Cellcube has signed a five-year agreement with an energy asset developer to deploy 1GW-plus of its vanadium redox flow batteries (VFRBs) in Southern Africa, but CEO Alexander Schoenfeldt tells Energy-Storage.news the company’s supply chain has a long way to go before getting to that kind of number.

Iron flow battery company ESS Inc continues to await recognition of revenues, but has “strong confidence” in its trajectory towards profitability.

Eos Energy Enterprises added 65MWh of production capacity in the first quarter of this year.

Italy-headquartered solar inverter manufacturer FIMER supplied 1MVA inverters to a solar-plus-storage project with a 18MWh battery energy storage system (BESS) in Gujarat, India.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Dynapower, a US manufacturer of energy storage and power conversion system equipment, will be acquired by Sensata, a maker of industrial sensors.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Tesla’s Megapack as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US.

e-Zinc, which claims its zinc metal-based battery technology could provide low-cost, long-duration energy storage has raised US$25 million. 

Insurance is a cornerstone of de-risking financing and investment into energy storage