The battery storage industry can learn lessons on how to approach fire safety from more established sectors as it works to develop standards.

There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.  

Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.

Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.

Agilitas Energy, a developer of distributed solar PV and energy storage with a focus on the north-east US, is our latest contributor.

Enel X will pilot battery storage systems at two shopping centres in Australia with commercial real estate group Vicinity Centres.

Another serving of news in brief from around the world in energy storage.

Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.