Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.

Liam Stoker and Andy Colthorpe return for the February 2022 episode of the Solar Media Podcast.

Analyst Oliver Forsyth from IHS Markit explains exactly how things are changing in BESS system integration.

Eos Energy Enterprises’ leadership has claimed gross positive margins can be achieved in a year and a half. 

Stem Inc has offered full-year 2022 revenue guidance of between US$350 million and US$425 million. 

The award of contracts to 1GW of battery storage was the “biggest news” to emerge from the latest round of Capacity Market auctions held in the UK.

Although different energy storage technologies are often thought of as in competition with each other, it’s a case of all-hands-on-deck if we are to achieve deployment targets.

Although huge amounts of capital are being deployed into storage, some investors speaking at the Energy Storage Summit 2022 made it clear that the investment model is still set to evolve hugely. 

Eos Energy Enterprises has said that equipment and machinery will begin arriving next month as the zinc-based battery storage company expands its manufacturing facility near Pittsburgh.