Share listing news from three energy storage startups with different areas of specialisation speaks to the ups and downs of going public.  

Energy storage developer and system integrator Energy Vault has acquired the 125MW/1,000MWh Stoney Creek BESS in New South Wales, Australia.

US grid-scale energy storage solutions provider Energy Vault claimed its diversification into new geographies and business models “shielded” its backlog from tariff risk.

Stem Inc. reported a 69% year-on-year fall in annual revenues as the US energy storage pioneer pivots towards software and services.

System integrator Stem Inc has seen huge falls in quarterly revenue and bookings as it shifts its business model away from BESS hardware solutions towards higher-margin software and service offerings.

Stem Inc. and Energy Vault have revealed strategic changes and updates following recent listing warnings from the New York Stock Exchange (NYSE).

Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.

Iron flow battery company ESS Inc will provide Nigeria-based IPP Sapele Power 1MW/8MWh of its systems, it announced while also revealing its first quarter financials.

Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.

Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.