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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.
tesla arevon

Tesla: Energy storage demand ‘remains significantly above’ production capacity

April 28, 2022
Tesla made 846MWh of battery energy storage system deployments in the first quarter of this year.
LG Energy Solution's plant in Wroclaw, Poland, where it is manufacturing batteries for both EVs and ESS. Image: LG Energy Solution Wroclaw.

LG Energy Solution’s revenues hit by supply chain and Russia-Ukraine war impacts

April 27, 2022
Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.
nhoa energy

NHOA doubles storage revenues in 2021

March 25, 2022
Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.
black mountain energy storage recurrent canadian solar bess texas ercot

Canadian Solar expects doubling of energy storage solutions business in 2022

March 23, 2022
Canadian Solar shipped just under 900MWh of battery storage in 2021 but expects to double that figure this year. 
Lithium batteries and packs at a Li-Cycle Spoke facility. Image: Li-Cycle.

Li-Cycle: 277% quarterly revenue jump for battery recycling specialist

March 21, 2022
Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.

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