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MITEI spinout Quaise raises $180 million

Quaise Energy, an MIT Energy Initiative (MITEI) spinout developing drilling technology to access superhot geothermal energy, raised $180 million in a series B round of venture capital, bringing the company’s total funding to $280 million. This new investment will fund…

D.TRADING, Capalo AI to offer bankable BESS revenue deals

D.TRADING, the energy trading unit of Ukraine’s DTEK Group, and Finnish battery optimizer Capalo AI said they have started working together to offer structured revenue arrangements for battery energy storage and hybrid renewable projects in Europe, combining D.TRADING’s offtake capabilities…