Microinverter supplier Enphase Energy posted strong Q4 2021 results last week that saw strong revenue growth, following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries compared with Q3 2021, despite supply chain constraints.
Renewables developer Solariant Capital and energy investor Daiwa Energy & Infrastructure (DEI) are collaborating to develop a portfolio of US solar and energy storage projects.
The US Department of Energy (DOE) has provided dates and a partial breakdown of grants totalling US$2.9 billion to boost the production of batteries for the electric vehicle (EV) and energy storage markets, as promised by President Biden’s Bipartisan Infrastructure Deal.
Swell Energy, a US company specialising in virtual power plant (VPP) projects aggregating residential solar PV and battery storage, has launched a distributed energy resources management system (DERMS) software platform.
Energy Vault has got its New York Stock Exchange (NYSE) listing after the gravity-based energy storage company’s merger with special purpose acquisition company (SPAC) Novus Capital Corporation II completed.
Progress has been made on 1.8GWh of battery energy storage projects in the service areas of California investor-owned utilities (IOUs) San Diego Gas & Electric (SDG&E) and Pacific Gas & Electric (PG&E).
Fluence has reaffirmed its guidance of US$1.1 billion to US$1.3 billion revenues for the 2022 financial year, with the company’s CEO claiming expectations were exceeded in the first quarter “despite short-term headwinds”.
European lithium battery industry trade body RECHARGE has warned that some parts of the EU’s Draft Report on Batteries and Waste Batteries may stifle the industry and not deliver on objectives, ahead of today’s vote.
