Business

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November 5, 2024
CATL is the world’s largest lithium-ion manufacturer, and a major player in BESS too, and made headlines earlier this year when it claimed five years of ‘zero degradation’ for its new grid-scale product Tener.
November 5, 2024
ACWA Power has agreed to deploy wind energy and battery capacity to help power what is claimed will be the Middle East and Africa region’s ‘first battery gigafactory.’
November 4, 2024
US battery energy storage system (BESS) project developer-operator Jupiter Power has secured a US$225 million corporate credit facility.
November 4, 2024
A double header of news from Sweden, with BESS developer-operator Ingrid Capacity launching what it claimed is the largest project in the Nordics, and optimiser Flower completing a Series A.
November 4, 2024
IPP and energy trader Monsson has kicked off the environmental permit process for a 2GWh BESS project in Romania, which an executive said will use its own patented energy storage solution.
November 1, 2024
A double-header of large-scale solar and storage project news from Arizona, US, with PPAs between Recurrent Energy and utility APS, and developer Avantus selling a co-located project to D. E. Shaw.
October 31, 2024
India’s Reliance Industries has completed the takeover of sodium-ion battery company Faradion, while Amazon is set to trial a novel flow battery technology.
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October 31, 2024
Campbell, California-based utility-scale solar and storage developer RAI Energy has commenced permitting for a hybrid solar and storage facility located in Morgan County, Colorado, US.
October 31, 2024
System integrator Stem Inc has seen huge falls in quarterly revenue and bookings as it shifts its business model away from BESS hardware solutions towards higher-margin software and service offerings.
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October 31, 2024
UK BESS fund Harmony Energy Income Trust (HEIT) has progressed the sale of its portfolio to the second round, a process which a source told us raises questions around listed funds’ role in the BESS industry.

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