Commissioning delays and technical gaps plague battery storage handovers, industry experts warn
The transition of battery energy storage systems (BESS) from development to operations remains fraught with technical gaps and communication breakdowns.
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Covenergo and Delta Capacity break ground on 125 MW / 300 MWh Finnish big battery
Construction has started on a 125 MW / 300 MWh standalone battery energy storage system (BESS) in Lapinlahti, central Finland. The project is said to be a partnership between European renewable infrastructure developer Covenergo and Swiss storage developer-operator Delta Capacity,…
Kanin Raises $100 Million to Turn Industrial Waste Heat into Carbon-Free Power
Industrial energy developer Kanin Energy announced that it has raised up to $100 million in new equity financing, with the proceeds from the financing aimed at accelerating its deployment of projects turning waste heat into electricity for industrial facilities across…
SEC Proposes Eliminating Key Rule Enabling Shareholders to Bring Proposals for Proxy Voting
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…
Lightshift selects FlexGen EMS for 285 MWh BESS portfolio across PJM and ISO-NE
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…
Verra Launches Scope 3 Standard to Verify Value Chain Climate Projects
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 secures $1.4 billion in financing for 1.5 GW energy storage portfolio
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,…
When the ESG Label Fades, the Work Doesn’t
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 cuts 2026 revenue & EBITDA guidance as US production delays bite
Fluence has revised downward its fiscal year 2026 (FY2026) guidance, attributing the financial hit largely to US supply chain delays.
Australian state utility takes stake in 400 MW/1.86 GWh battery
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.…