battery-storage
3 stories related to this topic, newest first.
app.buzzsumo.comMoment Energy Raises $40 Million in Series B Funding for EV Battery Repurposing
Canadian startup Moment Energy has secured $40 million in Series B funding to expand its operations in repurposing electric vehicle batteries for grid-scale storage. The round was led by Evok Innovations and included participation from new and existing investors. CEO Edward Chian…
EuronewsEurope Sees Record Hours of Negative Electricity Prices in Q1 2026 Due to High Renewable Output
Negative electricity prices reached new peaks on the Iberian Peninsula in the first quarter of 2026, driven by surplus renewable energy supply. Spain and Portugal saw hundreds of hours below zero, while France and Germany also reported sharp increases. Grid constraints and rising…
dnaindia.comTesla Australia Earns $3 Million from Emissions Credits as Storage Revenue Tops EVs
Tesla Australia reported its first revenue from Australia's new vehicle emissions standards, amounting to $3 million. Battery storage accounted for 55% of the company's Australian-sourced revenues in 2025, surpassing electric vehicle sales. Overall revenue declined to $4.5 billio…