FlexGen “felt compelled to step up” and ensure the continuity of operation of the more than 11GWh of assets deployed by acquisition target Powin.

Software-focused energy storage system integrator FlexGen’s bid to acquire assets from bankrupt rival Powin has been approved in court.

FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.

Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).

Hitachi Energy was ‘looking for a long time’ to add power conversion architecture to its offerings before its acquisition of Eks Energy (EKS), ESN Premium has heard.

As we welcome the end of another exciting, if sometimes challenging year, here are the most-read news stories on Energy-Storage.news for 2024.

French independent power producer (IPP) Neoen has agreed to sell its operational and development projects in Victoria, Australia, including the 350MW/450MWh Victorian Big Battery, for AU$950 million (US$610 million).

This edition of news in brief from around the world in energy storage includes Enel X, NineDot Energy and Nissan.

Taiwan Cement Corporation has increased its valuation of battery storage and electric vehicle infrastructure solutions provider New HOrizons Ahead (NHOA).

System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.