The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.

San Diego-based solar battery storage company, NeoVolta has partnered with finance platform Mosaic to help homeowners finance domestic energy storage installations.

Oil and gas major Chevron has performed a U-turn and invested in ACES Delta in Utah, US, one of the largest green hydrogen projects in the world, citing a “change of circumstances” when asked by Energy-Storage.news.

Developer Varco Energy has enlisted Fluence and GE Vernova to supply battery energy storage systems (BESS) for two separate UK projects.

Flow battery companies at the RE+ 2023 show in Las Vegas offered takes on how their technologies can compete in the evolving energy storage market.

System integrator Wärtsilä has signed an MSA with Eve Energy while peer Powin is targeting 5GWh of US-made BESS equipment in its supply chain by 2025.

The energy storage market in Italy doubled in capacity in the first half of the year, though Q2 saw the first slowdown in nine quarters and that could be repeated in H2, according to the country’s renewable energy trade body.

Verkor, a company building a lithium-ion gigafactory in France, and system integrator Nidec ASI will together produce up to 10GWh of battery energy storage systems (BESS) to 2030.

When it comes to realising the benefits of Inflation Reduction Act (IRA) incentives, the US energy storage industry has barely scratched the surface of what’s possible, according to FlexGen’s Yann Brandt.

Advanced lithium iron phosphate (LFP) cell design and localising production are among chief strategies for differentiation in the US for LG Energy Solution, according to the company’s ESS division head.