Stem Inc. reported a 69% year-on-year fall in annual revenues as the US energy storage pioneer pivots towards software and services.

There is “huge potential” for commercial and industrial (C&I) battery systems in Germany’s wholesale trading markets, according to Tesvolt.

Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) are proposing to build two 645MW natural gas stations and a 400MW battery energy storage system (BESS).

US residential solar installer Sunrun ended 2024 with an energy storage attachment rate of 62% in the fourth quarter of the year.

Chinese EV and BESS firm BYD will supply the energy storage technology for two of IPP Greenvolt Power’s BESS projects in Poland.

Illinois State Senator Bill Cunningham and Representative Marcus Evans have introduced a bill aimed at reducing energy bills in the state and setting a 15GW energy storage deployment target.

BESS technology has won the bulk of new resource contracts in the capacity market (CM) auction for delivery in 2027 in Italy.

Developer SMT Energy has secured a US$135 million funding for its 160MW/320MWh battery energy storage system (BESS) located in Houston, Texas.

Optimiser GridBeyond has been selected to provide scheduling coordinator, trading and energy optimisation services to UK-headquartered BESS investor Gore Street Energy Storage Fund’s (GSF) 200MW Big Rock US project.

Adani Green Energy has been awarded a 1,250MW pumped hydro energy storage (PHES) project in Uttar Pradesh, India.