News in brief from around the world in energy storage.

Fluence’s initial public offering (IPO) and NASDAQ Global Select Market listing could be a “landmark” event that opens doors for the energy storage and renewable energy industries, a clean energy finance expert has said. 

Energy storage technology provider Fluence is pursuing an IPO and has filed a Form S-1 with the US Securities and Exchange Commission (SEC). 

A boost for investment in battery energy storage in much of Australia is strongly expected to come from 1 October onwards, when new National Electricity Market (NEM) rules come into effect. 

Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.

Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.

Investors in large-scale battery projects are recognising the power of software, argues Steve Hanawalt of Power Factors.

Major Australian energy retailer AGL has contracted Finnish technology company Wärtsilä to supply a battery energy storage system (BESS) for a 250MW / 250MWh project at Torrens Island, South Australia.

In mid-July, the 100MW / 100MWh Minety battery energy storage system (BESS) was completed in Wiltshire, southern England. Something of a landmark project for the UK and Europe’s battery storage industries, here’s what’s happened so far, as reported by our sister sites Current± and Solar Power Portal.

The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalised and completed earlier this week.