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Second life BESS units using Nissan Leaf EV batteries at the carmaker's office headquarters in Franklin, Tennessee. Image: Nissan Motor Company.

ROUNDUP: Enel X C&I unit acquired, NineDot NY tax equity, 2nd Life BESS at Nissan US HQ

October 14, 2024
This edition of news in brief from around the world in energy storage includes Enel X, NineDot Energy and Nissan.
Original design rendering of Energy Vault's gravity storage tech, which was used at one commercial demonstrator in Switzerland. Image: Energy Vault.

Stem Inc, Energy Vault strategy updates after NYSE listing warnings for SPAC firms

October 10, 2024
Stem Inc. and Energy Vault have revealed strategic changes and updates following recent listing warnings from the New York Stock Exchange (NYSE).
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EMS: Wärtsilä’s new GEMS 7 platform, Generac buys microgrid controls specialist

August 6, 2024
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
Japan is targeting for 36% to 38% of its electricity to come from renewable sources by 2030, up from about 20% today. Image: Andy Colthorpe / Solar Media

Japanese government selects battery aggregators for JPY9 billion subsidy scheme

July 23, 2024
The Japanese government has published the list of battery aggregators that successfully applied to a scheme to promote energy storage systems.
Energy storage is now a major player in the global energy transition. Image: Huawei
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Accelerating PV and energy storage – a special report from Huawei, ESN and PV Tech

July 4, 2024
Energy-Storage.news, PV Tech and Huawei present a special report on the technologies and trends shaping the global energy storage market.
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US real estate developer Gardner to host VPP-connected flywheels and batteries in Utah

May 29, 2024
Real estate development company Gardner has signed an agreement with technology provider Torus to deploy flywheel and battery-based energy storage systems at its commercial properties in Utah, US.
A Stem Inc battery storage project. Image: Stem Inc.

Stem Inc continues to guide for EBITDA positive 2024 despite Q1 revenue and bookings dip

May 9, 2024
Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.
GridBeyond aggregates and optimises the market performance of a diverse range of energy assets, with much of its knowhow built up in the behind-the-meter battery space. Image: GridBeyond.
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‘Forecast everything, then optimise everything’: GridBeyond CEO on €52 million Series C fund raise

April 23, 2024
Energy-Storage.news Premium speaks with Michael Phelan, CEO of energy management solutions provider GridBeyond, following €52 million Series C funding round.
Tesvolt BESS manufacturing Germany plant

Tesvolt breaks ground on 4GWh BESS manufacturing plant in Germany

April 10, 2024
Commercial and industrial (C&I) BESS provider Tesvolt has launched construction of its latest 4GWh manufacturing plant in Germany.
Stem Inc and third party hardware at a customer's battery storage installation. Image: Stem Inc / CleanCapital.

Stem ‘continues to expect positive adjusted EBITDA’ in second half of 2023, full-year 2024

November 7, 2023
Stem Inc has made a company record US$676 million of order bookings in Q3 2023 and expects to turn a profit during this year.

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