The U.S. Securities and Exchange Commission announced on Wednesday that it has proposed rescinding Rule 14a-8, the federal framework providing shareholders with a route to have proposals included in a company’s proxy statement for a shareholder vote, commonly used for…
Developer Lightshift Energy has expanded its software agreement with FlexGen Power Systems, with the two companies announcing the expansion of a deal for FlexGen’s HybridOS energy management system (EMS) to a now 16-project battery energy storage system (BESS) portfolio across…
Carbon market standards organization Verra announced the launch of its Scope 3 Standard (S3S) Program, a new framework designed to enable companies to quantify, verify and certify the climate impact of projects implemented within their corporate value chains. Scope 3…
Jupiter Power has secured $1.4 billion in project financing across four separate transactions, supporting ten utility-scale battery energy storage system projects totaling 1.5 GW / 3.6 GWh of capacity across Texas and Michigan. The transactions, which closed between April and July 2026,…
Guest post by: Rajiv Jalim, Global Director of Sustainability Solutions, Novisto This summer, insurers across southern Europe were doing arithmetic they hadn’t planned for. Repeated heatwaves pushed claims higher, widened the gap between what businesses lost and what their policies…
Fluence has revised downward its fiscal year 2026 (FY2026) guidance, attributing the financial hit largely to US supply chain delays.
The State Electricity Commission (SEC) of Victoria, Australia, secured a 15-year offtake agreement and will invest AUD 43 million for a stake in the 400 MW GWh Baranduda battery storage project, co-developed by Aware Super and Melbourne-based investor Birdwood Energy.…
Battery storage provider RCT Power GmbH has entered provisional insolvency proceedings, according to a notice from the Freiburg District Court in Germany. The insolvency application was filed by Managing Director Pei-Fen Hsiso, who succeeded long-serving managing director Thomas Hauser in…
IHA has urged India to accelerate pumped storage through faster clearances, stronger revenues and improved coordination.
Spain will introduce a capacity market for the peninsular electricity system, creating a new revenue mechanism for battery storage, generation and demand-side resources while the government increases planned electricity grid investment through 2030 to more than €17 billion. The Ministry…