Energy Storage

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SolarEdge’s Q1 Revenue Rises 41.5% YoY on Higher Inverter and Battery Shipments

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5...

May 8, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Fluence Energy’s Revenue Rises 8% YoY to $465 Million in Q2 2026

Utility-scale energy storage firm Fluence Energy reported revenue of $464.9 million for the second quarter (Q2) of fiscal year 2026, a 7.7% year-over-year (YoY) increase...

May 8, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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Damodar Valley Corporation Names Winner of 500 MWh Energy Storage Auction

Damodar Valley Corporation (DVC) has announced the winner of the auction to set up a 250 MW/500 MWh battery energy storage system (BESS) project in Maithon, Jharkhand....

May 8, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Nyobolt Raises $60 Million to Expand Fast-Charging Battery Technology

Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, has raised $60 million in a Series C funding round, bringing the company’s valuation to $1...

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Hopewind’s Energy Storage PCS Meets India’s 51°C Heat Challenge

Renewable energy solutions company Hopewind is powering over 650 MW of utility-scale battery energy storage systems (BESS) across two major projects in Rajasthan,...

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Moment Energy Raises $40 Million in Series B Funding Round

Moment Energy, an electric vehicle battery repurposing company, has raised $40 million in its Series B funding round, bringing the total capital raised to more than $100...

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Lakshadweep Invites EoI for 2 MW Rooftop Solar with 5.5 MWh Battery Project

The Lakshadweep Electricity Department has invited expressions of interest for rate contracts and to empanel vendors for setting up a 2,107 kW rooftop solar project with...

May 6, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Tenders & Auctions
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Solar Plus Storage Push Reshapes C&I Renewable Energy Strategy

India’s commercial and industrial (C&I) energy procurement landscape has changed significantly. Rooftop solar, once seen as the ultimate solution, is now being...

May 6, 2026

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Meghana Prasad

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C&I

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Energy Storage

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Solar
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UPPCL Announces Winners of 1.5 GWh Battery Storage Auction

The Uttar Pradesh Power Corporation (UPPCL) has announced the winners of the 375 MW/1,500 MWh standalone battery energy storage auction. KCC Buildcon won 187.5 MW/750...

May 6, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Battery Manufacturer CATL Raises $5 Billion from Share Placement

Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H...

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Flow Battery Company CMBlu Closes $59 Million in Series C Funding

CMBlu Energy, an organic solid flow battery technology developer, announced the completion of a €50 million (~$58.5 million) initial close of its Series C funding round,...

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Rajasthan Issues Guidelines for Battery Storage Integration with Renewables

The Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) has issued a standard operating procedure (SOP) for the first time charging of battery energy storage systems (BESS)...

May 4, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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Maharashtra Approves ₹123 Billion Clean Energy and Storage Program

The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...

April 30, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy

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Solar
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Storage Becomes Critical to Solar Economics After Maharashtra Banking Changes

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

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Matrix Renewables Secures $332 Million Non-Recourse Project Financing

Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has secured £245 million (~$332...

April 29, 2026

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Dibin DB

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Energy Storage

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Finance and M&A

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