Lithium-ion OEM Hithium’s failed Hong Kong listing amidst a lawsuit from larger competitor CATL may point to wider industry trends, with an increasingly competitive and larger battery industry meaning ever higher stakes.
Taiwan Cement Corporation has increased its valuation of battery storage and electric vehicle infrastructure solutions provider New HOrizons Ahead (NHOA).
Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.
UK renewable energy and battery storage developer Harmony Energy has raised gross proceeds of £186.5 million (US$251 million) to fund a battery storage rollout through an IPO.
Fluence’s initial public offering (IPO) raised just under a billion dollars, with all available shares of the energy storage company’s Class A common stock snapped up as they listed on the Nasdaq Global Select Market.
Shares of Class A common stock of energy storage tech company Fluence are expected to begin trading on the Nasdaq Global Select Market today (28 October).
London Stock Exchange-listed solar PV investor NextEnergy Solar Fund (NESF) has signed a £100 million (US$136.8 million) Joint Venture Partnership (JVP) with battery storage specialist Eelpower.
Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.
