Tag: storage
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Entrix raises €43M as contracted battery storage portfolio reaches 3GW
Battery optimisation company Entrix today announced two critical milestones. It has raised €43 million in funding and reached 3 GW / 8.5 GWh of contracted battery storage capacity. Of the contracted portfolio, 2 GW will be live and operational during 2026. Entrix operates a large and growing portfolio of battery storage systems across Europe, with read more
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Photoncycle raises €15M to scale seasonal energy storage in Europe
Norwegian energy storage scale-up Photoncycle has raised €15 million in Series A funding to address a key renewable energy challenge in Europe: enabling households to store surplus summer solar power for winter heating and electricity. The round was led by NordicNinja and Voima Ventures, with participation from existing investors Lifeline Ventures, Eviny Ventures, Luminar Ventures read more
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Capalo AI raises €11M to expand battery storage optimisation
Finnish sustainable technology company Capalo AI has completed an €11 million Series A funding round to support the expansion of its AI-powered virtual power plant across Europe and to scale the optimisation and trading of battery energy storage systems. The round was led by Heartcore Capital, with participation from Tesi (Finnish Industry Investment), existing investors read more
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The rise of battery storage as an infrastructure asset
As renewable generation expands and conventional baseload plants retire, electricity supply has become more volatile — amplifying price swings and increasing pressure on grid stability. Battery energy storage systems (BESS) address this imbalance by absorbing excess power when generation is high and discharging it when demand peaks. In doing so, they stabilise the grid, reduce read more
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