Stem Inc has posted record quarterly revenues and claimed it could begin recording positive EBITDA figures in the second half of next year.

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

E-mobility and energy storage solutions firm New HOrizons Ahead (NHOA) grew its energy storage revenues 2,752% in the third quarter of the year.

Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).

Canadian Solar’s manufacturing subsidiary CSI Solar’s battery storage shipments exceeded the 1GWh mark in the first half of 2022.

Fluence saw a 14% fall in revenue in the third quarter of its financial year, driven largely by ongoing logistics issues the company said are now easing.

Vehicle-to-grid (V2G) company Nuvve grew its MW under management by 10% in quarter two 2022 and is eying applications for school buses and the marine sector.

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Vistra Energy will have more than 1,213MW of battery storage in operation in its portfolio by 2026, the US power generation company has claimed.

Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.