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Flatiron Energy has secured approximately $850 million in financing commitments for its 1,200 MWh Energizar battery energy storage project in Chelsea, Massachusetts, advancing one of the largest planned urban battery storage facilities in the United States to strengthen Boston's electricity grid reliability and support peak power demand by 2027. Representative image.

Flatiron Energy closes $850m financing for 1.2 GWh Boston battery storage project

Representative image of Asia’s fuel crisis deepening as the Philippines declares an energy emergency after Strait of Hormuz shipping disruptions raised fears over regional oil supply and fuel availability.

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Asia’s fuel crisis deepens: Philippines declares emergency as Strait of Hormuz shipping collapses

Philippines declares national energy emergency via Executive Order 110 as Iran conflict closes Strait of Hormuz, threatening Asia's oil supply and fuel stability.

March 26, 2026

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