TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

Thoughts from a trio of energy storage technology providers and system integrators on the year just gone, and what lies in store in 2023.

News of major project acquisitions in another busy week for the UK battery storage market.

Queensland gets about 21% of its energy from renewables, but the state government has just set an increased target of 70% renewables by 2032.

Power conversion system expertise allows battery storage system integrators an important degree of control over project design and costs.

Fluence’s new Utah facility is part of a wider move by the company to regionalise its production closer to customer markets across the globe, a senior director of manufacturing explained to Energy-Storage.news.

Gravity-based energy storage company Energy Vault will deliver and optimise battery energy storage systems (BESS) totalling 220MWh for developer Jupiter Power in Texas and California.

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.

LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.