Eos Energy Enterprises has a total order backlog for its zinc battery-based energy storage of 389MWh, worth nearly US$100 million, but expects to only be able to recognise US$5 million in revenues for 2021.
US development and investment company LS Power has launched Rev Renewables LLC, a new company focused on the development, acquisition and operation of energy storage and renewable projects.
Powin Energy will purchase lithium iron phosphate (LFP) cells from Chinese company EVE Energy and at the same time is “actively in discussions” to try and source cells from US-based facilities for the future.
A 150MW / 600MWh battery storage system would be a central component of a proposed “state-of-the-art clean energy underground highway,” capable of transmitting renewable energy into New York City from Upstate New York, Energy-Storage.news has heard.
Smart energy storage provider Stem Inc has said that it is on course to meet revenue targets set for 2021, as the company made its first quarterly financial results announcement since going public.
The energy storage arm of solar inverter manufacturer Sungrow will supply 1,000MW of battery energy storage system (BESS) equipment to be deployed across six large-scale projects in Texas for customer Broad Reach Power.
Wärtsilä will deploy a 5.2MW / 5.2MWh energy storage system (ESS) to help support Taiwan’s grid, joining the frequency regulation market launched this year by state-owned utility Taiwan Power Company (Taipower).
The US’ bipartisan infrastructure bill’s passing by the Senate has been applauded by a range of energy storage industry stakeholders for helping unlock the country’s clean energy potential.
Indian renewable energy company ReNew Power has signed a power purchase agreement (PPA) for a 400MW renewables project that will supply Round-The-Clock (RTC) electricity supply, which the company claims is the first of its kind in India.
Canadian Solar’s project development subsidiary Recurrent Energy has signed a 15-year deal with California utility Pacific Gas & Electric (PG&E) for energy capacity from one of the world’s biggest battery energy storage system (BESS) projects.
