Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.

Microsoft, Meta, Fluence and other energy storage players have founded a consortium to assess the technology’s emissions reductions.

The US market is on course to reach 13.5GWh of energy storage installations during 2022, according to Wood Mackenzie Power & Renewables.

Neoen has proposed building a gigawatt-scale BESS in a region of Australia with close and continuing ties to the coal industry.

Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

Qcells has followed up the start of construction on its first-ever standalone BESS project with the announcement of three more projects.

Global energy company RWE will bring a 72MW battery energy storage system (BESS) online in November in Werne, Germany, the first of two connected systems totalling 112MW, a spokesperson told Energy-Storage.news.

New Fluence CEO Julian Nebreda is likely to oversee a period with less rapid top-line growth but a greater emphasis on making that growth profitable, an equity analyst told Energy-Storage.news.

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects.