US system integrator Stem Inc has seen its share price fall by over 40% after its financial results for the second quarter of the year, which saw falling sales, bookings and a huge net loss.
Delays in product development, high commodity prices and investors pulling out were behind some of the most recent bankruptcies in the ESS battery technology space, which include Nilar, AMTE and Ambri.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
The US Department of the Interior’s Bureau of Land Management (BLM) has progressed nine hybrid solar and storage facilities located across the states of Nevada and Arizona.
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A double-header of news from Central America and the Caribbean, with Belize seeking consultants for a 40MW BESS and Wärtsilä commissioning a hybrid project in the US Virgin Islands.
Eolian, BrightNight and esVolta, three US-headquartered developers and independent power producers (IPPs) with energy storage projects in their portfolios and pipelines, have each announced major financing.
Recurrent Energy is seeking a loan from financial institution North American Development Bank (NADBank) to fund the construction of a 100MW/200MWh standalone battery storage facility located in Maverick County, Texas.
