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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.
David Carroll
Apr 14, 2026
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Deye shows first signs of significant profits for Chinese energy storage makers Deye projected a 70% rise in profits for first-quarter profits, as Chinese storage makers look set to benefit from the Iran conflict.
Tristan Rayner
Apr 13, 2026
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Construction underway at Thai 60 MWh facility in direct supply deal, courtesy of Japanese funding Japan is helping an industrial giant decarbonize via solar and storage, in a cross-border subsidy scheme.
Tristan Rayner
Apr 13, 2026
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Envision inks $500 million finance deal following AI announcement Chinese energy company announced major funding package one week on from launch of 12.5 MWh AI battery energy storage system (BESS). Backed by more than $1 billion of finance deals in 2026 , Envision Energy is eyeing global expansion.
Matthew Lynas
Apr 13, 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.
Matthew Lynas
Apr 10, 2026
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Energy Vault enters Japanese market with 850 MW storage portfolio acquisition Energy Vault has entered the Japanese energy market through a binding agreement to acquire an 850 MW pipeline of battery energy storage system (BESS) projects, targeting an increasingly congested and solar curtailed grid.
Tristan Rayner
Apr 10, 2026
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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.
Mark Hutchins
Apr 09, 2026

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Azeglio LDES container
New York offers $5 million for long-duration storage projects The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Battery energy storage container
TWAICE, NARDAC team to improve insurance terms with battery storage analytics   German battery analytics technology provider TWICE and NARDAC, UK-based insurance broker focused on large energy and infrastructure assets, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.  
Marija Maisch
Jun 13, 2024
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Borrego Solar installation
Bitech Technologies sells 2.4 GW of solar to focus on BESS  Bitech has completed the sale of 2.425 GW of its greenfield solar projects to "a third party purchaser". The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
Blathnaid O’Dea
Jun 13, 2024
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Gresham House, Thurcroft battery storage site
Gresham House, Octopus sign two-year, fixed-price BESS deal  One of the United Kingdom’s largest battery storage investors has signed fixed price contracts for roughly half of its portfolio in a landmark deal for the British market. Battery storage market intelligence firm Modo Energy estimates the tolling arrangement to be worth GBP 56,000 ($71,584) per MW per year.
Matthew Lynas
Jun 05, 2024
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LG building
LG Energy Solution offers funding to battery startups South Korean battery manufacturer LG Energy Solution is on the lookout for potential candidates for its 2024 Battery Challenge accelerator. The competition will award a maximum of 10 global companies with a $30,000 cash prize each, as well as an opportunity to develop their proof-of-concept. 
Blathnaid O’Dea
Jun 05, 2024
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Invinity large energy storage systems
Invinity quadruples its vanadium-flow battery manufacturing in UK UK-based manufacturer Invinity Energy Systems has announced plans to set up a new manufacturing facility which would increase its long duration energy storage (LDES) manufacturing capacity to over 500 MWh per year.
Marija Maisch
Jun 04, 2024
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Sorbiforce energy storage container
SorbiForce uses agricultural waste to produce low-cost, safe batteries US-based start-up SorbiForce uses no toxic products or metals in production of its batteries. It claims its systems are cheaper and safer than lithium-ion batteries and have near zero end-of-life waste.
Marija Maisch
Jun 03, 2024
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Neoen battery installation
Brookfield reaches majority stake agreement in Neoen Canadian global asset management company Brookfield has reached agreement for a majority stake in Australia’s largest developer of renewables, France-headquartered Neoen, and is set to acquire a 53.32% stake in pursuit of 100% ownership.
Ev Foley
May 30, 2024
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Svolt battery
SVOLT abandons plans to open battery factory in Germany Chinese battery manufacturer SVOLT has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.
Marija Maisch
May 29, 2024

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