Stem Inc. had a profitable Q1, as pivot away from battery storage hardware into energy storage and solar software and services continues. 

We hear from industry sources about the upcoming Real-Time Co-Optimization Plus Batteries (RTC+B) market changes in ERCOT, Texas, and why they represent a fundamental shift in how BESS will operate in one of the world’s largest and most lucrative energy storage markets.

Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.

With Riverhead in Suffolk County, New York, dropping plans for a moratorium, Nala Renewables has advanced a standalone BESS proposal.

Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.

The growing complexity of managing battery-based assets requires top-level innovation you can trust, explains Abdelkrim Benamar, CEO of PowerUp.

Clean energy trade body ACP announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and buying American-made grid batteries.

UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.

Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.

Alper Peker and Dominic Multerer of Camopo explain how flexibility is the key to long-term profitability for hybrid renewables-plus-storage power plants.