Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

Suncor’s plan to recover vanadium from coke-fired boilers will receive CA$7 million (US$5.2 million) government funding.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

Finland telecommunications firm Elisa has received €3.9 million from the government to form a VPP using batteries which could be the largest of its kind in Europe.

Two large-scale battery storage systems which will help power iron ore mining operations in Western Australia have been commissioned.

German commercial and industrial (C&I) energy storage system firm Tesvolt is investing €60 million in a new manufacturing hub at its headquarters in Lutherstadt Wittenberg.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

A flurry of activity observed in C&I energy storage, hinting that industry players spy potential in underperforming market segment.

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

Australia wants to leverage its position as a mining and minerals hub to capture opportunities in the battery industry.