Australian network company Ausgrid has launched a new energy storage-as-a-service (ESaaS) offering alongside Origin Energy and EnergyAustralia whilst launching its ninth community battery energy storage system (BESS) in Bondi, the eastern suburb of Sydney, New South Wales.

Energy storage can improve power quality and reduce electricity costs for industrial entities in Mexico.

Stem Inc has reported a year-on-year revenue increase of 334% and its first-ever quarter with positive gross margin (GAAP).

This week’s roundup of news in brief from around the world in energy storage focuses on recent products and services launches.

Commercial energy storage ‘pioneer’ Stem Inc and NEC have announced a master supply agreement and wide-ranging partnership that will see the latter’s equipment and solutions used in solar-plus-storage projects in Stem’s pipeline.