A flurry of activity observed in C&I energy storage, hinting that industry players spy potential in underperforming market segment.

Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.

The US’ installed base of large-scale battery storage systems is expected to double in megawatt terms during 2023.

Hecate Grid, an independent power producer (IPP) developing utility-scale battery storage assets, has raised US$98.9 million through lenders.

US Senator Joe Manchin and fellow bipartisan colleagues have urged the Biden Administration to invest more in non-lithium energy storage technologies, while DOE Loan Programs Office head Jigar Shah expects companies developing the latter to broadly secure 1GWh orders this year.

Wind and solar PV paired with energy storage cost-competitive against gas in Ontario and Alberta, according to study from Clean Energy Canada.

B2U Storage Solutions has further expanded its in-house second life energy storage project in California to 25MWh, an alternative approach to peers which president Freeman Hall explained to Energy-Storage.news.

Duke Energy has installed its first solar-and-battery microgrid capable of powering an entire town in North Carolina, while a mixed technology microgrid will add resilience to a new hub at JFK Airport.

Utility-scale solar PV developer Westbridge Renewable Energy has kicked off development of its fifth solar-plus-storage project in Alberta, Canada.

Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI).