California utility Pacific Gas and Electric (PG&E) has announced its intent to return the Elkhorn battery energy storage system (BESS) to service by 1 June.
US grid-scale energy storage solutions provider Energy Vault claimed its diversification into new geographies and business models “shielded” its backlog from tariff risk.
Uncertainty over trade tariffs has caused Fluence to lower its revenue and EBITDA guidance, although CEO Julian Nebreda said the company is “optimistic about the future of energy storage.”