What is Lunar Energy's funding status as of early 2026?

Lunar Energy has raised a total of over $500 million, including a recent $130 million Series C and a $102 million Series D, totaling $232 million in new funding.

What are Lunar Energy's manufacturing goals for stationary batteries?

The company aims to scale manufacturing to 20,000 units by the end of 2026 and reach 100,000 units by the end of 2028.

How do stationary batteries like Lunar Energy's contribute to grid resiliency?

Stationary batteries boost grid resiliency by providing power when needed and managing demand, with virtual power plant software controlling various devices to balance supply and demand.

Home / Business and Economy / Stationary Batteries Power Surge: Lunar Energy Secures Huge Funding

Stationary Batteries Power Surge: Lunar Energy Secures Huge Funding

4 Feb

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Summary

Lunar Energy raised $232 million across two recent funding rounds.
Company plans to scale manufacturing to 100,000 units by 2028.
Stationary storage is vital for grid resiliency amidst rising demand.

Stationary Batteries Power Surge: Lunar Energy Secures Huge Funding

Stationary battery technology is experiencing a significant surge in investment, overshadowing electric vehicles in the U.S. Lunar Energy, a six-year-old company specializing in homeowner battery packs, recently completed two funding rounds, raising $130 million in Series C and $102 million in Series D. The company has amassed over $500 million in total funding.

These funds will be used to dramatically scale manufacturing, targeting 20,000 units by the end of 2026 and expanding to 100,000 units by the end of 2028. This growth is driven by the increasing strain on the power grid from electrification and burgeoning data center demand. Grid-connected batteries are becoming crucial for boosting the grid's resiliency.

Lunar Energy's battery modules, available in 15 kWh and 30 kWh, can supply power to the grid. Their virtual power plant (VPP) software also manages EV chargers and appliances, balancing supply and demand. VPPs are poised to replace costly, polluting peaking power plants in the near future.