Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.
Slovenia state-owned utility Dravske elektrarne Maribor (DEM) is planning two battery storage units totalling 60MW as well as a pumped hydro energy storage (PHES) plant.
Duke Energy has installed its first solar-and-battery microgrid capable of powering an entire town in North Carolina, while a mixed technology microgrid will add resilience to a new hub at JFK Airport.
The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.
TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.
Battery storage has a big role to play in helping reduce renewable energy curtailment in California but the amount of shedded load will still grow in 2023, an analyst told Energy-Storage.news.
