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Higher prices, different opportunities: battery revenues in August
August brought a sharp rise in electricity prices, while changing renewable generation and individual scarcity events reshaped opportunities across wholesale and ancillary service markets. Lennard Wilkening, CEO and co-founder of suena energy, explains what drove battery revenues in August and why dynamic multi-market optimization remains key as the summer trading environment gives way to the fall season.
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Amber Electric raises €49 million to expand battery push in Europe
Amber Electric has raised €49 million ($56.2 million) in Series E funding led by Morgan Stanley's climate-focused 1GT strategy, with participation from German utility E.ON, to fund the Australian battery-automation company's expansion into Europe.
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