WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the start of construction of the SOSA Energy Center, a 150 MW/300 MWh battery energy storage system (BESS) located in Madison County, Texas. The project, originally developed by Savion, a subsidiary of Shell plc, was formally acquired by Energy Vault in Q4 2025 under its Asset Vault platform, and is expected to achiev. ...

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Aegis Critical Energy Defence Corp. (CSE: QESS) (OTCQB: QESSF) (FSE: JG6) ("Aegis" or the "Company") announces that it has entered into a legally binding agreement with Seetel New Energy Co. Ltd. (Taiwan) (7740.TW) through the formation of Cordelia BESS Inc., an Ontario-incorporated project company established for the purpose of participating in Ontario's grid-scale energy storage market.Cordelia BESS Inc. has submitted a proposal Thursday ...

Core Insights - Westbridge Renewable Energy Corporation's subsidiary, Dolcy Solar Inc., has received final approval from the Alberta Utilities Commission for the Dolcy Solar + Energy Storage Project, allowing construction to commence [1][2][3] Project Details - The Dolcy project includes a 300 MWac solar photovoltaic system and a 100 MW / 200 MWh battery energy storage system, designed to connect to Alberta's grid [2][3] - The project is located in the Municipal District of Wainwright No. 61 and is expected to power over 58,000 homes once operational [3] Company Achievements - This marks Westbridge's third project to reach the 'Ready-to-Build' stage in Alberta, showcasing the company's commitment to renewable energy development in the province [3] - The company has successfully developed previous projects, including Georgetown and Sunnynook, further establishing its presence in the renewable energy sector [3] Leadership Commentary - The CEO and COO of Westbridge expressed pride in achieving this regulatory milestone, highlighting the team's efforts in navigating a challenging regulatory environment [4]

Core Insights - ReNew has signed a $331 million financing deal with the Asian Development Bank (ADB) for a large-scale renewable energy project in Andhra Pradesh, which will also receive an additional $146 million from other lenders [1][2] - The project will feature 837 MWp of wind and solar capacity along with a 415 MWh battery energy storage system, designed to deliver 300 MW of peak power [1][2] - This project marks ADB's first financing of a peak power renewable energy project, expected to generate approximately 1,641 GWh of clean energy annually [4] Financing Details - The $331 million financing includes up to $291 million in local currency from ADB's ordinary capital resources and up to $40 million from the ADB-administered Leading Asia's Private Infrastructure Fund 2 (LEAP 2) [2] - ADB will arrange the remaining financing for the project [2] Strategic Developments - ReNew had previously announced a $2.5 billion investment for a 2.8 GW hybrid renewable energy complex in Andhra Pradesh [2] - The company is actively selling assets as part of its capital recycling strategy, including a recent agreement to sell 300 MW of solar projects to Sembcorp Industries for around $100 million [6] Company Positioning - ReNew's gross clean energy portfolio stands at 18.2 GW, with 1.1 GW of battery energy storage systems as of August 13, 2025 [8] - The company also has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacity [8] Market Impact - The integration of battery energy storage with wind-solar hybrid systems is expected to be transformative, providing reliable clean power and stabilizing the grid [4] - The CEO of ReNew emphasized that the project demonstrates the competitive delivery of renewable energy at grid scale [3]

