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Fluence CEO Manuel Pérez Dubuc stepping down

August 9, 2022
Fluence, the global battery energy storage system integrator, is changing CEO with Julian Nebreda replacing incumbent Manuel Pérez Dubuc next month.

Energy Vault claims US$680 million revenue over 2022/23

August 8, 2022
Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.
Moss Landing Energy Storage Facility came back online this quarter while a 350MW expansion to the project is under construction. Image: Vistra Energy.

Vistra claims battery storage portfolio will reach 1,213MW by 2026

August 8, 2022
Vistra Energy will have more than 1,213MW of battery storage in operation in its portfolio by 2026, the US power generation company has claimed.
Largo

Largo and Ansaldo negotiating vanadium flow battery joint venture for EMEA market

August 8, 2022
Largo Clean Energy, part of vanadium primary producer Largo Resources, and Ansaldo Green Tech are exploring the potential of a joint venture for deploying vanadium flow batteries.
The facility will help Fluence better serve US projects, like this one delivered by its predecessor AES Energy Storage, an arm of the big electronics firm which was eventually spun out into a pure play system integrator. Image: Fluence / AES.

Fluence opening new contract manufacturing facility in Utah to serve US market

August 8, 2022
Global battery energy storage system (BESS) integrator Fluence is setting up a new contract manufacturing facility in Utah to serve the US market.
swell energy

CIT leads financing of Swell Energy’s California behind-the-meter storage rollout

August 5, 2022
Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.
western australia synergy nhoa battery storage

NHOA starts installing Western Australia’s biggest BESS

August 5, 2022
E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.
stem inc connecticut commercial

Stem Inc grows revenues 246% in Q2

August 5, 2022
Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.
Lake Cressbrook, Queensland. Image: Flickr user Allan Henderson.

Bechtel to work on 4GWh pumped hydro plant with battery storage in Queensland

August 5, 2022
Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.
A 20MW/80MWh BESS in California which was brought online in 2015 and bought by Ormat in 2020. Image: AltaGas.

Geothermal energy player Ormat’s battery storage strategy paying off

August 4, 2022
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.

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