LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.
European battery manufacturer and energy storage system integrator InoBat plans to get a Nasdaq listing through a business combination with a special purpose acquisition company (SPAC).
Malawi’s energy minister was on hand last week as the southeast African country inaugurated its first large-scale standalone battery energy storage system (BESS).
Two weeks after announcing its acquisition of Harmony Energy, Swiss power firm Alpiq has unveiled its first large-scale battery project in its home country.
Tesla’s energy storage deployments rebounded in the second quarter of this year, but factors, including a decline in ASPs, had a significant impact on the company’s energy division’s gross margins.