SAN FRANCISCO, May 01, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, has now enrolled nearly 1,800 customers—totaling more than 2,000 batteries—in its PowerOn Puerto Rico virtual power plant. The program has been supplying dependable energy from solar-plus-storage systems to the island’s energy grid since last fall. Sunrun is the largest... Read more
WAUKESHA, Wis., May 01, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its first quarter ended March 31, 2024 and provided an update on its outlook for the full-year 2024. First Quarter 2024 Highlights Net sales increased to $889... Read more
AUSTIN, TX / ACCESSWIRE / April 30, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces that the Company received an order for SymCool™ power modules and drivers from one of the two Forbes Global 500 leaders in diverse... Read more
Calgary, Alberta--(Newsfile Corp. - April 29, 2024) - Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) ("Eguana" or the "Company"), a leading provider of high-performance energy storage systems, introduced the Eguana Edge™, at the Smart Energy Conference in Halifax, Nova Scotia. The Eguana Edge™, a key element of the Eguana Cloud platform, is a utility feeder load balancer that provides Distribution System... Read more
The 220MW/440MWh grid-tied system is the largest BESS owned by Nevada Energy and was delivered under a full turnkey contract between Energy Vault and the Nevada Utility WESTLAKE VILLAGE, Calif. & LAS VEGAS / Apr 25, 2024 / Business Wire / Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, and NV Energy, Nevada’s largest... Read more
STAMFORD, Conn., April 23, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful co-development agreement of 199 MW (up to 1.59GWh of capacity) of Battery Storage Projects in two regions of Southern Italy with Nuveen Infrastructure, rebranded from Glennmont Partners ("Nuveen"), one... Read more
EDISON, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today provided an update on the goals outlined in the December 2023 Strategic Outlook and its preliminary first quarter results. Eos continues to reach milestones necessary to achieve the goals... Read more
Brisbane, Queensland, Australia--(Newsfile Corp. - April 22, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® powered by GMG Graphene. GMG and GMG's THERMAL-XR® powered by GMG Graphene coating was awarded as Most Disruptive Technology Award and Best Chance for Market Success Award at the Data... Read more
Co-founding investors in FREYR and decorated former U.S. government service officer bring decades of relevant experience in institutional energy sector investing, public and government affairs NEW YORK & OSLO & NEWNAN, Ga. / Apr 19, 2024 / Business Wire / FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has appointed Todd... Read more
ARLINGTON, Va., April 18, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimization software for renewables and storage, issued its 2023 Sustainability Report (the “Report”) providing updates on the company’s sustainability strategy during the fiscal year ended September 30, 2023. The Report enhances and builds upon... Read more
30-Year Global Supply Chain Executive at Fortune 500 Consumer Brands to Advance Company’s New Strategic Growth Initiatives VISTA, Calif. / Apr 18, 2024 / Business Wire / Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Mark Leposky, a senior-level executive and... Read more
FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the launch of Enphase Power Control software that can integrate with the Enphase® Energy System™ in North America. Enphase Power Control dynamically controls the power produced by an Enphase... Read more
AMSTERDAM, April 11, 2024 (GLOBE NEWSWIRE) -- Fluence Energy B.V. (“Fluence”), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC), has been selected by ENGIE to deliver a 35 MW / 100 MWh battery-based energy storage project at the Maxima power plant in Lelystad, the Netherlands. The advanced battery energy storage project is located at a site with different types of power generation. It is expected to come into... Read more
AUSTIN, TX / ACCESSWIRE / April 10, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced it received a purchase order from a global leader in power semiconductor and power electronics solutions. The customer purchased... Read more
FORT MILL, S.C., April 04, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) and Acadia Energy (“Acadia”), a pioneering microgrid and renewable energy developer, today announced a landmark joint venture to co-develop 200 megawatts (MW) of Sustainability Hub™ microgrid projects in New York... Read more
FREMONT, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has started shipping IQ8P™ Microinverters, with peak output AC power of 480 W, in France and Spain to support newer, high-powered... Read more
Tembo E-LV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), will merge with CCTS (“Cactus Acquisition Corp. 1 Limited”), a NASDAQ-listed company. Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. CCTS has $25m of cash on its balance sheet, as of its last quarterly filing. VivoPower shareholders on the final record date will receive 5... Read more
TURTLE CREEK, Pa., April 01, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced an expansion and extension of its existing agreement with Pine Gate Renewables. The new Master Supply Agreement (MSA) is for 500 MWh of energy storage systems to be... Read more
Delivers Positive Full-Year Net Income vs. Net Loss in 2022; Backlog Surges to $46 Million; up 36% Sequentially; Expects Continued, Rapid Growth in Revenue, EPS and Operating Margins in 2024; Guides to $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS for Full-Year 2024 FORT LEE, N.J. / Apr 01, 2024 / Business Wire / Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in... Read more
GARDENA, CA, April 01, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2023. 2023 Financial Highlights Net sales in 2023 were $15.3 million compared to $16.1 million in 2022 Gross profit for 2023 was $0.7 million... Read more
SolarEdge ONE optimization solution is designed to leverage the advantages of dynamic electricity rates that are gradually being introduced across Europe Dynamic rate optimization capability will gradually be rolled out to additional countries, including Belgium, Sweden, Poland and Germany MILPITAS, Calif. / Mar 28, 2024 / Business Wire / SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global... Read more
