Localization as a megatrend: Expect major investment in domestic energy production, battery manufacturing, and grid hardening in politically stable regions.

Resilience premium: Companies and countries able to deliver clean, dispatchable energy with minimal geopolitical risk will command premium valuations.

Re-onshoring deals: North America and the EU are seeing an uptick in clean energy manufacturing incentives, setting the stage for private investment.

Italian utility ACEA is selling its retail arm, ACEA Energia, to Eni’s renewables unit, Plenitude, for €588.5 million (US$680M). The deal also includes a 50% stake in Umbria Energy and an additional earn out opportunity of up to €100 million if performance targets are met, a clear signal of Plenitude’s ambition to scale its clean energy retail operations in Italy.

UK-based Nexwell Power has just acquired a 248 MWp portfolio of utility-scale solar PV projects in Spain from Q Energy. The package includes seven solar plants across Andalusia and Aragon, four already under construction, the other three in advanced development. When complete, these projects will generate around 500 GWh/year which is enough to power 142,000 homes and avoid 200,000 tons of CO₂ annually.

Macquarie‑backed Eku Energy has purchased a 300 MW battery energy storage project in New Zealand’s Waikato region, tied to Mercury NZ Ltd’s previously consented project. This marks Eku’s entry into New Zealand and expands its global BESS footprint alongside Australia, the UK, Italy, and Japan.

Why it’s important: Spain’s recent blackouts have raised alarms over grid flexibility. Tether aims to provide scalable, software-defined storage without needing new hardware.

What’s next: They’ll use the funds to build out partnerships and expand into Nordic markets, where grid stress and EV uptake are high.

Why it’s important:
Investment is growing in India’s climate tech sector, and this move signals increasing global interest in Indian climate tech solutions. This program provides early-stage founders with mentorship, capital access, and global networks.

What’s next:
Applications close July 31. The showcase in November will connect startups to global VCs and corporate partners, laying the groundwork for Series A investment in 2026.

Why it’s important:
As renewables scale, grids are becoming more unpredictable. Engrate provides essential orchestration, enabling flexibility and avoiding bottlenecks. It’s a key piece of infrastructure for a renewable-dominated energy system.

What’s next:
They’ll expand operations across Northern Europe, aiming to sign utility and IPP partnerships. If early pilots go well, look for a Series A in 2026 focused on North American expansion.

Why it’s important:
Project finance remains a massive bottleneck to scaling clean assets. CapeZero standardizes and accelerates key steps in capital structuring, letting developers focus on deploying projects instead of drowning in spreadsheets.

What’s next:
They’ll add features to manage 30 to 40 year project lifecycles, thinking beyond tax equity toward long-term asset management. Expect growth into U.S. utilities, solar, wind, and storage portfolios in mid‑2025.

China reclaimed the #1 spot in BloombergNEF’s 2025 Global Lithium-Ion Battery Supply Chain Ranking, overtaking Canada and the U.S.

The ranking evaluates 30 countries across raw materials, manufacturing, downstream demand, ESG, and infrastructure. Beijing regained its lead thanks to low electricity costs, a highly concentrated manufacturing base, and accelerated capacity additions across the value chain

Cost power matters: China’s cheap energy and scale are decisive in battery competitiveness

Manufacturing dominance persists: Western and emerging economies are still playing catch-up in cell production and supply infrastructure

Policy vs. reality: Despite Canada’s IRA-aligned incentives and ESG advantage, it couldn't unseat China once Beijing doubled down on upstream activity