Peak Energy Raises $108m to Take Sodium-Ion Storage Into Data Centres
Peak Energy has raised $108m in a Series B led by GM Ventures to expand US manufacturing of its sodium-ion storage and enter the data centre market.
Energy storage
1KOMMA5° Raises €70m at Unicorn Valuation to Grow Its Virtual Power Plant
1KOMMA5° has raised about €70m in a round led by b2venture at a $1.35bn pre-money valuation to expand Heartbeat AI, its household virtual power plant.
Epyr Raises €15m to Scale Industrial Heat Storage in France
Epyr has raised a €15m Series A led by SlateVC to build industrial heat storage that turns cheap off-peak power into steam for French factories.
China’s 700MW Jintan Compressed Air Energy Storage Plant Completes Full-System Startup
Both 350MW units at China's Jintan salt-cavern compressed air energy storage plant have completed full-system startup, ahead of grid connection tests.
Novele Raises $17m to Put Grid Storage in Commercial Buildings
Novele has closed a $17m Series A led by Boisei Labs to expand AI-controlled storage in commercial buildings that respond to prices and grid conditions.
South Korea Bets on Sodium-Ion Batteries to Win Back the Storage Market
South Korea's new battery roadmap targets sodium-ion batteries for storage and cheaper EVs, with commercialisation by 2030 and a KRW 400bn R&D plan.
Gotion to Supply 6GWh for Saudi Arabia’s First Battery Storage Tender
Gotion will supply 6GWh across three 500MW/2GWh sites in Saudi Arabia's first utility-scale battery storage tender, about 75% of its capacity.
Europe Heads for 80% Zero-Carbon Generation by 2030 but Misses Renewables Goals
Wood Mackenzie expects Europe to pass 80% zero-carbon generation by 2030, while the EU27 renewables share of 63.7% misses its 65% and 69% goals.
SMT Energy Secures Up to $268m From CAI to Build US Battery Storage
Climate Adaptive Infrastructure will invest up to $268m of equity in SMT Energy to fund its US battery storage pipeline, on top of $32m already deployed.
Amber Electric Raises €49m to Take Home Battery Automation to Europe
Amber Electric has raised a €49m Series E led by Morgan Stanley's 1GT to take its home battery automation platform from Australia into European markets.
Hithium Unveils 20,000-Cycle Sodium-Ion Cell and 4MWh Storage System
Hithium has launched a sodium-ion cell rated for 20,000 cycles and a 4MWh storage system with a claimed 30-year life, built on existing lithium lines.
Aligned Climate Capital Targets $500m For Distributed Solar Fund
Aligned Climate Capital has held a first close on a $500m distributed solar fund targeting construction-ready projects across ten US states.
Masdar and Luxcara Plan €5 Billion Push Into German Storage and Wind
Masdar and Luxcara have signed a memorandum covering more than €5 billion of investment in German battery storage and offshore wind projects.
Denmark Explores Salt Caverns as a Novel Solution for Storing Surplus Wind Energy
Explore how salt caverns in Denmark could store surplus wind energy using innovative technology for a sustainable future.
Concrete Spheres Revolutionise Offshore Energy Storage With StEnSea Project
Find out about the pioneering offshore energy storage project beneath Lake Constance and its potential to power millions of homes.
Rethinking Gravity: RheEnergise Brings Pumped Hydro to the Hills
RheEnergise aims to reshape energy storage solutions by replacing water with a denser fluid for enhanced pumped hydro systems.
Mechanical Metamaterials Promise Energy Storage Revolution
Karlsruhe Institute of Technology is advancing metamaterials to improve energy storage and management for better efficiency.
Spotlight on Planck Technologies: Energy Storage Innovation
Planck Technologies is revolutionizing long-duration energy storage with advanced materials. Learn about their chemical-based solutions.