Subsidiary of Nofar Energy, Nofar USA and subsidiary of Hanwha Qcells, Qcells USA, have signed an agreement to develop and construct 2 battery energy storage system (BESS) projects in Texas totalling 350MW/700MWh.

Spain-based renewable energy firm Acciona Energia has acquired a two-hour energy storage system in ERCOT, Texas, from Qcells.

Qcells has followed up the start of construction on its first-ever standalone BESS project with the announcement of three more projects.

Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.

Eguana Technologies has signed a deal with contract manufacturer Jabil for the production of residential and commercial energy storage systems.