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Finance
Fluence reports 164 GWh pipeline including major hyperscaler order Increased demand from utilities, developers and data centers has led to a record order backlog for the energy storage manufacturer. Quarterly revenue increases despite production delays at new contract manufacturing sites.
Matthew Lynas
17 hours ago
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Finance
US grants $490 million loan for 220 MW of battery capacity in Puerto Rico Storage systems will be located in Arecibo and Santa Isabel. The US government estimates that it will be able to supply backup electricity to more than 100,000 customers and avoid around 13 million hours of service disruptions.
Luis Ini
Aug 06, 2026
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Industry
Iron-air battery startup Ore Energy raises $43 million in Series A funding round Dutch long-duration storage developer Ore Energy has closed one of the sector's larger early-stage funding rounds this year, signaling investor appetite for battery chemistries that sidestep lithium supply constraints entirely.
Brian Publicover
Aug 05, 2026
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Finance
Avantus secures $1.05 billion to expand US battery storage and solar pipeline US developer Avantus has closed a $1.05 billion corporate credit facility to finance a 24 GW development pipeline that includes 44 GWh of battery energy storage across California and the Desert Southwest.
Ryan Kennedy
Aug 04, 2026
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Industry
Sonnedix closes €730 million battery storage and PV financing in Europe Sonnedix has secured €730 million ($841.2 million) in financing to refinance, optimize and build solar and battery storage assets across four Southern European markets.
Brian Publicover
Aug 03, 2026
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Industry
Chiron, Macquarie open platform for 1 GW solar, 500 MW BESS in Italy Chiron Energy and Macquarie Capital have formed a joint venture to develop, build and operate 1 GW of solar and 500 MW of battery energy storage in Italy, starting with a portfolio of 115 MW of operational PV assets.
Lara Morandotti
Aug 03, 2026
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Industry
Nadara closes €1.2 billion refinancing to support storage expansion European renewable energy producer Nadara has completed a €1.2 billion ($1.4 billion) refinancing covering 1.5 GW of operating wind and solar assets across seven countries, with the new financing platform intended to support repowering, hybrid projects and battery energy storage.
Gwenaelle Deboutte
Jul 31, 2026

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LG building
Finance
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
Manufacturing
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
Recycling
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
Industry
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
Manufacturing
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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Team of Verkor
Manufacturing
Verkor secures €1.3 billion for French gigafactory French battery manufacturer Verkor has secured more than €1.3 billion ($1.41 billion) in green financing for the construction of its first gigafactory in France. The production facility will supply batteries for electric vehicles (EVs) and stationary storage across Europe.
Marija Maisch
May 28, 2024
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Headquarter of Solarwatt in Dresden
Finance
Solarwatt ends battery storage production in Germany Solarwatt will discontinue production of energy storage systems in Germany by the years' end. In the future, the Dresden-based company will have all of its PV modules and storage systems manufactured exclusively in Asia.
Ralph Diermann, Sandra Enkhardt
May 28, 2024
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Battery containers from Pacific Energy
Finance
Sosteneo to buy 49% of Enel’s battery business Generali Investments' Sosteneo unit will acquire 49% of the share capital in Enel Libra Flexsys, a company fully owned by Italian utility Enel, which operates a 1.7 GW portfolio of battery energy storage systems (BESS).
Marija Maisch
Mar 04, 2024
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Tiamat sodium-ion batteries
Finance
Tiamat secures funding for sodium-ion gigafactory in France French sodium-ion battery maker Tiamat has raised €30 million ($32.6 million) in equity and debt financing. It will use the funds to launch the construction of a 5 GWh production plant in the Hauts-de-France region.
Marija Maisch
Jan 19, 2024
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