South Korean-owned company Qcells, part of the Hanwha Group, has introduced its first domestically assembled residential battery energy storage system (BESS) to the US market.

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.