The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

profitability

March 20, 2024
The right balance between battery health and profitability is essential for success, writes Laura Laringe, CEO of reLi Energy.
November 29, 2023
Global battery storage system integrator Fluence has released its Q4 and full-year results, which included the “transformative milestone” of achieving a positive net profit for the first time, CEO Julian Nebreda said.
September 7, 2023
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
February 9, 2023
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.
December 13, 2022
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for 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.
September 14, 2022
New Fluence CEO Julian Nebreda is likely to oversee a period with less rapid top-line growth but a greater emphasis on making that growth profitable, an equity analyst told Energy-Storage.news.
July 27, 2022
LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.
February 28, 2022
Analyst Oliver Forsyth from IHS Markit explains exactly how things are changing in BESS system integration.
February 28, 2022
Eos Energy Enterprises’ leadership has claimed gross positive margins can be achieved in a year and a half. 

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