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.

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.

Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.

Borrego has completed the spin off and sale of its development business to energy transition investor ECP for an undisclosed amount.

ENGIE has pulled out of a large-scale solar-plus-storage project contract in the Western Pacific US island territory of Guam.

As Virginia’s push towards one of the country’s most ambitious energy storage targets gets underway, pilot battery storage projects have been brought online.

South Africa’s primary electricity supplier Eskom has announced details of forthcoming major battery storage deployments.

Mobile battery storage rental company Greener Power Solutions plans to diversify its supply base away Alfen and has already bought a unit from Northvolt.