Spain-based energy conversion equipment specialist Ingeteam has commissioned a 10MW/20MWh battery energy storage system at an existing wind farm in Australia.

Smart charging and vehicle-to-grid (V2G) specialist The Mobility House has raised a US$50 million internal Series C.

Westbridge Renewable Energy has received approval for one of its four large-scale solar-plus-storage projects in Alberta, Canada.

Invinity Energy Systems and Eos Energy Enterprises are providing long duration energy storage systems to the ‘biggest renewables microgrid project in the US’, being developed for the Viejas Tribe of Kumeyaay Indians in Southern California.

Nissan, Renault and Mercedes-Benz are at the forefront of providing EV batteries for companies developing second life battery energy storage systems (BESS), but the market for such batteries is still thinly-traded. 

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.

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

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.