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financial results

Tesla battery storage at a site in Australia. The company said customer appetite for battery storage remains strong. Image: Elgar Middleton.

Tesla’s energy storage business remains ‘component-constrained’

July 21, 2022
Tesla deployed more than a gigawatt-hour of battery storage in Q2 2022, but the company has been impacted by component supply issues.
wartsila marine energy storage

Energy storage orders recover in Q2 for Wärtsilä as sector hit by ‘investment uncertainty’

July 21, 2022
After falling by more than two-thirds in quarter one 2022, energy storage order intake increased 19% in quarter two for marine and energy solutions company Wärtsilä.
Taiwan Cement Corporation has awarded more than 400MWh of projects in Taiwan to NHOA. Pictured is a rendering of how one such project could look. Image: NHOA.

NHOA claims battery storage business success ‘despite increasingly complex global scenario’

July 18, 2022
CEO of NHOA has hailed its “unparalleled” performance in the first half of this year, despite industry headwinds.
black mountain energy storage recurrent canadian solar bess texas ercot

Canadian Solar’s project development arm has 27GWh pipeline of BESS

May 30, 2022
Canadian Solar has said its project development arm has a pipeline of more than 27GWh of battery storage projects.
Rendering of Energy Vault EVx energy storage system concept. Image: Energy Vault.

Energy Vault’s NYSE listing added nearly US$200 million to gravity storage startup’s cash reserves

May 19, 2022
Energy Vault added US$191 million to existing cash reserves when it listed on the New York Stock Exchange.
Fluence results statkraft

Fluence grows Q2 revenues 250% to US$343 million

May 16, 2022
Global system integrator Fluence increased its revenues for the first three months of 2022, its second quarter, 249% to US$343 million.
long duration energy storage

Flow battery player ESS Inc has ‘strong confidence’ in 2022 performance despite ‘unanticipated challenges’ in Q1

May 13, 2022
Iron flow battery company ESS Inc continues to await recognition of revenues, but has “strong confidence” in its trajectory towards profitability.
eos energy

Eos manufacturing expansion underway, 14% drop in materials costs for zinc battery storage

May 12, 2022
Eos Energy Enterprises added 65MWh of production capacity in the first quarter of this year.
A Stem Inc commercial and industrial battery storage project. Image: Stem Inc/CleanCapital

Stem ended Q1 with US$565m order backlog

May 10, 2022
‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Neoen energy storage revenue surges amid new project commissioning

May 4, 2022
French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.

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US DOE funds energy storage tech for critical facilities backup and resiliency demonstrations

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Powin ‘struggling to compete with Chinese OEMs’ integrated BESS offerings’

Prevalon Energy’s 320MWh Idaho BESS enters commercial operations

SMUD and DESRI execute PPA for BESS on former California nuclear facility

Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives

Fengate, Alpha Omega Power’s California BESS operational after ‘rigorous’ fire training

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