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News
Suzlon Energy: Key takeaways from Annual Report FY26
3+ hour, 13+ min ago (200+ words) Record Growth | Suzlon shifted into a higher gear in FY26, consolidated revenue rising 54% to ₹16,679 crore, while EBITDA climbed to ₹3,022 crore from ₹1,857 crore. PAT before exceptional items stood at ₹3,093 crore. Deliveries at an All-Time High | The wind turbine maker delivered a record…...
Saudi Energy: Battery storage deals valued at SAR 3.3B
6+ hour, 3+ min ago (137+ words) Logo of Saudi Energy Company The company said in separate statements on Tadawul that it holds a 35.1% stake in each project, with the agreements running for 15 years from the commercial operation date. The financial impact of the three projects will…...
Acwa???s stake in 3 battery energy storage projects at 34.9%
13+ hour, 56+ min ago (248+ words) Logo of ACWA Power (Acwa) Acwa signed agreements to develop, build, and operate three standalone battery energy storage projects, with a 34.9% stake in each project upon financial close. According to a statement to Tadawul, the projects—Al Kahfah, Haden, and…...
Saudi Arabia signs $1.16bn battery storage deals for 2 GW
8+ hour, 57+ min ago (440+ words) RIYADH: Saudi Arabia signed agreements for four battery energy storage projects with a combined capacity of 2,000 megawatts and four-hour storage duration, in deals worth more than SR4.35 billion ($1.16 billion). The Saudi Power Procurement Co., the Kingdom’s principal buyer, signed the storage…...
CATL cuts out distributors with 63 USD/kWh direct LFP cell sales as 1,800 companies sign on
6+ hour, 50+ min ago (729+ words) CATL announced that over 1,800 energy storage companies have signed on to CATL Mall, a direct-sales online store run by the battery giant. Launched in June 2026, it aims to meet the needs of small- to medium-scale energy storage system integrators and…...
Leo ICT automates battery plant with 400-pack daily capacity
9+ hour, 11+ min ago (160+ words) Leo ICT Cables PLC has upgraded its lithium-ion battery manufacturing facility with automated systems, robotics and modern production technologies, targeting improved capacity, precision and product safety. The upgraded facility at Kaliakair Hi-Tech Park in Gazipur can produce around 400 HQ-branded lithium-ion…...
Saudi Energy, SPPC Sign Agreements for 1,500MW Battery Storage Projects in Saudi Arabia - News and Statistics
9+ hour, 42+ min ago (367+ words) All three contracts, dated August 20, encompass the development, financing, construction, ownership, and operation of the storage units, along with their grid interconnection. Each pact runs for 15 years starting from the commercial operation date of the respective facility. Saudi Energy has…...
Dealroom.co | Battery startups receive major DOE grants as defence demand grows
7+ hour, 54+ min ago (363+ words) Battery startups receive major DOE grants as defence demand grows Dealroom Battery startups receive major DOE grants as defence demand grows What's the deal? The U.S. Department of Energy has awarded grants from a $500M programme intended to strengthen domestic critical-mineral and…...
Need to scale storage capabilities amid growing RE capacity: Industry experts
9+ hour, 36+ min ago (15+ words) Press Trust of India...