Fluence has offered revenue guidance for the 2022 fiscal year of between US$1.1 billion and US$1.3 billion as the company reported its Q4 and full-year 2021 results.
Vertically-integrated solar PV company Canadian Solar has raised US$150 million through a share offering, with proceeds set to help the manufacturer expand its energy storage arm.
The new edition of our quarterly journal PV Tech Power, volume 29, is now available to download, including our comprehensive cover story on solar’s critical next decade.
Development has begun in Japan of a marine battery storage vessel that would be charged at sea from offshore wind and then carry the power back to land.
A US$25 million virtual power plant (VPP) programme has been launched in Perth, Western Australia, while in the US, technology providers Enphase, Sunverge and LG have announced their involvement in VPPs in Arizona and California.
Subsea engineering and floating and offshore renewable energy company G8 will use advanced lithium-ion battery technology produced by 3DOM Singapore (3DOM SG) in all of its renewable energy projects in Asia.
Communities anywhere within the service area of California utility Pacific Gas & Electric (PG&E) will now be eligible to apply for support to install renewable-plus-storage microgrids.
Energy technology company Wärtsilä has announced battery energy storage system (BESS) projects in two new markets for the company, with orders from customers in Chile and Belgium.
Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.
