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Modo Energy raises $33M and sets out AI ambitions
Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
Dec 03, 2025
California crosses 10 GW battery storage threshold
California is adding massive amounts of battery energy storage and the project pipeline shows no sign of slowing down. Batteries are playing an increasingly dominant role on the grid, soaking up solar in the middle of the day and shifting it to the evening peak, where they have become the biggest single supplier.
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