Shenzhen PowerOak New Energy Co., Ltd. (PowerOak), the fourth key player in the global portable energy storage sector, has submitted its IPO application to the Hong Kong Stock Exchange.
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.
A European Commission (EC) proposal to add domestic content requirements for energy storage will ‘significantly impact’ the industry but may not reduce overall dependence on China.
In this US news roundup, CC Power signs an agreement with Hydrostor for 400MWh of its Willow Rock LDES project, PowerSecure builds microgrids in New Mexico, and ESS Inc acquires VoltStorage.