The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 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.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.

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, 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.

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

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.

Iowa’s energy regulator has approved two projects from NextEra Energy Resources including a 300MWh co-located battery energy storage system (BESS) while utility Alliant has turned on a 5MW unit in the state.