HOUSTON / Mar 26, 2024 / Business Wire / Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading adaptive energy services company, announced today that it has entered a strategic partnership with The Home Depot whereby Sunnova will now be the sole provider of solar and battery storage services in The Home Depot stores across the United States... Read more
Air-cooled modular solutions provide optimized performance and instant customization for a wide range of high-power applications DENVER / Mar 26, 2024 / Business Wire / Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today launched Evergreen™, the next-generation modular high-power platform, with two new... Read more
SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV) – NeoVolta Inc., a San-Diego based leader in Smart Energy Storage Solutions, today announced that its partner, EOS Linx increased its EV deployments by 150% in 2023. “We are pleased to see our partnership with EOS Linx pay dividends as we expected,” said Brent Willson, CEO at NeoVolta Inc. “While the NV-14 is known as providing safe and powerful... Read more
Following rigorous testing, achievement of IEEE 693-High demonstrates ESS’ commitment to delivering resilient, safe and sustainable energy storage infrastructure. WILSONVILLE, Ore. / Mar 25, 2024 / Business Wire / ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that the company’s Energy Center... Read more
FORT LEE, N.J. / Mar 19, 2024 / Business Wire / Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a leader in the design, manufacture, service, and integration of electrical power systems, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first residential platform, HOMe-Boost, to address the ever... Read more
Commercial sales included two major milestone projects, more expected in 2024 Launched bGen™ ZERO and opened gigafactory in Israel to support potential sales of up to $200M Plans for additional plants to open 2027-2028 based on anticipated growth in the U.S. and Europe Plans to establish a global network of JV partnerships ROSH HA’AYIN, Israel / Mar 19, 2024 / Business Wire / Brenmiller Energy Ltd.... Read more
STAMFORD, Conn., March 15, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful co-development agreement of 155 MW (up to 1.24GWh of capacity) of Battery Storage Projects in two regions of Southern Italy with Glennmont Partners from Nuveen ("Glennmont"), one of the world's... Read more
TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, has expanded its presence in the Asia-Pacific region, opening a local office in Taiwan to further engage in the country's energy storage market. According to the Energy Administration, Ministry of... Read more
Reaffirms Company's Commitment to Safety and Innovation in the Rapidly Growing Lithium Battery Industry UL 1973 Compliant EX1 SmartTalk™ Bluetooth® Batteries now Shipping to Customers REDMOND, Ore., March 13, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced that its EX1... Read more
Lowered Q4 Adjusted EBITDA loss by More Than 50% year over year Exited 2023 with Cash and Short-Term Investments over $100 million; Expected to Carry ESS Well Into H1’25 Delivered First Energy Warehouses to Honeywell Energy Warehouse manufacturing cost lowered by 60% in 2023 Target 40% 2024 EW Cost Reduction to Achieve non-GAAP Gross Margin Profitability WILSONVILLE, Ore. / Mar 13, 2024 / Business Wire / ESS... Read more
FY 2023 revenue of $341.5 million, up 134% YoY and 18% QoQ, within annual guidance range Increased cash position to $146 million with no debt, above prior guidance of $132 million from Q3 2023 Reduced quarterly cash Operating Expense run rate by 25-30% through actions taken in Q4 2023, enabling a 2024 reduced quarterly cash OpEx of $13-15 million to accelerate shift to cash flow positive exiting 2024 and FY... Read more
LONDON, March 08, 2024 (GLOBE NEWSWIRE) -- SSE Renewables has announced the principal contractor and system supplier for its battery-based energy storage project at Fiddler’s Ferry, Warrington. Fluence, a global leader in energy storage technology, digital solutions and services, has been selected as the supplier of the battery-based energy storage system to SSE. The project will utilize the Gridstack platform,... Read more
Highlights: Neogen secured a 3-year marketing and distribution license for noco-noco's X-SEPA™ technology with the eventual objective to manufacture X-SEPA™ separators in India. The combined technological synergies blending noco-noco's revolutionary X-SEPA™ separator technology with Neogen's electrolyte, will provide pioneering solutions to a wider clientele. noco-noco (NASDAQ: NCNC), aims to swiftly... Read more
Neogen secured a 3-year marketing and distribution license for noco-noco's X-SEPA™ technology with the eventual objective to manufacture X-SEPATM separators in India. The combined technological synergies blending noco-noco's revolutionary X-SEPA™ separator technology with Neogen's electrolyte, will provide pioneering solutions to a wider clientele. noco-noco (NASDAQ: NCNC), aims to swiftly penetrate the... Read more
EDISON, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the fourth quarter and full year ended December 31, 2023, and announced 2024 outlook. Fourth Quarter Highlights Revenue totaled $6.6... Read more
Rudong 25 MW/100 MWh EVx system became fully interconnected to the local state utility grid in December 2023 as planned, enabling full commissioning, inverse power and operational activity powered by the State Grid A second EVx system in Zhangye City, Gansu Province, started in Q2 2023 has completed foundation work and initial four floors of construction above ground Both the Rudong and Zhangye EVx Gravity... Read more
AUSTIN, TX / ACCESSWIRE / February 29, 2024 / Ideal Power Inc. ("Ideal Power," the "Company," "we," "us" or "our") (NASDAQ:IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reports results for its fourth quarter and full year ended December 31, 2023. "We made great progress delivering against our B-TRAN™ commercial... Read more
NEW YORK & OSLO, Norway & NEWNAN, Ga. / Feb 29, 2024 / Business Wire / FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023. Highlights: New operations update: another key milestone reached at Customer Qualification Plant. Building on recent... Read more
FREMONT, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that it has started production shipments of its most powerful home battery to-date, the IQ® Battery 5P™, for customers in Italy. The IQ Battery 5P is a modular design with 5 kWh capacity and can... Read more
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