Research firm Wood Mackenzie has released its latest global battery energy storage system BESS integrator report, for 2023, showing the market became more competitive with a smaller share by the top five.
Energy storage technology firms Eos and Energy Vault have both released their Q2 results, with contrasting figures but both still having a long way to go to scale up and reach profitability.
Battery energy storage system (BESS) integrator Fluence had a mixed third financial quarter, with a revenue fall and a narrowing down of its full-year guidance, but a record quarterly intake and increased profit margins.
A disused paper mill in Maine, US, will host a ‘multi-day’ battery storage system as part of a major project to reinforce and upgrade the electricity grid in New England.
Delays in product development, high commodity prices and investors pulling out were behind some of the most recent bankruptcies in the ESS battery technology space, which include Nilar, AMTE and Ambri.
Canadian Solar subsidiary e-STORAGE has been selected to supply the 100MW/200MWh battery energy storage system (BESS) for Fotowatio Renewable Ventures (FRV) Australia’s Terang project.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
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