Posts

GridStrong Raises $10M to Automate Grid Compliance and Reliability

GridStrong Raises $10M to Automate Grid Compliance and Reliability Sep 17, 2025 GridStrong is scaling to help asset owners manage compliance with confidence. Grid operators and asset owners are being asked to do more with less—manage load growth, navigate interconnection queues, and meet time-critical requirements—all while safeguarding reliability. Manual, consultant-heavy workflows can’t keep pace. GridStrong’s compliance platform changes that equation with AI-native automation built by engineers who have helped shape industry standards. On September 17, 2025, GridStrong announced a $10 million oversubscribed seed round led by Congruent Ventures , with participation from Energize Capita l and a strategic investment from Engie Renewables North America , alongside other major utilities. This financing accelerates delivery of end-to-end automation for today’s most demanding compliance and operations workflows. WHY NOW: RELIABILITY DEPENDS ON BETTER COMPLIANCE EXECUTION The grid faces c...
Post a Comment
Read more

PROENERGY Signs Definitive Agreement to Sell 1.6 GW of Gas-Fired Combustion Turbines to CPS Energy for ~$1.4 Billion

PROENERGY Signs Definitive Agreement to Sell 1.6 GW of Gas-Fired Combustion Turbines to CPS Energy for ~$1.4 Billion 16 Sep 2025 On September 15, 2025, CPS Energy and PROENERGY entered into a definitive agreement under which CPS Energy has agreed to acquire four natural gas power generation facilities with an aggregate electric capacity totaling 1,632-megawatts ("MW") for $1.387 billion, subject to standard net working capital adjustments. The transaction is expected to close in the third quarter of 2025. Located in the Electric Reliability Council of Texas ("ERCOT") market, the acquired assets include state-of-the-art, recently constructed peaking natural gas plants in Harris, Brazoria, and Galveston Counties. The acquired assets are dual-fuel capable, providing CPS Energy future optionality to transition to a hydrogen fuel blend that would enable reduced carbon emissions. In addition to the purchase agreement, CPS Energy and PROENERGY have entered into Operations ...
Post a Comment
Read more

Google selects Shell as its renewable energy manager in the UK

Google selects Shell as its renewable energy manager in the UK Shell Energy Europe Limited (Shell) has been selected by Google as its renewable energy supply manager in the UK, under the US-based technology company’s Carbon-Free Energy supply model to reach its goal of running entirely on clean energy by 2030. Shell will use its advanced trading capabilities to manage a renewable power portfolio for Google that addresses the intermittency of renewable generation through access to battery energy storage systems. This balancing will provide a reliable supply of energy to meet Google’s varying power needs at any hour of the day. When power production is high, Shell will store the surplus so that when generation falls and more energy is needed by Google, Shell will discharge these batteries back into the UK grid. Efficient battery management contributes to the stability of the UK power system and supports the country's move towards greater use of low-carbon energy. The announcement coi...
Post a Comment
Read more

I Squared Capital Acquires Majority Stake in ENTEK to Reshore Critical U.S. Battery Manufacturing

I Squared Capital Acquires Majority Stake in ENTEK to Reshore Critical U.S. Battery Manufacturing September 17, 2025 MIAMI–( BUSINESS WIRE )–I Squared Capital (“I Squared”), a leading global infrastructure investment manager, today announced it has signed a definitive agreement to acquire a majority equity interest in ENTEK Technology Holdings LLC (“ENTEK”), a leading global manufacturer of battery separators. I Squared’s $800 million investment complements a loan from the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing (ATVM) program of up to $1.3 billion. With initial funding already provided, these combined investments underscore the importance of strong public-private collaboration in securing U.S. domestic manufacturing of strategic technologies. The investment will fund construction of a gigafactory in Terre Haute, Indiana – the first and only facility of its kind in the U.S. producing wet-process lithium-ion battery separators, critical components for batt...
Post a Comment
Read more

VoLo Earth Secures $135M Fund II, Growing 50% Despite Venture Downturn, Validating Systematic Strategy

VoLo Earth Secures $135M Fund II, Growing 50% Despite Venture Downturn, Validating Systematic Strategy  Anchored by leading global institutions, Fund II builds on Fund I’s top-decile performance and two realized exits to prove repeatable outcomes in energy and industrial innovation.  Snowmass, CO – September 17, 2025 – VoLo Earth Ventures today announced the close of its second fund at $135 million, a 50% increase over its inaugural $88 million fund. The raise grows VoLo Earth’s total Assets Under Management to around $250 million and underscores investor conviction in its disciplined, capital-efficient strategy. The announcement comes at a time when venture fundraising is at decade lows, making VoLo Earth’s Fund II close a standout signal of where capital is moving.  Anchored by Voloridge Investment Management and supported by other leading global financial institutions and family offices, including Carbon Equity, Cathay Innovation’s InnoSquare fund, Morgan Stanley | Gr...
Post a Comment
Read more

TDK Ventures Invests in Rodatherm to Accelerate Next-Generation Geothermal Energy

TDK Ventures Invests in Rodatherm to Accelerate Next-Generation Geothermal Energy Sep 15, 2025 11:00 AM Eastern Daylight Time Rodatherm Energy Corporation is a privately held geothermal power-generation company with a primary focus on the Great Basin region in the Western United States Geothermal energy is a low-emission energy source that contributes to a greener and more sustainable future; it may be the first baseload, low-carbon, affordable generation technology available Rodatherm’s patented advanced geothermal system (AGS) is a fully pressurized and cased closed-loop system, analogous to a heat pump, that uses a novel working fluid and targets sedimentary basins with high natural convection. The system has a targeted operating life span of multiple decades, does not use fresh water, and has a small energy dense surface footprint SAN JOSE, Calif.--( BUSINESS WIRE )--TDK Corporation (TSE: 6762) announced today that its corporate venture-capital subsidiary, TDK Ventures, Inc., is i...
Post a Comment
Read more

PGGM invests €19 million in Sympower to accelerate European energy flexibility

PGGM invests €19 million in Sympower to accelerate European energy flexibility Sympower, Europe’s leading independent flexibility services provider, has secured €19 million in funding from pension investor PGGM, investing on behalf of PFZW, the Dutch health care pension scheme. Sympower will use the funds to further roll out its battery storage (BESS) optimisation solutions and pursue additional mergers and acquisitions. This investment is an extension of Sympower’s Series B1 funding, bringing the total round to €42 million. Accelerating the next phase: BESS and M&A With over 2.7GW of flexible distributed energy assets under management across Europe, Sympower has established itself as a market leader in energy flexibility. This latest investment marks a pivotal step in scaling the company’s presence in BESS, expanding its acquisition pipeline, and advancing its pan-European growth. The funding will enable Sympower to build on its track record with grid-scale battery projects in Sw...
Post a Comment
Read more