Stem Inc has revealed its financial results for 2020 ahead of listing on the New York Stock Exchange, admitting that despite expecting a fourfold increase in revenues this year, the company is unlikely to achieve profitability until at least the end of next year.
Large-scale Vanadium redox flow battery (VRFB) technology looks set to be deployed at a 100MW solar energy power plant in China, two years after a smaller-scale demonstration project was commissioned in the region.
The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we take a look at US Energy Secretary Jennifer Granholm’s in-tray and explain why solar module prices could be set for a short-term price increase.
Two standalone battery energy storage systems (BESS) totalling 200MW of output will be deployed in Texas’ ERCOT market by the energy division at Wärtsilä Corporation.
Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said.
South Australia’s government has welcomed the granting of planning approval for the first phase of a AU$3 billion large-scale hybrid renewable energy project in the state’s Goyder region.
LG Energy Solution, formerly known as LG Chem, has announced plans to invest in significantly increased production capacity within the US for batteries to be used in electric vehicles (EVs) and energy storage systems (ESS).
A new market mechanism for longer-duration storage should be created according to the UK’s Association for Renewable Energy and Clean Technology (REA).
A US$75 million national research and development (R&D) facility for energy storage is expected to be up and running by 2025, the US Department of Energy said yesterday.
Gore Street Energy Storage Fund, a publicly listed energy storage investment funds in the UK, is entering its portfolio into the Dynamic Containment grid services market while it has 100MW of projects in Northern Ireland nearing completion.
