Another serving of news in brief from around the world in energy storage.

California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.

Spain-based renewable energy firm Acciona Energia has acquired a two-hour energy storage system in ERCOT, Texas, from Qcells.

Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.

Sungrow will provide a 638MWh liquid-cooled battery energy storage system (BESS) to Engie for a solar-plus-storage project in Chile.

Berkshire Hathaway-owned NV Energy has been revealed as the ‘large western utility’ that has ordered a 220MW/440MWh battery energy storage system (BESS) from Energy Vault.

Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.

The Q4 2022 edition of our downstream solar journal, PV Tech Power, includes comprehensive coverage of efforts to diversify the supply chain.

AI-driven energy storage firm Stem Inc will deliver 40MW of battery storage projects in ERCOT, Texas, for independent power producer REX, the first of US$400 million the new firm plans to procure.

South Africa’s main utility and grid operator Eskom has announced the start of construction of its first battery energy storage system (BESS) with Hyosung Heavy Industries.