Lunar Energy raises $232 million to accelerate development of residential storage, VPP software
The Silicon Valley startup, led by former Tesla Energy executive Kunal Girotra, says the funding will support product innovation and expansion of its operations and manufacturing base.
Gigawatt, Inc. opens public investment round, plans to re-introduce Real Goods brand
The California-based solar and storage provider is seeking to raise more than $1.2 million to fund the development of its “Real Goods” hardware line and an AI-driven software hub.
EG4 Electronics partners with Leap to expand VPP offerings
The collaboration will integrate Leap’s distributed energy platform with EG4’s hardware ecosystem, which the companies say will allow homeowners to monetize their energy storage systems through automated grid services while maintaining backup reliability.
Joint venture NeoVolta Power will bring BESS manufacturing to Georgia
The partnership with PotisEdge and LONGi marks NeoVolta’s first move into domestic manufacturing.
Ford axes Lightning EV Truck, pivots to $2 billion grid-scale storage manufacturing
Ford announced it will move on from its electric vehicle trucks, instead producing hybrid vehicles and manufacturing grid-scale energy storage for the rapidly growing datacenter market as well as an entry to residential energy storage.
ESS–EV battery supply chain bifurcates as U.S. manufacturers pivot toward storage
While the long-term impacts of the elimination of the United States’ federal electric vehicle tax credit remain unknown, it’s clear that battery manufacturers in the country are starting to shift their approach toward grid-scale storage rather than EV batteries.
Canadian Solar consolidates U.S. manufacturing under parent, including solar and storage
By moving US manufacturing assets out from under its China-listed firm, while aiming to be a developer, a module manufacturer, and a battery producer, without the China-owned scrutiny.
NeoVolta secures $13 million for 2 GWh energy storage manufacturing in Georgia
The company produces batteries and inverters for residential and commercial applications. It secured funding for a potential U.S. manufacturing facility, pending definitive agreements.
Quino Energy expects Indian flow battery deal to spur U.S. deployments
Energy storage in urban areas make strong use case for non-flammable flow batteries.
Zinc battery maker Eos Energy to invest $353m in manufacturing expansion
Eos will combine its $352.9 million investment with funds from Pennsylvania state to make the move from New Jersey, with the company’s CEO hailing the benefits of public-private partnerships to expand US battery manufacturing.
