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.

In mid-July, the 100MW / 100MWh Minety battery energy storage system (BESS) was completed in Wiltshire, southern England. Something of a landmark project for the UK and Europe’s battery storage industries, here’s what’s happened so far, as reported by our sister sites Current± and Solar Power Portal.

Power and energy systems technology group Wärtsilä has completed work on two large-scale battery energy storage system (BESS) projects in the Philippines.

ENGIE has sold its 60.5% stake in stationary storage and e-mobility solutions company ENGIE EPS to Taiwan Cement Corporation (TCC).