Vanadium redox flow battery (VRFB) developer Enerox, better known by its CellCube brand, has set up a subsidiary in Colorado, US, to bring its product to the North American market.
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.
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.