Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.

Eos Energy Enterprises won’t meet 2022 guidance but expects revenue recognition to be pushed out into next year.

Recently announced deals and partnerships in the California and Australia markets are a taste of the future ahead, ESS Inc has claimed.

E-mobility and energy storage solutions firm New HOrizons Ahead (NHOA) grew its energy storage revenues 2,752% in the third quarter of the year.

At RE+ 2022 last month, Energy-Storage.news met with leading figures from the energy storage industry for a series of exclusive interviews.

New large-scale battery storage in Australia will increase competition and put downward pressure on costs of ancillary services.

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.

Fluence saw a 14% fall in revenue in the third quarter of its financial year, driven largely by ongoing logistics issues the company said are now easing.

Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.

The sale of Dynapower by private equity firm Pfingsten to industrial sensor manufacturer Sensata Technologies has been completed.