After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.

Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.

The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.

European Commission (EC) strategy puts energy storage as cornerstone of a decarbonised and secure energy system for the EU.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

Utility-scale solar PV developer Westbridge Renewable Energy has kicked off development of its fifth solar-plus-storage project in Alberta, Canada.

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.

Thoughts from a trio of energy storage technology providers and system integrators on the year just gone, and what lies in store in 2023.

We continue looking back over 2022’s top content on Energy-Storage.news with our pick of the Guest Blogs published in the past 12 months.

The US industry deployed more than 5GWh of energy storage in the third quarter of 2022, close to half the entire amount of storage installed in the country in 2021.