Fluence saw a 14% fall in revenue in the third quarter of its financial year, driven largely by ongoing logistics issues the company said are now easing.
Duke Energy and Agilitas Energy have completed utility-scale battery energy storage system (BESS) deployments in the US states of Florida and Rhode Island, respectively, totalling 14MW of power.
The Inflation Reduction Act should accelerate current efforts to move battery cell production nearer to the US, the senior director of manufacturing for Fluence told Energy-Storage.news.
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.
