There is an opportunity for locally designed and manufactured BESS solutions in Europe, with the possibility of future EU controls of Chinese imports, former head of BESS products at Northvolt said.
Manufacturing delays have led Fluence to adjust its fiscal year 2026 guidance, even as the company has logged record quarterly orders and a US$6.4 billion backlog.
Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.
Flow battery company Invinity Energy Systems has sold 43MWh of battery systems to utility Dairyland Power Cooperative for deployment across long duration energy storage (LDES) projects in the US Midwest.