Stem Inc. reported a 69% year-on-year fall in annual revenues as the US energy storage pioneer pivots towards software and services.

Fluence president Americas John Zahurancik spoke with Energy-Storage.news at RE+ 2023 last week, discussing a broad range of industry talking points.

Another edition of our news in brief from around the world in energy storage, this time focusing on product announcements.

Borrego has chosen Powin Energy as supplier of battery storage, with the pair signing an 800MWh supply agreement.

Christoph Birkl, Damien Frost and Adrien Bizeray of Brill Power discuss how to build a battery management system (BMS) that ensures long lifetimes, versatility and availability.

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.

Battery energy storage system (BESS) products suitable for utility and large industrial applications have been launched by Powin Energy and Hydro-Quebec subsidiary EVLO. 

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. 

Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry.

Energy storage system integrator Powin Energy has gained equity investment which the company claimed will allow it to significantly improve its integrated software and hardware platform.