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stem inc connecticut commercial

Stem Inc grows revenues 246% in Q2

August 5, 2022
Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.
Lake Cressbrook, Queensland. Image: Flickr user Allan Henderson.

Bechtel to work on 4GWh pumped hydro plant with battery storage in Queensland

August 5, 2022
Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.
Wallerawang coal power plant, pictured in 2007, closed down in 2014, but New South Wales still has much more work to do to replace coal on its energy networks. Image: Wikimedia user Amitch.

Development approval given for 1,000MWh battery storage at Australian coal plant site

August 5, 2022
The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.
A 20MW/80MWh BESS in California which was brought online in 2015 and bought by Ormat in 2020. Image: AltaGas.

Geothermal energy player Ormat’s battery storage strategy paying off

August 4, 2022
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.
arclight

ArcLight buys 80MWh BESS developments in PJM market

August 4, 2022
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.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Australia projects drive trebling of energy storage revenues for Neoen

August 4, 2022
Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.
conrad energy bess gas plant

Construction starts on 6MW BESS after local opposition thwarted original gas plant plan

August 4, 2022
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

Nidec ASI providing EPC for 50MW Northern Ireland BESS project

August 4, 2022
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.
neovolta

NeoVolta’s Nasdaq listing raises less than planned amidst ‘tough’ capital markets

August 4, 2022
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.
eos energy

Eos got US$258 million orders for its zinc battery storage in Q2 2022

August 3, 2022
Eos Energy Enterprises now has an order backlog worth US$457.3 million following a busy quarter for the US zinc-based battery storage solutions provider.

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AES completes phase one construction of largest solar-plus-storage project in the US

Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives

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California Energy Commission public information meeting for Engie BESS project draws huge interest

Powin files for Chapter 11 bankruptcy protection and spins off project services business

Hithium starts manufacturing ‘world-first’ 1175Ah cell as industry ‘enters era of LDES’

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The dynamics of BESS and cell supplier relationships

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