San Diego-based home battery storage company NeoVolta has entered into agreements for a US$13 million private placement financing anchored by Infinite Grid Capital (IGC).
There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
A week of claimed first-of-their-kind advances in Germany’s BESS market, including the combination of monitoring, diagnostics and energy trading on one platform, an optimisation deal allowing multiple companies to trade one asset, and a law change accelerating permitting.
Developer Akaysha Energy has confirmed that the 850MW Waratah Super Battery will undergo a planned balance of plant shutdown from 20 November to 2 December 2025.
The Community Development and Infrastructure Department at Santa Cruz County has become the latest California jurisdiction to publish a draft zoning ordinance regulating the deployment of battery energy storage systems.
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
From the US, Maxwell Technologies is acquired for its third time, by Clarios, Fullmark Energy completes a tax credit transfer, and OATI partners with Colville Tribes on microgrid solutions.
The battery storage industry’s race for higher energy density should be put into a site-level perspective, rather than focusing solely on larger cells.
