Energy storage technology firms Eos and Energy Vault have both released their Q2 results, with contrasting figures but both still having a long way to go to scale up and reach profitability.
Battery energy storage system (BESS) integrator Fluence had a mixed third financial quarter, with a revenue fall and a narrowing down of its full-year guidance, but a record quarterly intake and increased profit margins.
BW ESS and its partner Penso Power have signed the first long-term tolling agreement for a single battery energy storage system (BESS) asset in Great Britain with Shell Energy Europe.
A disused paper mill in Maine, US, will host a ‘multi-day’ battery storage system as part of a major project to reinforce and upgrade the electricity grid in New England.
US system integrator Stem Inc has seen its share price fall by over 40% after its financial results for the second quarter of the year, which saw falling sales, bookings and a huge net loss.
Canadian Solar subsidiary e-STORAGE has been selected to supply the 100MW/200MWh battery energy storage system (BESS) for Fotowatio Renewable Ventures (FRV) Australia’s Terang project.
Australian network company Ausgrid has launched a new energy storage-as-a-service (ESaaS) offering alongside Origin Energy and EnergyAustralia whilst launching its ninth community battery energy storage system (BESS) in Bondi, the eastern suburb of Sydney, New South Wales.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
