Another serving of news in brief from around the world in energy storage.

At look at the fortunes, prospects and claims made by three energy storage technology firms that joined the SPAC-driven public listing wave.

Banpu NEXT is targeting the Asia-Pacific region’s battery-based clean energy opportunities with battery manufacturer Durapower.

Inflation Reduction Act has created buzz but not yet business deals for flow battery maker ESS Inc, according to CEO Eric Dresselhuys.

Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.

Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.

Enervenue has completed UL9540A tests for its nickel-hydrogen cells, units and systems and obtained UL1973 certification.

The launch of a new Energy Storage Coalition has been welcomed by European Commission energy commissioner Kadri Simson.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.