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financial results
Fluence earns US$1.2 billion revenues in 2022 and positive gross profit in fourth quarter
December 13, 2022
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.
Energy Vault expands into Europe, green hydrogen and starts building gravity storage system in US
November 16, 2022
Energy Vault has provided a dizzying variety of updates in its Q3 results, covering European battery storage, a green hydrogen system, a new CFO and its gravity-based energy storage deployments in the US and China.
Zinc battery player Eos pushes 2022 revenue forecast into next year
November 9, 2022
Eos Energy Enterprises won’t meet 2022 guidance but expects revenue recognition to be pushed out into next year.
California, Australia deals represent ‘meaningful base of business’ for flow battery maker ESS Inc
November 8, 2022
Recently announced deals and partnerships in the California and Australia markets are a taste of the future ahead, ESS Inc has claimed.
Neoen raises 2022 guidance, energy storage revenues nearly tripled year-on-year
November 7, 2022
Neoen has reported a 46% increase in revenues for the first nine months of 2022 versus the same period last year.
Stem Inc revenues up 150% as company targets positive EBITDA next year
November 4, 2022
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: US is our most important market
October 27, 2022
LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.
NHOA grows energy storage revenues 28-fold and reaches c.€1 billion pipeline
October 17, 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.
UK’s Gresham House Energy Storage Fund reports 53.5% net asset value increase in half-year financials
October 3, 2022
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
Canadian Solar shipped 1GWh of battery storage in H1 2022
August 23, 2022
Canadian Solar’s manufacturing subsidiary CSI Solar’s battery storage shipments exceeded the 1GWh mark in the first half of 2022.
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