The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business. June 27, 2025 Vincent Shaw Image: Getty Images, Unsplash Fox ESS has secured approval for its initial public offering (IPO) application from the SZSE. The solar and energy storage company plans to issue up to 90 million A-shares...

A former Florida educator is facing charges after police say she sexually assaulted a 14-year-old boy in 2023. The Orange County Sheriff’s Office took 32-year-old Sarah Jacas into custody on charges that include several counts of lewd or lascivious battery and molestation, as well as one count of statutory rape by an authority figure, according to an arrest warrant acquired by People Magazine. The victim, now 16, recently informed Orange County deputies that Jacas allegedly sexually abused him...

The Xiaomi Mix Flip 2 was announced yesterday and is already on sale in China. Digital Chat Station has posted some hands-on photos and thoughts on Xiaomi’s latest flip foldable. Xiaomi Mix Flip 2 The phone’s larger battery (5,165mAh, up from 4,780mAh on the original) promises longer battery life. The phone also supports wireless charging at 50W (more on that and accessories later). The Snapdragon 8 Elite has performance when needed but is also capable of running efficiently. Xiaomi Mix Flip...

Plus: the Supreme Court will allow South Carolina to block Planned Parenthood from receiving Medicaid funds This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. This battery recycling company is now cleaning up AI data centers In a sandy industrial lot outside Reno, Nevada, rows of battery packs that once propelled electric vehicles are now powering a small AI data center. Redwood Materials, one of...

Gore Street Capital’s Japanese fund buys its first battery energy storage system (BESS) project, while Ireland’s GridBeyond begins energy trading in Japan with front-of-the-meter asset. June 27, 2025 Matthew Lynas Image: Jaison Lin, Unsplash From ESS News UK BESS investor Gore Street Capital has acquired its first asset in Japan through what it claims is the country’s first dedicated energy storage fund. The acquisition was made under the Toyko Energy Storage Investment Limited Partnership...

The Australian Government’s new “Cheaper Home Batteries Program” is already proving to be exceptionally popular ahead of its official 1st of July launch. Reports are emerging of a massive surge in demand for home battery storage solutions, with installation times for popular models like the Tesla Powerwall 3 reportedly now stretching out as far as November. This unprecedented demand appears to be a direct result of the new federal initiative, which will offer a significant rebate of up to...

Redwood Materials is repurposing old EV batteries into energy storage systems that cost “substantially less” than brand new storage projects, the company said Thursday. The electric vehicle battery recycling and manufacturing venture, which was founded by Tesla’s former chief technologist, has created a new division called Redwood Energy to manage these projects. The aim is to divert “depreciated but functional” EV batteries from the recycling stream and repurpose them into “low-cost...