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **Global Battery Supply Chain**, particularly in relation to **Electric Vehicles (EVs)** and **Battery Energy Storage Systems (BESS)**. Core Insights and Arguments 1. **U.S. EV Sales Outlook for 2026** - There are concerns regarding a potential decline in U.S. EV sales in 2026 due to the termination of the $7,500 EV tax credit and relaxed fuel efficiency penalties. - Projections indicate that EV sales will remain flat in 2026, with evidence of a pullback in U.S. Battery Electric Vehicle (BEV) investments raising downside risks for sales [2][2][2]. 2. **Market Entry Strategies for U.S. BESS** - U.S. nickel EV battery overcapacity can be repurposed for iron (LFP) BESS batteries with minimal additional capital expenditure. - The policy environment presents an opportunity for onshore battery capacity to gain market share from Chinese imports, with investors seeking updates on LFP BESS capacity expansion and demand growth [3][3][3]. 3. **Feeding LFP BESS Capacity** - China holds a virtual monopoly on global LFP cathode production, and the eligibility for the $45 kWh battery production tax credit is contingent on the Material Assistance Cost Ratio (MACR), which may limit Chinese content. - Concerns exist that tariff-inclusive Chinese LFP cathode could exceed the 30% MACR threshold by 2028, potentially creating bottlenecks for U.S. LFP battery expansion [4][4][4]. 4. **Korean Cathode Makers and LFP Production** - Korean cathode manufacturers face high capital expenditure burdens to transition to LFP production, and their investment decisions are influenced by tariffs on Chinese imports and sourcing rules. - There is recognition of the LFP opportunity, but policy uncertainties are causing hesitation in committing new capital [5][5][5]. 5. **Decoupling from Chinese Battery Supply Chain** - The U.S. has imposed anti-dumping duties on Chinese graphite, leading to a cumulative tariff of 160%. - Early responses to high tariffs include contracts for natural graphite supply, indicating a shift towards supply chain decoupling. The upcoming APEC summit is anticipated to be pivotal, with potential tariff reductions being a concern for the mid-stream Korean battery value chain [6][6][6]. Additional Important Insights - **Safety Issues and Market Sensitivity** - The battery industry is sensitive to safety issues, which could negatively impact demand and profitability, particularly in recall scenarios. - Market share and profitability are also highly influenced by government policies, including tariffs and export controls [9][9][9]. This summary encapsulates the critical points discussed in the conference call, highlighting the challenges and opportunities within the global battery supply chain, particularly in the context of U.S. EV sales and the competitive landscape involving Korean and Chinese manufacturers.

Core Insights - Cypress Creek Renewables has achieved financial close on the Sundance Solar and Energy Storage hybrid project in Elbert County, Colorado, which includes 75 MWac of solar capacity and a 50 MW/200 MWh battery energy storage system [1][4] - The project aims to provide energy sufficient to power approximately 25,000 homes in Colorado, supporting the state's clean energy objectives [2] Company Commitment - The CEO of Cypress Creek Renewables emphasized the company's long-term commitment to Colorado, highlighting plans for further investments that will create jobs, generate local tax revenue, and provide reliable energy [3] - The project is expected to create up to 250 construction jobs and generate over US$9.5 million in property tax revenue over its 40-year operational life [3] Community Engagement - Cypress Creek has established a community working group in Elbert County to oversee the allocation of US$300,000 in direct community investment, ensuring a positive local impact [3] Financial Aspects - MUFG Bank Ltd. coordinated approximately US$190 million in construction financing for the project, with participation from BNP Paribas, DNB Bank ASA, and Santander [4] - Fifth Third Bank is acting as the tax equity investor for the project [4] Future Outlook - The Sundance Solar and Energy Storage project is projected to commence commercial operations by late 2026, contributing to Colorado's clean energy supply for decades [5]

Core Insights - Honeywell International Inc. has partnered with LS ELECTRIC to develop advanced power and control solutions for data centers and commercial/industrial buildings [1][3][8] Group 1: Partnership Overview - The collaboration aims to simplify power supply and management for critical industries by combining Honeywell's building automation expertise with LS ELECTRIC's power systems proficiency [3][8] - The partnership will focus on creating advanced products such as switchgear and power management systems to ensure uninterrupted operations in data centers [4][8] Group 2: Technological Innovations - Both companies plan to introduce AI-enabled power monitoring systems that will utilize Honeywell Forge and LS ELECTRIC's software capabilities to optimize energy use and detect issues promptly [4][8] - A battery energy storage system (BESS) will be developed to meet growing electricity demand and enhance energy stability in commercial and industrial facilities [5][8] Group 3: Market Positioning - With data centers currently utilizing only 1-2% of global electricity, this partnership positions Honeywell as a comprehensive provider of automation, energy, and power management solutions [6][8] - The integrated offerings are expected to enhance energy efficiency and reliability for Honeywell's customers [6]