Battery energy storage system (BESS) integrator Fluence had a mixed third financial quarter, with a revenue fall and a narrowing down of its full-year guidance, but a record quarterly intake and increased profit margins.
The UK government has published its ‘Battery Strategy’, setting out measures to facilitate the growth of a domestic battery industry to support the EV and energy storage system (ESS) sectors.
Global battery storage system integrator Fluence raised its full-year guidance again after a strong third quarter, while revealing battery cell orders with AESC and Northvolt.
The sale of Nissan’s power battery business, Automotive Energy Supply Corporation (AESC) to Envision Group has been completed, with the new owner aiming for 20GWh of annual production capacity of nickel manganese cobalt batteries in China.
