Tesla’s TSLA core electric vehicle (EV) business is under pressure as weakening demand and stiff competition are weighing on sales. CEO Elon Musk’s political involvement is also working against ...

Southern Company’s SO Alabama Power unit is set to revolutionize the state's energy landscape with the development of first-ever utility-scale Battery Energy Storage System (“BESS”). Located on the ...

SolarEdge has announced it will close and sell off its energy storage business and assets, resulting in cutting its workforce by about 12%, with those in South Korea mostly affected, as it attempts to ...

A landmark compressed air energy storage (CAES) power station utilizing two underground salt caverns in Yingcheng City, central China’s Hubei Province, was successfully connected to the grid at full ...

ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading developer, owner, and operator of energy storage projects, will build Vermont’s largest battery energy storage project at GlobalFoundries’ ...

As its car sales stall, Tesla (TSLA) is expanding its growing energy storage business. At an event in Nevada Monday night, Tesla announced two new products, a Megapack 3 battery pack and a Megablock ...

The activation of a new battery energy storage unit on Long Beach Island is delayed while its owner, Atlantic City Electric, secures industry certifications and performs additional testing, company ...

As New York State recalibrates its energy plans based on federal headwinds for offshore wind, power developers appear to be hedging their bets for large battery energy storage facilities on Long ...

In an effort to reduce the use of precious land to build renewable energy storage facilities, the Fraunhofer Institute has been cooking up a wild but plausible idea: dropping concrete storage spheres ...

Nearly a decade ago, when the energy storage market was in its infancy, an industry organization set a dreamy goal: By the end of 2025, the U.S. would deploy 35 gigawatts of batteries connected to the ...