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Energy Vault posts US$146 million revenues in 2022, expects 2-3x that in 2023

March 8, 2023
Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.
The agreements were signed on 4 March, covering financing and offtake deals. Image: Ministry of Energy, Republic of Uzbekistan.

ACWA Power signs Uzbekistan investment agreements for solar PV, 1.2GW battery storage

March 8, 2023
ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan.
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Mercedes-Benz Energy CEO: second life ESS market going into consolidation phase

March 8, 2023
The second life energy storage market is about to enter a consolidation phase, CEO of Mercedes-Benz Energy tells Energy-Storage.news.
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Investors PASH and ERIH target solar and 40MWh of battery storage projects in Paraguay

March 7, 2023
Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.
There was a packed house across all three streams of content. Image: Gareth Davies / Solar Media

Five things we learned at the Energy Storage Summit 2023

March 7, 2023
The Energy Storage Summit 2023 was attended by more than a thousand delegates and featured a veritable who’s-who of the sector.
RAE Greece energy storage

Gigawatts of energy storage projects approved in Greece ahead of auction

March 7, 2023
Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.
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Sweden battery storage market to grow 2-4x in 2023

March 7, 2023
Some 100-200MW of grid-scale battery storage could come online in Sweden this year, local developer Ingrid Capacity told Energy-Storage.news.
hitachi energy battery storage faroe islands

Hitachi Energy Faroe Islands BESS project doubles wind farm’s utilisation

March 6, 2023
Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.
volvo penta second life energy storage solution

Volvo Penta launches battery storage sub-system solution

March 6, 2023
The power solutions arm of manufacturing firm Volvo Group has expanded into the battery energy storage system (BESS) market, launching a sub-system product initially in the US and Europe.
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Blackstone-owned Aypa Power acquires 268MW BESS projects in Indiana MISO territory

March 3, 2023
Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

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Dominion receives approval to develop 400MWh BESS in Virginia after fire safety concerns alleviated 

National Fire Protection Association releases NFPA 855 ESS safety standard, 2026 edition

How Canada is driving 8-12GW of storage deployments by 2035 – ESC report

Axpo, energieUri and Fluence building 58.6MW of Swiss BESS

Explosion test ‘demonstrates effectiveness’ of BESS safety control system, Wärtsilä says

Samsung SDI to start US BESS manufacturing from 2026

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