French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.

Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Leclanché will provide an 11.9MWh BESS for deployment at a utility-scale solar PV power plant near Kaiserslauten, Germany.

Tesla’s Megapack as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US.

Solar PV inverter manufacturer Sungrow has signed a 253MWh battery energy storage system (BESS) contract with Doral Renewable Energy Resources Group, its third in Israel this year.

Vanadium flow battery supplier Invinity Energy Systems has signed a memorandum of understanding with the power and industrial systems arm of Korean conglomerate Hyosung Corporation to commercialise its batteries in South Korea and elsewhere.

Group co-owned by State Grid Corporation of China and Singapore Power has halted investment into a hybrid project in South Australia. 

Technologies from US V2G solutions company Nuvve and NGK’s sodium sulfur batteries will provide ancillary services and other grid stability applications in Japan. 

EV batteries made by Mercedes-Benz will be given a new lease of life in stationary energy storage systems (ESS).