Akayshak Energy, the BlackRock-backed Australian battery storage developer, is attracting interest from infrastructure investors and pension funds as it considers selling a 50%-60% stake in the business. The process, managed by Macquarie Capital, could also result in a full takeover, with indicative bids expected in July. Akaysha currently has roughly 2 GW of BESS projects across five batteries and nearly 10 GW in development, with the company projecting more than AUD 600 million in EBITDA by 2029.

York Space Systems has acquired Arizona-based space solar manufacturer Solestial in a deal worth roughly USD $67 million, paid through a mix of cash and stock. The acquisition gives York in-house access to Solestial’s thin, flexible solar cell technology designed for satellites and spacecrafts, while strengthening domestic supply chains for critical solar materials. Solestial’s US-based manufacturing operations and self-repairing solar technology are expected to support York’s growing national security, civil, and commercial space programs.

EnergyX and Wildcat Discovery Technologies have partnered to advance a Lithium iron phosphate (LFP) cathode active material manufacturing facility in Hooks, Texas, in a project representing more than USD $230 million of investment. The proposed plant would produce around 15,000 tonnes per annum of LFP cathode material in Phase 1, with DOE funding support potentially accelerating construction and scale-up of one of the first major domestic LFP cathode supply hubs in the United States. 

The site sits adjacent to EnergyX’s Project Lonestar lithium plant and leverages the company’s extensive lithium brine resources in the Smackover formation, aiming to vertically integrate lithium supply and cathode production. The joint venture is expected to create roughly 150 permanent jobs and up to 800-12,000 construction and indirect roles, reinforcing the broader push to onshore critical battery supply chains and reduce reliance on overseas markets.

Port Hawkesbury Paper is investing approximately USD 450 million to construct up to 31 Nordex SE wind turbines in Nova Scotia, forming one of North America’s largest industrial wind deployments designed specifically for cold-climate operation. The Nordex N163/6.X turbines feature proprietary electrothermal anti-icing technology, enabling operation in temperatures as low as -30 C° by actively preventing ice formation on blades and heating critical rotor components. The 6.9 MW turbines, with rotor diameters of 163 metres, are already being deployed across Atlantic Canada as utilities and industrial players increasingly target winter reliability and grid stability in high-demand cold-weather systems.

German fusion startup Focused Energy has raised a record-breaking $240 million Series A round, bringing its total private funding to approximately $300 million. The round was backed by existing investors RWE and Prime Movers Lab, alongside new investors including Germany's Federal Agency for Breakthrough Innovation (SPRIND) and the European Innovation Council Fund. Founded in 2021 as a spinout of the Technical University of Darmstadt, Focused Energy is developing laser-driven fusion technology based on inertial confinement fusion. The funding will support development of the company's fusion systems and its planned Lighthouse demonstration plant at a former RWE power station in Biblis, Germany, highlighting growing investor confidence in fusion as a potential long-term source of carbon-free baseload power.

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Climate-focused venture firm Gigascale Capital has closed a $250 million inaugural institutional fund to invest in early-stage clean energy and industrial technology startups. Co-founded by former Meta CTO Mike Schroepfer, the firm is targeting companies developing technologies that can benefit from rising electricity demand driven by AI, data centers, electrification, and industrial reshoring. The firm's portfolio includes long-duration energy storage company Form Energy, wave energy developer Panthalassa, and carbon utilization startup Dioxycle. According to Schroepfer, the convergence of growing power demand and rapid changes in physical infrastructure is creating opportunities for a new generation of energy and industrial technology companies.

Fusion energy startup Helion Energy has raised $465 million in a Series G financing round led by Thrive Capital, valuing the company at $15.5 billion. The financing nearly triples Helion's valuation from its January 2025 funding round and brings total capital raised to approximately $1.5 billion. Backed by investors including Sam Altman, SoftBank Vision Fund 2, Lightspeed Venture Partners, and Mithril Capital, Helion plans to use the proceeds to accelerate commercial deployment, expand manufacturing capacity, and support delivery of clean electricity to customers. The company is currently developing its first power plant in Washington State and previously signed agreements with Microsoft to supply fusion-generated electricity by 2028 and with Nucor to develop a 500 MW fusion power plant.

Energy storage startup VoltSeal has raised $1.5 million in a pre-seed funding round led by Theia Ventures, with participation from Rainmatter by Zerodha, Momentum Capital, Social Alpha, and several angel investors. The company deploys behind-the-meter lithium-iron-phosphate battery systems at commercial and industrial facilities, helping customers reduce diesel generator usage, lower demand charges, optimize electricity costs, and support EV charging loads. VoltSeal plans to use the funding to expand its distributed battery intelligence platform, with a long-term vision of aggregating deployed systems into virtual power plants capable of providing grid-balancing services.