Average revenues for the Gresham House Energy Storage Fund doubled from February to April this year, fund manager Gresham House said in its full year 2023 results.

G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.

Wärtsilä’s Q1 net sales in its energy storage and optimisation (ES&O) business division fell 75% year-on-year, with revenues to be recognised as projects move toward completion later in the year.  

US-headquartered battery storage system integrator Powin Energy has signed a 12GWh cell supply agreement with Chinese battery maker REPT Battero.

Developers Agilitas Energy and On.Energy have raised a total US$125 million in debt financing towards solar, energy storage and hybrid solar-plus-storage projects in the US.

Natron Energy has started commercial-scale operations at its sodium-ion battery manufacturing plant in Michigan, US, and elaborated on how its technology compares to lithium-ion in answers provided to Energy-Storage.news.

EPC and developer Eco Stor has broken ground on a 238MWh battery energy storage system (BESS) in Germany, one of several to have been claimed as the largest in the country.

UK-headquartered battery storage investor-developer Gore Street is using battery data analytics solutions to manage risk and get improved insurance terms on projects in its portfolio.

RayGen, a startup developing long-duration energy storage (LDES) technology designed for pairing with renewable energy installations, has raised investment to kick off a Series D funding round.

California now has more than 10GW of battery storage, with Governor Gavin Newsom hailing the state’s “energy storage revolution,” which is underway.