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Press Release Database
Recent press releases, indexed by topic.
Finance · SaaS
HONG KONG, Oct 5, 2026 - (ACN Newswire) - Australia’s rapidly expanding home battery market is becoming more than a story about hardware sales, as government subsidies accelerate adoption and virtual power plant programs draw household batteries into the wider electricity system. The shift provides the backdrop to Cheche Group Inc.’s (Nasdaq: CCG) proposed move into residential energy storage.
Cheche said earlier this month that it had signed a non-binding term sheet for a strategic investment in Long Way Fortune, a residential solar-and-storage business operating in Australia and Singapore. The transaction remains subject to due diligence, definitive agreements and relevant approvals.
The proposal would take Cheche beyond its core digital insurance and mobility businesses at a time when Australia is committing significant public funding to the residential energy storage sector. Since July 2025, the federal Cheaper Home Batteries Program has provided an upfront discount of around 30% for a range of eligible battery systems, with support now tiered by system size and set to decline over time. The government later expanded estimated four-year funding to A$7.2 billion, a move expected to help more than 2 million Australians install a battery and add roughly 40 gigawatt-hours of storage capacity by 2030.
As installations rise, attention is also shifting to how those batteries are used once they are in homes. In Western Australia, households receiving state battery rebates or no-interest loans are required to participate in a virtual power plant, or VPP, while New South Wales has taken a different approach by offering incentives for eligible battery owners to connect their systems to one.
VPPs allow household batteries to be coordinated in response to electricity prices, periods of peak demand and broader grid conditions. For homeowners, a battery can still lower electricity bills or provide backup power, but once connected to a VPP it can also form part of a larger pool of distributed energy capacity.
That is gradually broadening the economics of residential storage. Much of the industry has traditionally revolved around selling and installing equipment, but a growing base of connected batteries is creating opportunities around aggregation, electricity management and services linked to how those assets are operated over time.
Hardware performance, pricing and installation will remain central to adoption. In markets where batteries are increasingly connected with electricity retailers, VPPs and grid programs, however, the commercial relationship can extend well beyond the initial equipment sale.
Cheche has placed the proposed investment within its broader “Green Mobility + Green Energy” strategy. While Cheche’s existing digital insurance business and Long Way Fortune’s energy storage solutions currently operate independently, both teams are actively exploring cross-sector synergies within the EV and green energy supply chains. Detailing of operational integration is expected as negotiations progress.
The near-term relevance of the proposal therefore lies less in any immediate overlap with Cheche’s existing business than in exposure to a part of the energy market undergoing rapid change. Australia is adding household batteries at scale while also developing ways for those assets to participate more actively in the electricity system.
As more systems are connected, residential storage is beginning to move beyond a largely product-driven market. Energy storage equipment sales remain important, but aggregation and ongoing energy services could account for a larger share of the value created around those systems over time. Unlocking the full value of this transition will depend on finalizing the transaction and executing its operational integration.
Australia’s battery subsidies are putting more storage into homes, while VPP programs are beginning to shape how those batteries interact with the electricity market once installed. For companies entering the sector, the opportunity is increasingly tied not only to rising demand for batteries, but also to the changing role those assets play after they are connected.
Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com
Oct 5 · 01:16·mlpr-acnnewswire
Finance · Energy
(PR-inside.com) NEW YORK CITY, NY / ACCESS Newswire / October 4, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed against Tigo Energy, Inc. ("Tigo" or the "Company") (NASDAQ:TYGO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Tigo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until November 23, 2026, to ask the Court ..
Oct 4 · 22:02·PR-Inside
Finance · Energy
(PR-inside.com) NEW YORK CITY, NY / ACCESS Newswire / October 4, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed against Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ:FLNC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Fluence and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until November 30, 2026, to ask the Court ..
Oct 4 · 22:02·PR-Inside
Finance · Energy
(PR-inside.com) NEW YORK CITY, NY / ACCESS Newswire / October 4, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed against FuelCell Energy, Inc. ("FuelCell" or the "Company") (NASDAQ:FCEL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether FuelCell and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until November 10, 2026, to ask the Court ..
