Stem Inc. had a profitable Q1, as pivot away from battery storage hardware into energy storage and solar software and services continues. 

Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.

With Riverhead in Suffolk County, New York, dropping plans for a moratorium, Nala Renewables has advanced a standalone BESS proposal.

Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.

Clean energy trade body ACP announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and buying American-made grid batteries.

Cygni Energy, a manufacturer of electric vehicle battery packs and battery storage systems, has opened a ‘gigafactory’ in India.

UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.

System integrator Intilion will provide 81MWh of its BESS technology for a project in North-Rhine Westphalia, Germany.

Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.

Yarra Energy Foundation has secured funding to install three new community batteries in and around Melbourne, Victoria, Australia.