Stem Inc. had a profitable Q1, as pivot away from battery storage hardware into energy storage and solar software and services continues. 

We hear from industry sources about the upcoming Real-Time Co-Optimization Plus Batteries (RTC+B) market changes in ERCOT, Texas, and why they represent a fundamental shift in how BESS will operate in one of the world’s largest and most lucrative energy storage markets.

Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.

Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.

The growing complexity of managing battery-based assets requires top-level innovation you can trust, explains Abdelkrim Benamar, CEO of PowerUp.

UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.

Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.

Grid limitations can impact the business case for battery storage assets for a number of reasons, writes Amira Belazougui of Clean Horizon.

Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.

Investor NTR has picked system integrator Fluence for a 55MW/110MWh BESS project in Finland, with grid forming capabilities.