Global battery energy storage system (BESS) integrator Fluence is setting up a new contract manufacturing facility in Utah to serve the US market.

Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.

E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.

Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.

Private equity firm ArcLight Capital Partners has agreed to acquire 185MW of operational wind farms and 80MWh of battery energy storage system (BESS) developments from GlidePath Power Solutions.

Conrad Energy has launched construction of a 6MW/12MWh battery energy storage system in Somerset, UK, after local opposition thwarted original plans for a new gas generator.

Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, will provide EPC services for a 50MW battery energy storage system (BESS) project in Northern Ireland.

Home energy storage system provider NeoVolta has raised US$3.9 million in a Nasdaq uplisting, lower than initially planned amidst ‘tough capital markets’ according the company’s CFO.

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.

Iowa’s energy regulator has approved two projects from NextEra Energy Resources including a 300MWh co-located battery energy storage system (BESS) while utility Alliant has turned on a 5MW unit in the state.