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.
Developer Oracle Power and China Electric Power Equipment and Technology (CET) are looking to develop and build a 1.3GW project combining solar, wind and battery energy storage system (BESS) technology in Pakistan.
Europe appears to be slower and less bold than other markets like the US when it comes to financial support for upstream battery material projects like lithium refining, a company looking to invest half a billion euros in an EU project told Energy-Storage.news.
Iron flow battery company ESS Inc will provide Nigeria-based IPP Sapele Power 1MW/8MWh of its systems, it announced while also revealing its first quarter financials.
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).
Zambian developer GEI Power and Turkish energy technology firm YEO are aiming to have a 60MWp PV, 20MWh BESS project in Zambia online by September 2025.
A 100MW/200MWh BESS project in Northern Ireland has been acquired by the renewable energy development subsidiary of UK-headquartered power generator and developer SSE.
