Finance
Advertisement
Advertisement
Advertisement
Latest News
Advertisement
CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time
CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows
U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
Europe: AccelerateEU ​​supports a 200 GW storage target, but omits financing mechanism
The European Commission’s AccelerateEU energy crisis plan endorses a 200 GW battery storage target for 2030 but proposes no dedicated financing mechanism to reach it, according to SolarPower Europe (SPE), which is calling for a separate EU-wide auction funded by emissions trading revenues.
All Finance news
Northvolt scraps CAM gigafactory plans, seeks partners for storage business in Poland
Swedish battery maker Northvolt is pausing its cathode active material production plans in Sweden and selling one site in Sweden. It is also seeking partners and investors for its energy storage business based in Gdańsk, Poland.
Advertisement
Advertisement
German state Schleswig-Holstein promotes commercial energy storage
Small and medium-sized companies can apply for financial support for storage systems. Electricity storage facilities must obtain at least 75% of their annual energy from a directly connected renewable energy plant to be eligible for a grant.
Advertisement