LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.

Early engineering work has begun on a hybrid power plant project at a uranium mine in the Republic of Niger.

Tesla deployed more than a gigawatt-hour of battery storage in Q2 2022, but the company has been impacted by component supply issues.

In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.

Vanadium redox flow battery company CellCube and power electronics company G&W Electric have launched a microgrid solution for the US market, starting with a project at the latter’s HQ in Illinois, US.

The sale of Dynapower by private equity firm Pfingsten to industrial sensor manufacturer Sensata Technologies has been completed.

Mobile battery storage rental company Greener Power Solutions has raised €45 million (US$45 million) from DIF Capital Partners.

South African energy company Kibo Energy will procure two vanadium redox flow battery system pilot projects from CellCube, the first step in a larger rollout.

News in brief from around the world in energy storage.