SAN DIEGO, Nov. 24, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable storage for resilient residential and commercial power infrastructure, today announced that it has entered into agreements for a $13 million private placement financing anchored by Infinite Grid Capital (“IGC”), in connection with a long-term relationship to support NeoVolta’s next phase of scalable growth and U.S.-based manufacturing expansion. ...

Greenvolt Power, a company of the Greenvolt Group and one of the leading developers of utility scale wind, solar, and energy storage projects, has signed an agreement for the sale of two ready-to-build battery energy storage system (BESS) projects in Poland, totalling 300 MW/1.2 GWh. The buyer is Northland Power Inc., a Canada-owned global power producer that owns and operates a diversified mix of energy infrastructure assets worldwide. The two projects – Mieczyslawów (200 MW/800 MWh) and Kamionka (100 MW/4 ...

Core Insights - Northland Power Inc. has acquired 100% equity interests in two battery energy storage system (BESS) projects in Poland, totaling 300 MW / 1.2 GWh [1][7] - This acquisition enhances Northland's presence in Poland and aligns with the country's transition from coal-based energy to renewable sources [2][4] Company Overview - Northland Power is a global power producer based in Canada, focusing on renewable energy and energy transition [4][5] - The company has a diversified portfolio, including offshore and onshore wind, solar, battery energy storage, and natural gas, with a total gross operating capacity of 3.2 GW [5] Project Details - The acquired projects, Mieczysławów (200 MW / 800 MWh) and Kamionka (100 MW / 400 MWh), are located in western Poland and have a four-hour duration [3] - Revenue from these projects is secured under 17-year capacity auction contracts indexed to inflation, with additional revenue expected from energy arbitrage and ancillary services [3] Market Context - Poland's energy landscape is rapidly evolving, with a projected increase in solar PV and wind capacity from approximately 31 GW today to 139 GW by 2050 [2] - The need for large-scale battery storage is critical as Poland transitions to a more renewable energy-focused power system [2]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **Battery Energy Storage System (BESS)** market, particularly in the context of the **U.S. electricity supply and demand** dynamics, driven by the growth of **data centers** and renewable energy sources [4][5][27]. Core Insights and Arguments 1. **Electricity Supply and Demand Imbalance**: - The U.S. is projected to face a significant electricity supply/demand imbalance, with peak demand expected to rise from **767 GW in 2024 to 915 GW by 2030**, reflecting a **3.0% CAGR**, while supply grows at only **1.7% CAGR** [27][28]. - Data centers are anticipated to account for **60% of incremental electricity demand growth** from 2025 to 2030 [5][15][36]. 2. **BESS Demand Forecast**: - The demand for BESS in the U.S. is raised by **21% to 177 GWh by 2030**, which is significantly ahead of consensus estimates [4][5]. - In an upside scenario, demand could reach **280 GWh** by 2030, driven by increased data center loads and a higher share of renewables [5][24]. 3. **Government Subsidies**: - U.S. storage subsidies of up to **$145/kWh** cover approximately **70% of BESS capital expenditures**, which is crucial for meeting long-term demand [6][22]. 4. **Korean Battery Makers' Position**: - Korean battery manufacturers are expected to capture an **85% market share** in the U.S. BESS market by 2030, with volume projections for 2025-2030 revised upward by **11%-62%** [6][26]. 5. **Data Center Growth**: - The **Tech-6 companies** (Amazon, Microsoft, Google, Meta, Oracle, and Apple) are leading the expansion of data centers, which are projected to account for **10% of total U.S. electricity demand by 2030** [36][60]. - If these companies grow at a **25% CAGR**, their additional demand will surpass the entire U.S. utility-scale solar industry by 2028 [36][60]. 6. **Renewable Energy Integration**: - By 2030, variable renewable energy (VRE) sources like solar and wind are expected to account for **47% of total U.S. electricity generation**, necessitating increased BESS capacity to manage intermittency [41][45]. Additional Important Insights 1. **Regulatory Environment**: - Various states are implementing regulations to ensure grid reliability amid rising data center demand, including special tariffs and efficiency standards [54][55]. - Texas has introduced strict grid rules requiring data centers to curtail during emergencies and pay for transmission costs [57]. 2. **Cost Competitiveness**: - Hybrid solar-battery projects are becoming cost-competitive with fossil fuels, with a weighted average LCOE of **$0.079/kWh** for hybrid projects, comparable to gas generation costs [67][68]. 3. **BESS Duration and Capacity**: - The average duration of BESS is expected to increase from **3.1 hours in 2024 to 4.1 hours by 2030**, which is essential for managing the growing share of intermittent energy supply [23][46]. 4. **Investment Opportunities**: - Companies like **LG Energy Solution** and **LOPAL** are highlighted as top picks to capitalize on U.S. BESS growth due to their advanced capacity expansion plans [7]. 5. **Market Dynamics**: - The report emphasizes the need for a diversified clean energy resource mix to meet the growing electricity demand driven by data centers and the transition to renewable energy [60]. This summary encapsulates the critical insights from the conference call, focusing on the evolving landscape of the BESS market and its implications for the U.S. electricity supply and demand dynamics.

