's upcoming competitive procurement.
Tristan Rayner
Sep 01, 2026
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Finance
Blueleaf Energy, Universal Peak close financing for Malaysian BESS Blueleaf Energy and Universal Peak have reached financial close on a 100 MW/400 MWh battery energy storage system (BESS) project in Malaysia, with United Overseas Bank (UOB) as the sole lender.
Uma Gupta
Sep 01, 2026

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Finance
Northvolt to continue operation with downsized workforce The company's bankruptcy trustee has secured an agreement with key shareholders for a scaled-down operation in Sweden. However, more than a third of its workforce will be made redundant.
Marija Maisch
Apr 02, 2025
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Finance
Varta emerges from restructuring procedure with fresh capital The German battery manufacturer now has two new indirect shareholders: Porsche and Austrian entrepreneur Michael Tojner. They are providing financing totaling €120 million. Furthermore, Varta has significantly reduced its debt to €230 million, according to the company’s statement. With this, the company's restructuring procedure has now been completed.
Sandra Enkhardt
Apr 02, 2025
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Finance
UK, Singapore aim to finance 175 MWh of Southeast Asian batteries It is hoped an $80 million seed debt fund will catalyze $300 million worth of clean energy generation and energy storage projects across the region, with an initial focus on the Philippines and Indonesia.
Max Hall
Apr 02, 2025
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Finance
Wärtsilä gives up on energy storage business divestment The Finnish marine and energy solutions specialist has completed its strategic review initiated in October 2023.
Marija Maisch
Mar 31, 2025
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Policy
Spain proposes Andalusia get almost half of EU’s €700 million energy storage aid package The draft rules published by Spain's Ministry for the Ecological Transition and the Demographic Challenge (MITECO) suggest Andalusia should receive almost €312 million ($336 million) of the €700 million disbursed by the European Union's regional development fund to drive energy storage.
Pilar Sanchez Molina
Mar 27, 2025
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Finance
Hithium files for Hong Kong listing as global demand for energy storage surges Chinese battery maker Hithium has filed for a Hong Kong listing, aiming to capitalize on the booming energy storage market. With a rapid rise in shipments and strong revenue growth, the company seeks to expand its production capacity, enhance R&D, and accelerate global expansion.
Vincent Shaw
Mar 27, 2025
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Policy
Australian budget sees renewed calls for battery subsidy scheme, local manufacturing Industry representatives, a solar consumer group, and a senator are among the voices calling for support for batteries instead of continuing electricity bill support in the latest federal budget.
Ev Foley
Mar 26, 2025
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Grid-scale
Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from SmartestEnergy for 100 MW/200 MWh of the site. The balance will operate on a merchant basis and be powered by Tesla Autobidder.
Ev Foley
Mar 24, 2025
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Battery energy storage system
Finance
India raises subsidized battery target to 13.2 GWh The Indian government has increased the battery energy storage target of its viability gap funding (VGF) program to 13.2 GWh. The subsidy scheme provides financial support for up to 40% of battery energy storage system (BESS) project capital costs.
Uma Gupta
Mar 21, 2025
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