Battery storage system integrators often have to network components from different industrial sectors and then connect them to higher-level control systems. HMS Networks’ Martin Matt discusses how to solve the associated challenges.

FlexGen Power Systems will deploy 10 battery energy storage systems (BESS) for electric cooperatives in North Carolina, the energy storage technology provider and systems integrator’s home state. 

Fluence has offered revenue guidance for the 2022 fiscal year of between US$1.1 billion and US$1.3 billion as the company reported its Q4 and full-year 2021 results.

FlexGen Power Systems will provide 2.1GWh of battery storage solutions to a project in California which exemplifies the state’s “leadership” in the transition to a modern, cleaner grid, the company’s CEO has said. 

Energy storage technology company Tesvolt has concluded a funding round, raising around €40 million (US$45.25 million) in equity capital.

Shares of Class A common stock of energy storage tech company Fluence are expected to begin trading on the Nasdaq Global Select Market today (28 October). 

Fluence could raise more than US$700 million from the planned initial public offering (IPO) of its Class A common stock which would be listed on the Nasdaq Global Market. 

Fluence’s initial public offering (IPO) and NASDAQ Global Select Market listing could be a “landmark” event that opens doors for the energy storage and renewable energy industries, a clean energy finance expert has said. 

Energy storage technology provider Fluence is pursuing an IPO and has filed a Form S-1 with the US Securities and Exchange Commission (SEC). 

Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.