We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.
Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.
Construction is underway on a 100MWh thermal energy storage project in Finland, using the same ‘Sand Battery’ technology as a 8MWh system which came online in 2022.
A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.
Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.
Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.
Industry sources including ex-Fluence executives discuss what the next era for the rapidly-evolving BESS technology landscape looks like, including the move to AC blocks and changing battery cell sizes.
National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.
