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Finance

Modo Energy raises $33M and sets out AI ambitions Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.

Dec 03, 2025

Industry

Malaysia’s 4 GW / 5.12 GWh solar-plus-storage complex gets World Bank funding The Southern Johor Renewable Energy Corridor (SJREC) will be developed as part of a $6 billion project for a 2,000 kilometer-squared hybrid solar and battery energy storage system zone connecting South East Asia.

Dec 02, 2025

Finance

Batteries on the move in Europe: Investors acquire 1.5 GWh from projects in Poland, Romania, UK Grid-scale standalone and co-located batteries are being snapped up, with more than 1.5 GWh acquired, including 1.2 GWh in Poland alone

Nov 21, 2025

Finance

Fullmark Energy closes $46 million tax credit transfer for 290 MWh storage portfolio Fullmark Energy secured the financing for its operational 125 MW / 290 MWh Redwood Projects energy storage portfolio in California.

Nov 20, 2025

Industry

Waratah Super Battery transformer failure raises complex insurance, procurement questions Interviews with insurance specialists show how a single transformer failure can escalate into a major delay and claims scenario at one of Australia’s largest battery projects.

Nov 19, 2025

Finance

Romania: $150 million for storage in municipalities, funding for 500 MWh battery project Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.

Nov 18, 2025

Finance

Three emerging structures for solar-plus-storage PPAs The PPA price for pure photovoltaic projects has fallen by 20% over the past year, making such contracts less competitive. However, clear structures for bankable hybrid PPAs are now beginning to take shape, says Pieter van der Mullen, Senior Account Manager at LevelTen Energy, in an interview with pv magazine.

Nov 11, 2025

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Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt and gain insights into evolving business models, financing strategies, and market trends. Register by November 27 to secure the Early Bird rate.

March 31 – April 1, 2026 | In Person Event

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Wednesday, 17. December 2025

Lessons learned from Europe-wide battery storage deployment

This webinar will share key market insights on evolving regulations, deployment trends, and long-duration storage opportunities in Europe, plus practical lessons from real projects on execution and grid integration. Attendees will also get an exclusive look at Trina Storage’s integrated AC solution and how vertical integration enhances compatibility, efficiency, and EU compliance.

3:00 pm – 4:00 pm CET, Berlin, Paris, Madrid

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All Finance news

Aerial view of a large solar and battery storage plant set against a dry, arid landscape with mountains and sky visible behind the solar panels and batteries.

Finance

Enlight secures financing for 1.2 GWh of collocated battery storage in New Mexico Israeli independent power producer Enlight has closed financing for the energy storage part of its planned Atrisco solar and storage project, to be located outside Albuquerque, New Mexico. Atrisco combines 1.2 GWh of battery storage with 364 MW of solar generation capacity.

Blathnaid O’Dea

Aug 01, 2024

Manufacturing

Spain unveils €2.3 billion support for renewables, energy storage manufacturing The country’s ecological transition ministry has published the regulatory bases of aid to large hydrogen clusters, industrial capacities in solar, wind energy, heat pumps, batteries and electrolysers; innovative renewable energy, storage and heat pump projects; and energy communities.

Pilar Sanchez Molina

Jul 31, 2024

Finance

California state grant advances 2 GWh iron flow battery deployment plans The Sacramento Municipal Utility District's long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.

Jul 29, 2024

Finance

Sinovoltaics updates battery energy storage system financial stability ranking The latest financial stability report ranks Tesla, Kung Long Batteries, Mustang Battery, Eaton, and Hyundai Electric in the top five spots out of 55 manufacturers.

Valerie Thompson

Jul 29, 2024

Tenders

SECI allocates 630 MW renewables-plus-storage in India The winning developers will set up renewable energy projects backed with energy storage systems to supply a cumulative 630 MW of firm and dispatchable renewable power.

Jul 26, 2024

Battery storage systems

Industry

Poland: Tender for construction of 263 MW battery storage system, aqusition of 133 MW battery project Polish utility PGE Group has launched a tender for the design and construction of a battery storage facility with a minimum capacity of at least 900 MWh. Meanwhile, Ukraine's DTEK has completed the acqusition of a 532 MWh battery storage project in southern Poland.

Jul 25, 2024

Industry

Energy storage corporate funding hits $15.4 billion in H1 2024 Corporate funding in the energy storage sector reached $15.4 billion in the first half of this year, according to Mercom Capital Group, a lift of 117%, thanks largely to debt and public market financing.

Jul 24, 2024

Finance

Commeo files for insolvency, seeks new investor The surprise withdrawal of the main investor put the provider of large battery storage systems in trouble. According to Commeo, business operations are continuing without restrictions for the time being, despite the provisional insolvency.

Sandra Enkhardt

Jul 23, 2024

Finance

Puerto Rico in line for 1.14 GWh of battery storage A new U.S. Department of Energy loan guarantee will help finance 200 MW of solar and 285 MW of grid-scale storage on the island.

William Driscoll

Jul 23, 2024

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