A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.
Donald Trump has threatened to impose additional 10% tariffs on all goods from China once he takes office, which would compound existing tariffs the BESS industry already has to deal with.
Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.
France-headquartered IPP and utility EDF has secured financial close for the second and third of a three-project BESS portfolio in South Africa, projects that won long-term contracts under the country’s BESIPPPP scheme.
NextEra Energy Resources (NEER) has become the next IPP to seek approval of a renewable energy development incorporating battery storage via the California Energy Commission’s (CEC’s) opt-in process, as permitted under Assembly Bill (AB) 205.
The accelerating global demand for battery storage is driving the construction of factories in Southern Europe, and Soria, a province in the northeast of Spain, welcomes your proposals.
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.
