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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.
Brookfield, La Caisse acquiring Canada’s biggest BESS developer in $6.5 billion deal
French-Canadian developer behind 1.2 GWh Hagersville BESS agrees to acquisition deal following review and board approval. New owners have pledged to invest in project pipeline for developer with international portfolio of solar, wind and BESS projects.
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500 MWh battery energy storage tender in India
National Hydroelectric Power Corporation (NHPC) is accepting proposals to set up 125 MW/500 MWh of standalone battery energy storage systems (BESS) on a build, own, operate basis in the state of Kerala. Projects will be eligible for central government viability gap funding.
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SoliTek launches made-in-Lithuania, high-voltage C&I battery energy storage solution
The new 51.2 kWh modular storage system connects to European wholesale electricity markets such as NordPool and uses artificial intelligence (AI) to track and analyze dynamic tariffs. It offers three-phase backup and is virtual power plant-ready.
Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID
Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.
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