US DOE Loan Programs Office has invited Nostromo into due diligence and terms sheet negotiations for a loan worth up to US$176 million.

Energy storage system and services firm Stem Inc grew revenues to US$93 million in the second quarter of 2023, and reduced its EBITDA loss by 15% to US$8.5 milllion.

Developer Quartux and global inverter and energy storage technology firm Sungrow have completed a 25MWh project in Mexico, one of the largest in the country.

A battery energy storage system (BESS) project using sodium-ion technology has entered commercial operation in Qingdao, China.

Zinc battery firm Eos Energy Enterprises has responded to a short seller note which saw its share price nearly halve on Thursday last week.

Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.

Two projects in Queensland using different flow battery technologies have been given the financial backing of the state’s government.

The California Energy Commission (CEC) has approved the participation of aggregated home batteries in demand response programme.

Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.

New York governor Kathy Hochul has responded to concerns about energy storage fires with a new Inter-Agency Fire Safety Working Group.