The European Central Bank (ECB) announced plans to extend the use of climate factors in the collateral framework to eligible loans to non-financial corporations, significantly expanding its initiative to adjust the value assigned to assets pledged by banks as collateral…
LG Energy Solution has filed a US patent infringement lawsuit against Chinese battery manufacturer EVE Energy and asked the US ITC to block imports of allegedly infringing battery products. The South Korean battery producer filed the federal lawsuit on July…
Eversource and National Grid will enable customers in Massachusetts to enrol vehicle-to-grid (V2G) -capable EVs in their demand side flexibility programme.
Spanish renewable energy producer Prosolia Energy has commissioned a battery energy storage system (BESS) at its Albispark solar plant in Castelo Branco, central-eastern Portugal. The project combines a 15 MW battery system with 60 MWh of storage capacity and an…
Germany-based testing, certification, auditing, and advisory services provider TÜV SÜD announced today the acquisition of climate impact verification platform SustainCERT, in a move aimed at expanding its capabilities in digital carbon verification and strengthening its position in global carbon markets.…
Tight supply and a soaring heat once again squeezed German power markets in June. After the marked shift in market dynamics observed in May, June largely confirmed that this was no temporary phenomenon. High temperatures and persistently weak wind generation once again shaped the market…
The European Financial Reporting Advisory Group (EFRAG) announced the release of its new Exposure Draft of the European Sustainability Reporting Standards for certain non-EU undertakings (ESRS-40a ED), outlining proposed sustainability reporting requirements for non-EU companies included in the scope of the…
CATL’s energy storage division represented 19.23% of the Chinese battery manufacturer’s total revenue in the first half of 2026.
Ark Energy has secured a financial investment decision (FID) for its Richmond Valley solar and BESS project in the Northern Rivers region of New South Wales, Australia. The decision, approved at an extraordinary board meeting of parent company Korea Zinc…
Brazil’s electricity regulator, Aneel, has published draft rules for the country’s first capacity reserve auction for battery energy storage systems (LRCAP-BESS), proposing stricter project qualification requirements, higher financial guarantees, and new disclosure rules for investment funds. The proposals are set…