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Andy Colthorpe

Potomac Edison EV chargers at the project site. Image: Potomac Edison.

ROUNDUP: KEPCO flow batteries, Key Capture Energy launches bidding tool, Maryland BESS pilots

December 14, 2022
Another serving of news in brief from around the world in energy storage.
European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn.

Fluence expects EBITDA breakeven in 2024, angles for IRA incentives with product strategy

December 14, 2022
Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.
GE Hydro Solutions turbines at the Jinzhai project. Image: GE Renewable Energy.

GE Renewable Energy installs first turbines at 1.2GW China pumped hydro plant

December 14, 2022
The hydropower subsidiary of General Electric’s renewables business has installed first pair of 300MW turbines at pumped hydro site in China.
Domestic and international battery manufacturers have been supported by the European Commission's European Battery Alliance to date, but the latest announcements aim to provide a framework to boost industrial competitiveness and accelerate the EU's energy transition. Pictured is a lithium battery cell produced in Sweden by Northvolt, a European startup supported by the Alliance. Image: Northvolt.

European Union in provisional agreement on recycling, carbon footprint regulations for batteries

December 13, 2022
Rules on battery sustainability, performance and labelling will become more stringent within the European Union (EU).
grid booster

Fluence earns US$1.2 billion revenues in 2022 and positive gross profit in fourth quarter

December 13, 2022
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.
The cover story of PV Tech Power 33 charts industry efforts to bring more manufacturing closer to end markets. Image: Luca D’Urbino.

PV Tech Power 33 out now: solar supply chains, Europe’s need for energy storage and more

December 13, 2022
The Q4 2022 edition of our downstream solar journal, PV Tech Power, includes comprehensive coverage of efforts to diversify the supply chain.
HMS ACCURE webinar landing 2022

VIDEO: Predicting battery lifecycles with AI and machine learning

December 12, 2022
Energy-Storage.news proudly presents our webinar with HMS Networks on the role of analytics in optimising asset performance.
Rendering of heliostats (mirrors) as used in a Vast Solar CSP plant. Image: Vast Solar.

Sodium-ion battery maker Natron in talks for Australia hybrid CSP and PV plant

December 12, 2022
Natron Energy could supply sodium-ion battery storage to a novel ‘integrated hybrid generator’ project in Queensland, Australia.
Ceremony to start construction of a pumped hydro plant by Jagan Mohan Reddy, chief minister of Andhra Pradesh, India. The project is one of a number by Greenko, a prolific participant in tenders. Image: CMO Andhra Pradesh via Twitter.

Greenko wins NTPC energy storage tender in India with pumped hydro proposal

December 12, 2022
Greenko has won a technology agnostic tender hosted by NTPC Renewable Energy in India to provide long-duration energy storage.
Rendering of a 4.3MWh Microvast ME-43000-UL ESS Container unit. Image: Microvast.

Microvast wins 1.2GWh BESS contract, weeks after EV battery maker’s energy division launch

December 8, 2022
Microvast, a Texas-headquartered company manufacturing battery cells and storage systems, has won 1.2GWh battery storage deal.

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Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives

DESRI, Origis, rPlus finance, launch construction on 2.8GWh of US solar and storage projects

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California Energy Commission public information meeting for Engie BESS project draws huge interest

The truth about large-scale battery storage O&M

Lazard says US energy storage cost reduction in 2025 offsets prior pandemic-driven increases

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The dynamics of BESS and cell supplier relationships

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