US renewable energy company Ormat Technologies has signed a 15-year contract for an 80MW/320MWh BESS project in California.

The Inflation Reduction Act (IRA) put battery storage into the mainstream of the US energy industry, but also created supply chain complexities, writes Rauni Jaskari of Wärtsilä Energy Storage and Optimisation (Wärtsilä ES&O).

The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.

Redflow will supply a 20MWh zinc-bromine flow battery energy storage system to a large-scale solar microgrid project in California.

TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.

FlexGen Power Systems has launched an electric vehicle charging solution combining its energy management system (EMS) platform and battery energy storage. 

London Stock Exchange-listed solar PV investor NextEnergy Solar Fund (NESF) has signed a £100 million (US$136.8 million) Joint Venture Partnership (JVP) with battery storage specialist Eelpower.

Foresight Solar Fund, a UK-based investment company with over a gigawatt of solar PV assets in its portfolio, has made its first move into the battery storage space.