LG Energy Solution, the battery technology arm of South Korea’s LG Group, has completed its acquisition of 100% ownership in battery energy storage system (BESS) integrator NEC ES.
Fluence has reaffirmed its guidance of US$1.1 billion to US$1.3 billion revenues for the 2022 financial year, with the company’s CEO claiming expectations were exceeded in the first quarter “despite short-term headwinds”.
France’s first high-voltage transmission grid-connected battery project colocated with a solar PV plant will be equipped with a battery energy storage system (BESS) from Saft.
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.
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).