Aukera Energy has secured a €60m ($69.58m) debt facility from Kommunalkredit Austria to finance its first standalone battery energy storage system (BESS) in Romania. The debt facility will support the construction of a 250MW BESS in Gura Ialomitei, Ialomita County, set to be one of the largest of its kind in Central and Eastern Europe. The Aukera Romania battery storage project will be delivered in two phases, with first-phase construction already underway. The entire project is projected to be fully ope ...

Core Insights - Canadian Solar Inc. (CSIQ) has signed a Battery Energy Storage System (BESS) supply contract for a 20.7 MW / 56 MWh project in Lower Saxony, Germany, which includes a 20-year Long-Term Service Agreement (LTSA) [1][6] - The e-STORAGE subsidiary will utilize its proprietary SolBank technology platform for the integrated BESS solution [1][6] - Shipments are set to begin in March 2026, with commissioning planned for later that year [2][6] Industry Context - The energy storage market is experiencing significant growth, with a projected CAGR of 16.1% in Europe from 2025 to 2030, driven by the increasing adoption of clean energy [3] - Canadian Solar's strategy to expand its presence in Europe aligns with this positive market outlook [3] Recent Developments - In May 2025, CSIQ's e-STORAGE unit launched the SolBank 3.0 Plus battery energy storage product at Intersolar Europe [4] - Earlier in January 2025, CSIQ signed agreements to supply 2 GWh of BESS for two major projects in Scotland [4] Stock Performance - Over the past six months, Canadian Solar shares have increased by 214.4%, significantly outperforming the industry growth of 41.7% [5]

Accessibility StatementSkip Navigation Quarterly Revenues of $19.15 million and a 44.61%GrossMargin Return to Profitability with NetIncome of $1.01million This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June5,2025 to its short form base shelf prospectus datedMay7,2025 TORONTO, Nov. 17, 2025 /PRNewswire/ - PowerBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") reports its fiscal first quarter 2026 ...

ab 13 November 2025 Global Research First Read China Energy Storage Industry Takeaways from call on US AIDC power demand and BESS demand AIDC to drive the electricity demand boom in US We invited our UBS US renewable analyst, Jon Windham, to share his insights on US AIDC power demand and BESS demand growth outlook. Jon expects large power supply gap in US driven by the booming AIDC demand and the stagnant power capacity growth. US power demand has seen only 0.3% growth over past 25 years, while this could i ...

Core Insights - Nuvve is expanding its operations in Denmark by developing three new Battery Energy Storage System (BESS) projects, each with a capacity of 2MW, totaling 6MW [1][2][4] Project Details - The new BESS projects are strategically located in Helsingør and Ringsted on the island of Zealand [2] - Each BESS will have a duration of 2 hours and will focus on providing ancillary services and energy arbitrage to the grid [8] - The projects are expected to be Ready-to-Build (RtB) in the first half of 2026 and operational by late 2026 [8] Market Opportunity - The Danish electricity market is poised for growth in Battery Energy Storage Systems due to the goal of achieving a 100% green electricity system by 2030, the retirement of conventional generation, and increasing market volatility from renewable energy sources [4] - Nuvve has a strong track record in Denmark, having operated its Vehicle-to-Grid (V2G) technology for over 9 years [4] Financial Projections - Nuvve anticipates that these new assets could generate revenues similar to its previous projects, which have yielded between $400 to $600 per kW-yr [5] - The total capital deployment for the three projects is estimated at $10 million, with a potential internal rate of return of 25% [8]

Core Insights - Stubbo Solar is one of the largest solar projects in Australia, with an investment of AUS $760 million and a capacity of 520 MWdc (400 MWac) [1] - The project exemplifies the importance of clear policy and strong partnerships in unlocking large-scale renewable investments [3] - ACEN Australia is committed to supporting a clean energy future and has a significant pipeline of renewable projects [13] Project Overview - Stubbo Solar is located about 10 km north of Gulgong in central-west NSW and can generate enough electricity to power 185,000 Australian households [10] - The project includes a provision for a 200 MW / 800 MWh battery energy storage system (BESS) to enhance reliability as the grid decarbonizes [7] - It is the first large-scale solar project certified for full circularity under the Circular PV Alliance framework, ensuring sustainability through the reuse or recycling of all 930,000 solar panels [8] Economic Impact - During construction, ACEN Australia invested nearly AUS $85 million into the NSW economy, including AUS $60 million in local contracts and procurement [9] - The project contributed AUS $3.2 million to First Nations businesses and over AUS $400,000 to community initiatives through its Social Investment Program [10] Company Commitment - ACEN Australia has 1 GW of operational capacity and a pipeline of over 3 GW of fully permitted projects, with a goal of achieving 10 GW in development [13] - The company aims to invest around AUS $2 billion in regional benefits, supporting housing access, education, and local enterprise development [14] - ACEN Australia employs over 130 people and is focused on making Australia's clean-energy transformation a global benchmark for fairness and innovation [15]