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Canadian Solar's e-STORAGE to build 8 MW/40 MWh battery system in Italy with Axpo

Market News
23 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Canadian Solar's energy storage unit, e-STORAGE, has signed an agreement with Axpo's subsidiary to install an 8 MW/40 MWh battery energy storage system at a gas power plant in southern Italy. Construction will start at the end of 2026, with operations expected by early 2028. This project addresses grid constraints in Calabria by storing excess solar energy and improving local power flexibility, marking e-STORAGE's first project in Italy and expanding its presence in Europe. The partnership aims to enhance grid stability and reduce electricity costs in the region, with plans for further collaboration between the two companies.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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1 hour ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
4 hours ago
Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...

Company Fundamentals
Bullish
4 hours ago
Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

Market News
Bearish
4 hours ago
Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...

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