Oct 4 · 22:01·PR-Inside
Energy
Naples roofer founded in 1972 now holds three Florida state contractor licenses and has completed more than 3,000 roofs in the past three years NAPLES, Fla., Oct. 4, 2026 /PRNewswire-PRWeb/ -- Green Coast Roofing and Solar, a family-owned roofing and solar contractor serving Southwest...
Oct 4 · 16:00·PRWeb
AI · Energy
LAS VEGAS and NEW YORK, Oct. 4, 2026 /PRNewswire/ -- Vision Group showcased its portfolio of AI data center (AIDC) power and energy storage products at YOTTA 2026 in Las Vegas on September 29–30, marking the first public appearance of LiLic Sidecar. Addressing the growing need for...
Oct 4 · 15:32·PR Newswire
Finance · Energy
(PR-inside.com) NEW YORK CITY, NY / ACCESS Newswire / October 4, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed against FuelCell Energy, Inc. ("FuelCell" or the "Company") (NASDAQ:FCEL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether FuelCell and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until November 10, 2026, to ask the Court ..
Oct 4 · 15:01·PR-Inside
Energy
Rising Bantamweight Talent Talbott Secures First-Round TKO Victory Over Brazilian MMA Icon, Earns $25,000 Finish Bonus 30-Year-Old Esteban Ribovics from Argentina Stops King Green in Round 1 34-Year-Old Johnny Walker from Brazil Earns First-Round KO Victory over Mick Parkin in Heavyweight...
Oct 4 · 15:00·PR Newswire
Energy
Hong Kong, Oct 4, 2026 - (ACN Newswire) - Central New Energy Holding Group Limited (01735.HK) announced that MSCI Sustainability & Climate has assigned the Company a Provisional ESG Rating of BB, with a rating action date of September 23, 2026.
According to the MSCI report, the Company was assessed under the Semiconductors & Semiconductor Equipment ESG Rating model (version 5.0.2), recording an industry-adjusted score of 4.14 and a weighted-average Key Issue score of 4.8 out of 10. Across the three pillars, the Company scored 4.8 for Environmental, 2.3 for Social, and 7.0 for Governance, with governance serving as a key pillar of support.
The MSCI BB rating demonstrates that the Company possesses a mature ESG risk-management framework and robust resilience against long-term sustainability risks. Achieving this rating reinforces the Company's investability and enhances its standing among global institutional investors and ESG-focused funds, providing strong momentum for future capital market access, financing optimization, and long-term expansion.
The Company said it will continue to enhance its ESG management, disclosure, and operational practices to support business development and sustainable value creation. The rating is provisional and does not constitute a credit rating, securities research report, or investment advice.
Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com
Oct 4 · 12:22·mlpr-acnnewswire
Energy
Men's Skateboard Street: Nyjah Huston Takes 1st Place, Toa Sasaki Claims 2nd Place, and Giovanni Vianna Finishes 3rd Women's Skateboard Street: Liz Akama Claims 3rd Place PARIS, Oct. 4, 2026 /PRNewswire/ -- Back on top! Monster Energy congratulates team rider Nyjah Huston on taking first...
Oct 4 · 12:00·mlpr-prnewswire-wire
Finance · Energy
New York, New York--(Newsfile Corp. - October 3, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Tigo Energy, Inc. (NASDAQ: TYGO) between February 24, 2026 and August 4, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 23, 2026, in the securities class action...
Oct 4 · 02:23·mlpr-newsfile
Finance · Energy
(PR-inside.com) NEW YORK, NY / ACCESS Newswire / October 3, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Fluence Energy, Inc. (NASDAQ:FLNC) securities. If you suffered a loss on your Fluence Energy, Inc. investment and would like to explore a potential recovery under the federal securities laws, Learn about Fluence Energy, Inc. Class Action or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates. THE LAWSUIT: A class action securities lawsuit was filed against ..
Oct 3 · 22:20·PR-Inside