Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.

It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.

Revolve Renewable Power received approval to build 250MW project on land managed by the US Bureau of Land Management in Arizona.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

The first battery energy storage system (BESS) in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated.

SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.

Construction has begun on two large-scale solar projects paired with battery storage in Hawaii from AES Corporation.

US battery energy storage system integrator FlexGen has launched a new product for distributed and behind-the-meter applications.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.

Fluence, the global battery energy storage system integrator, is changing CEO with Julian Nebreda replacing incumbent Manuel Pérez Dubuc next month.