SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.

Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.

Construction has begun on two large-scale solar projects paired with battery storage in Hawaii from AES Corporation.

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Republic of Maldives has reopened a tender process, seeking to procure 40MWh of battery energy storage systems.

US battery energy storage system integrator FlexGen has launched a new product for distributed and behind-the-meter applications.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.

Onslow, Western Australia, is powered almost entirely by renewables, and the utility behind the project wants to roll out the technology.

Fluence, the global battery energy storage system integrator, is changing CEO with Julian Nebreda replacing incumbent Manuel Pérez Dubuc next month.

Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.