Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.

Enervenue has completed UL9540A tests for its nickel-hydrogen cells, units and systems and obtained UL1973 certification.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.

Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system in Bramford, a village in the east of England.

Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for projects using Form Energy’s iron-air battery, while a sodium ion battery firm has secured bridge financing.

A ‘first of its kind’ microgrid will be installed at a California substation, where it will use a combination of lithium-ion batteries and green hydrogen to provide 48 hours of back up.

Israel-based thermal energy storage firm Brenmiller Energy has inaugurated a factory targeting 4GWh of annual production capacity by the end of 2023, the first such gigafactory anywhere, it claimed.

Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.

Portland General Electric has procured 400MW of BESS resources split across two large-scale projects in the Oregon utility’s service area.