Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.

Microsoft, Meta, Fluence and other energy storage players have founded a consortium to assess the technology’s emissions reductions.

The US market is on course to reach 13.5GWh of energy storage installations during 2022, according to Wood Mackenzie Power & Renewables.

Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

Qcells has followed up the start of construction on its first-ever standalone BESS project with the announcement of three more projects.

New Fluence CEO Julian Nebreda is likely to oversee a period with less rapid top-line growth but a greater emphasis on making that growth profitable, an equity analyst told Energy-Storage.news.

Battery storage in homes and at businesses contributed to helping the CAISO grid in California afloat during recent difficulties.

Sherif Abdelrazek from energy storage software company Storlytics on one of the major challenges still faced in the BESS space.

Gravity-based energy storage company Energy Vault is to immediately begin deploying a previously-announced 275MWh battery storage system project in California for Wellhead Electric and W Power.