ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Engineering, procurement and construction (EPC) firm Burns & McDonnell is providing EPC services for Texas Waves II, a 30MW battery energy storage system (BESS) by RWE.

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.

Norwegian renewable energy investor Magnora and the Alberta Investment Management Corporation have moved into the UK battery storage market.

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.

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

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.