Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.

Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months.

Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.

Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.

Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.

Energy storage hardware and software technology provider Fluence has opened its third global testing facility, in Pennsylvania, US.

A 15MW/16.4MWh battery energy storage system (BESS) provided by Fluence has been inaugurated on the Portuguese island of Madeira.

Global battery energy storage system integrator Fluence is using its intelligent bidding software solution to optimise the trading activity of a 508MWh system it recently completed for AES in California.

Global system integrator Fluence will deploy a 250MW ‘Grid Booster’ battery energy storage system for transmission system operator (TSO) TransnetBW, one of two such projects planned in Germany.

A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.