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financial results

Eos' 100th Energy Block unit (pictured) was assembled at its factory in May. The company has since surpassed 250 Energy Blocks assembled. Image: Eos Energy Enterprises via Twitter.

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.
long duration energy storage

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.
Elsewhere in Australia, Neoen's 100MW/200MWh Capital Battery project reached financial close in October and construction underway. Image: Neoen via Twitter.

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.
A Stem Inc commercial and industrial battery storage project. Image: Stem Inc/CleanCapital

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.
The company's Michigan plant. Image: LG Energy Solution.

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

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 energy storage

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).
Image: Andy Colthorpe / Solar Media.

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.
fluence Germany

Fluence results impacted again by COVID and logistics but 2022 guidance reaffirmed

August 19, 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.
Nuvve

V2G specialist Nuvve increases MW under management 10% in Q2

August 15, 2022
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.

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Powin could cease operations by end of July if ‘present business circumstances do not improve’

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Eos and Faraday partner to deploy California microgrid on tribal land

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