Investor Fotowatio Renewable Ventures (FRV) has acquired a 600MW portfolio of battery energy storage system (BESS) projects in development in Greece.

Utility and power generation company Enel Group and Brenmiller Energy have inaugurated a thermal energy storage system in Italy using the latter’s proprietary bGen technology.

Development approvals have been granted for New Zealand’s biggest planned battery energy storage system (BESS) to date.

Neoen has reported a 46% increase in revenues for the first nine months of 2022 versus the same period last year.

Stem Inc has posted record quarterly revenues and claimed it could begin recording positive EBITDA figures in the second half of next year.

Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.

A roundup of US energy storage news from Powin Energy, Tesla and Homer Electric, and Rome-based Energy Dome.

US solar, wind installs lowest in three years, with only battery storage deployments growing among the three main clean energy technologies.

Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.

Industry should make “concrete proposals” for electricity market reforms, or risk policy and regulation continuing to fall short in valuing the role of energy storage.