Octopus Energy and CATL have created Swaptopus, a joint venture that will deploy battery-swapping stations for electric trucks across the UK and Europe by adapting technology already proven at scale in China.
The initiative introduces to the continent a system that has already achieved widespread adoption in China.
This method sidesteps the extended downtime that normally comes with recharging massive truck batteries.
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Base Power has raised $1 billion to commercialize its new 39.2-kWh Core home battery that provides up to 36 hours of backup and installs in under an hour. The funding will speed deployment of a system three times larger than typical home batteries that also participates in virtual power plants.
DCC Energy has agreed to a £5.75 billion sale to KKR and Energy Capital Partners, offering shareholders £65.25 per share plus additional payments. The deal highlights surging foreign private equity interest in undervalued UK-listed firms, pushing 2026 M&A to a record $197 billion year-to-date.
Brookfield Asset Management will acquire Aypa Power from Blackstone-managed funds at an enterprise value of approximately US$7 billion, gaining a 6.5GW portfolio plus a development pipeline exceeding 20GW that is 95% contracted under 17-year average terms.
