Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.

Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

Qcells has followed up the start of construction on its first-ever standalone BESS project with the announcement of three more projects.

Global energy company RWE will bring a 72MW battery energy storage system (BESS) online in November in Werne, Germany, the first of two connected systems totalling 112MW, a spokesperson told Energy-Storage.news.

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.