French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.

UK-based renewable energy developer Anesco will use its acquisition of a German wind and solar developer to expand into the country’s utility-scale energy storage market, CEO Mark Futyan told Energy-storage.news.

The US Department of Energy (DOE) has formally launched a US$3.16 billion grant funding opportunity for its domestic battery supply chain, the latest in a series of moves to support the sector.

FreeWire Technologies, a battery-integrated EV charging solution provider, has raised US$125 million in new capital from global asset manager BlackRock and other investors.

Tesla made 846MWh of battery energy storage system deployments in the first quarter of this year.

A solar-plus-storage power plant, deployed at the site of an opencast lignite mine in Germany, is almost ready to go into action.

News in brief from around the world in energy storage.

Dynapower, a US manufacturer of energy storage and power conversion system equipment, will be acquired by Sensata, a maker of industrial sensors.

US commercial real estate firm Stream Realty Partners is partnering with independent power producer Catalyze to deploy over 450MW of solar and battery storage projects across its property portfolio.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.