profitability

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June 17, 2026
Wärtsilä spinning out its energy storage activities and divesting a 50% stake this week reflects difficulties in making the business profitable and synergistic within the wider group activities, analysts said.
June 15, 2026
There has been another twist in the long-running saga of Wärtsilä’s energy storage business and how the company aims to run it going forward.
Sponsored
March 17, 2026
The early life of a battery storage asset sets the stage for a lifetime of operational success, writes Cedric Brehaut, chief product officer at PowerUp.
December 11, 2025
The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.
January 15, 2025
Our Year in Review Q&A series continues as we speak with Andrew Gilligan, senior director for commercial strategy at Fluence.
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October 9, 2024
John Zahurancik, president for the Americas at Fluence, and one of the system integrator-technology provider’s founders, speaks with ESN Premium.
Sponsored
July 30, 2024
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
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.

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