Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.

Enervenue has completed UL9540A tests for its nickel-hydrogen cells, units and systems and obtained UL1973 certification.

The launch of a new Energy Storage Coalition has been welcomed by European Commission energy commissioner Kadri Simson.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.

Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system in Bramford, a village in the east of England.

Australia will launch its first tenders for large-scale energy storage resources during this year, minister says.

A ‘first of its kind’ microgrid will be installed at a California substation, where it will use a combination of lithium-ion batteries and green hydrogen to provide 48 hours of back up.

NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

In an effort to drive the country to deploying more energy storage, the Israeli Ministry of Energy and Infrastructure has announced four large-scale battery storage projects.