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Energy storage business

Energy Storage Project
Sosteneo to Buy 49% of Enel's Battery Business
Italy’s biggest utility Enel has agreed to sell a 49% stake of its energy storage business to Generali Investments' Sosteneo for around EUR 1.1 billio…
Energy Storage Project
ACL Energy Announces Joint Venture to Build BESS Projects
ACL Energy, a Milan-based battery energy storage developer, announced a joint venture partnership with energy storage business BW ESS and Penso Power, a develop…
United States
Tesla Announces 1 GWh of Powerwalls Deployed in Europe
Tesla announces that it achieved the milestone of having deployed 1 GWh of Powerwalls in Europe.Its energy storage business is becoming a major division.Tesla l…
Carbon Capture
China's Dual Carbon Goal Propels Thriving Energy Storage Sector
China's dual carbon goal and targeted policies have provided strong tailwinds, enabling the country's energy storage businesses to thrive amid the rapid…
Energy Storage Battery
NHOA’s Energy Storage Revenues Top Us$150 Million in 2022 Driving 448% Revenue Growth
NHOA’s energy storage business accounted for the vast majority of the company’s €165.7 million (US$180 million) reported revenues in 2022, a ye…
Electric Car
GM Launches Energy Storage Business
GM Energy is aimed to provide a range of home, business and electric vehicle (EV) energy storage and charging products and services.
United States
Tesla’s Solar and Energy Storage Business Rakes in $810M, Finally Exceeds Cost of Revenue
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage an…
Energy Storage Project
Video: How Tesla Is Quietly Expanding Its Energy Storage Business
Elon Musk announced that Tesla was getting into the energy business in 2015 and now it’s betting that it will become increasingly important for the company.
Energy Storage Battery
Tesla will Surge 58% from Current Levels with Improved Battery Supply Set to Drive an $8 billion Energy Business, Canaccord Says
Tesla could surge 58% from current levels as it shifts focus to its energy storage business, Canaccord Genuity analyst Jed Dorsheimer said in a Monday note.
Energy Storage Battery
Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company
RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Kor…
Energy Storage Project
Saft Opens New Energy Storage Hub in China
As part of efforts to expand its energy storage business globally, Saft has opened a new manufacturing hub for energy storage solutions in the Chinese province …
Russian Federation
RENERA Will Develop Energy Storage Business of Rosatom
Rosatom has completed incorporation of the nuclear industry integrator company for energy storage business development.