[SMM Tin News: Andrada Signs Exclusive Offtake Agreement with Thaisarco for Uis Tin Concentrates]

[SMM Tin Morning Update: 2610 rose 1.10% in early trading, reversing yesterday's decline. Warsh leans hawkish, September rate hike probability remains at 57%–60%.

At its August 20, 2026 weekly agenda meeting, the Minnesota Public Utilities Commission (MPUC) considered an addendum to the 80 MW Cottage Grove Battery Energy Storage System project proposed by LSP CG Storage, LLC, and the issuance of a draft site permit. The project represents a significant utility-scale storage development in the Upper Midwest, where grid operators are increasingly relying on batteries to manage renewable integration and peak demand. Minnesota's storage market has been gaining momentum as the state implements its renewable energy standard and explores storage-specific procurement mechanisms.

NextEnergy Capital, through its private fund NextEnergy UK I (NEUK I), completed the acquisition of a portfolio of three operational battery energy storage system projects totaling 107 MW, with advisory support from Natural Power, the companies announced on August 17, 2026. The portfolio acquisition marks a significant consolidation event in the UK operational storage market, where institutional investors are increasingly targeting cash-flowing assets with established track records. The UK remains Europe's most mature storage market, with developed revenue stacking strategies and a supportive regulatory framework. The transaction provides NextEnergy with immediate operational cash flows while offering the seller a capital recycling opportunity to fund new greenfield development.