The first quarter of 2024 saw declines in US utility-scale energy storage deployments and revenues for US-based or focused system integrators, but the long-term pipeline and outlook remains healthy.
The US Department of Energy (DOE) has issued Requests for Information (RFIs) on safety training for energy storage systems, and how to tackle manufacturing design challenges.
Ontario’s Independent Electricity System Operator (IESO) has made Canada’s biggest energy storage procurement to date, selecting nearly 1.8GW of projects through a Request for Proposals (RFP).
A cost recovery application for 90MW of battery storage, filed by Barbados Light & Power Company (BLPC), has been only partially approved by the eastern Caribbean island nation’s regulator.
Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.
Global battery energy storage system (BESS) integrator Fluence saw an 11% revenue drop in revenues in the three months ending 31 March, 2024, while it is also launching a higher energy density product and US module production this year.
Powin has debuted a modular battery storage container platform that enables the system integrator’s utility-scale projects to add 50% more capacity for the same footprint.
Battery energy storage system (BESS) integrator and manufacturer Powin Energy will get “priority access” to cells from Rept Battero’s new factory in Indonesia.
Storage developer and operator Lightshift Energy will deploy numerous distributed BESS projects totalling 50MW for various utilities via the Massachusetts Municipal Wholesale Electric Company (MMWEC).
