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Fluence raises FY guidance again; ‘our machine is working better’, says CEO

May 11, 2023
Global battery storage system integrator Fluence doubled its revenues in the first three months of 2023 and increased its full-year guidance again.
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Powin ‘can be biggest energy storage platform globally’ with 2023 sales over US$1 billion, says president

May 10, 2023
Powin has ‘big plans’ in the balance-of-system space and could become ‘the biggest energy storage platform in the world’, president Anthony Carroll says.
Federal energy minister Chris Bowen speaking at the Smart Energy event, Sydney, New South Wales, 3 May 2023. Image: Smart Energy Council.

Australia to begin ‘energy storage target’ tenders this year, details to come in Budget

May 4, 2023
Australia will launch its first tenders for large-scale energy storage resources during this year, minister says.
Tesla Megapacks at an project site. A Tesla representative spoke at the Brussels launch, as did representatives from ESS Inc and Portguese utility EDP. Image: TagEnergy.

Tesla in highest quarterly energy storage deployments since division launched

April 24, 2023
Tesla has recorded its highest storage deployments to date in the first quarter of 2023, enabled by ramp up of its factory in California.
western australia synergy nhoa battery storage

NHOA’s energy storage revenues top US$150 million in 2022 driving 448% revenue growth

March 29, 2023
NHOA’s energy storage business accounted for the vast majority of the company’s €165.7 million reported revenues in 2022.
crimson largest biggest energy storage 2022 recurrent energy canadian solar tolling

Canadian Solar doubles storage shipments in 2022 but expects just c.5% growth in 2023 ‘transition year’

March 23, 2023
Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.
ENERGY VAULT evrc energy storage

Energy Vault posts US$146 million revenues in 2022, expects 2-3x that in 2023

March 8, 2023
Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.
california offtake ppa tolling

Tesla deployed 6.5GWh energy storage in 2022, ‘thinking carefully’ about next Megapack factory site

January 26, 2023
Energy storage deployments by electric carmaker and tech company Tesla grew 64% year-on-year, reaching 6.5GWh in 2022.
grid booster

Fluence earns US$1.2 billion revenues in 2022 and positive gross profit in fourth quarter

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.
Eos' 100th Energy Block unit (pictured) was assembled at its factory in May. The company has since surpassed 250 Energy Blocks assembled. Image: Eos Energy Enterprises via Twitter.

Zinc battery player Eos pushes 2022 revenue forecast into next year

November 9, 2022
Eos Energy Enterprises won’t meet 2022 guidance but expects revenue recognition to be pushed out into next year.

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