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.

Utility Xcel Energy has launched a ‘no money down’ resiliency offering for commercial and industrial (C&I) customers in Minnesota.

Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.

Deutsche Telekom has announced the first battery energy storage system installation in a 300MWh rollout in Germany, with Norwegian firm Pixii the technology provider.

German commercial and industrial (C&I) energy storage system firm Tesvolt is investing €60 million in a new manufacturing hub at its headquarters in Lutherstadt Wittenberg.

A flurry of activity observed in C&I energy storage, hinting that industry players spy potential in underperforming market segment.

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.

Could we start seeing ‘third life’ or even ‘fourth life’ energy storage, with EV batteries deployed in multiple different systems in their lifetime?

System integrator Quartux will soon deploy the largest battery system in the Mexican energy storage market, the company’s managing director told Energy-Storage.news, discussing opportunities and challenges in the country.

American Development Partners (ADP) will deploy the home energy storage solution of NeoVolta at 750 pain management clinics across the US.