Electric truck manufacturer Harbinger announced that it has received an order from global delivery giant FedEx for 2,000 of its all-electric trucks, with a total order value exceeding $300 million, marking one of the largest binding orders for electric medium-…
The majority of stakeholders responding to a consultation into the development of Canada’s Sustainable Finance Taxonomy said that they strongly opposed a proposal to include an “abatement measures” category focused on decarbonizing activities related to fossil fuels, according to the…
Shared grid connections at co-located solar-plus-storage sites are concentrating insured revenue into a growing risk for BESS insurers, said Olly Litterick, head of renewables at TMGX, a green transformation underwriting business that Japan’s Tokio Marine group launched in 2025. Such…
Finnish technology group Wärtsilä has transferred its global energy storage business to Valo, a joint venture it owns equally with German engineering company RCT Solutions, and said it expects the new company to lose money in 2026 before turning positive…
Swedish green iron and steel maker Stegra announced the completion of a 100-day review of its project to build the world’s first large-scale green steel plant in Boden, Sweden, revealing that it will require more capital to complete the project due…
Battery energy storage systems (BESS) are increasingly being positioned as essential infrastructure investments rather than purely financial assets, as seen in a series of strategic partnerships announced in late September that integrate storage with broader energy and digital infrastructure strategies.
Maharashtra’s electricity regulator has proposed mandatory BESS for renewable projects seeking grid connectivity.
Antora Energy has a deal to deliver a 5.8 GWh, multi-day thermal energy storage project for Pratt Energy in Kansas. It is the second major thermal battery project announced by Antora in 2026. The agreement will see Antora Energy’s thermal…
It’s disheartening how much power gets generated and then promptly lost as it travels through grid networks. This leaking of electricity happens when it vanishes as heat as well as when it is pilfered by thieves and nonpaying customers. More…
UK pension scheme Nest announced that it has awarded investment manager Wellington Management with a £3.5 billion (USD$4.6 billion) mandate to manage its emerging markets equity strategy, in a move aimed at strengthening the strategy’s ESG risk evaluation and stewardship.…