New Fluence CEO Julian Nebreda is likely to oversee a period with less rapid top-line growth but a greater emphasis on making that growth profitable, an equity analyst told Energy-Storage.news.

London Stock Exchange-listed NESF has launched a joint venture partnership with developer Eelpower worth £200 million (US$233 million).

This edition of news in brief comes from another busy week for our colleagues covering the UK energy transition.

Gravity-based energy storage company Energy Vault is to immediately begin deploying a previously-announced 275MWh battery storage system project in California for Wellhead Electric and W Power.

Three Tesla Megapacks have arrived for installation at a power plant in Hungary, the first energy storage project in the country to use the EV giant’s grid-scale product.

Aquila Capital will acquire a pipeline of large-scale battery storage projects in development in Australia, from Spain’s Gransolar Group.

Pattern Energy has achieved financial close on an offshore wind project in northern Japan to include a 100MW battery energy storage system.

Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.

The US Midcontinent Independent System Operator (MISO) has included energy storage into its market portfolio for the first time.

A 200MWh battery energy storage system (BESS) from developer Available Power at a net-zero technology campus in Texas, US, is expected to be online in mid-2024.