What the Inflation Reduction Act can do for energy storage, a lawyer’s viewpoint

It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.

First Tesla Megapack BESS in New York City inaugurated

The first battery energy storage system (BESS) in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated.

ESS Inc ramps iron flow battery production capacity to 500MWh, signs 12GWh Australia deal

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Estonia plans 225MW pumped hydro energy storage facility to help disconnect from Russia

State-owned Estonian energy company Eesti Energia is planning to build a 225MW pumped hydro energy storage facility, as part of a wider push to become independent of Russian energy.

Western Australia utility replicating success of 100% renewable energy town

Onslow, Western Australia, is powered almost entirely by renewables, and the utility behind the project wants to roll out the technology.

News
August 18, 2022
US$1 billion financing has been secured for ‘Round-The-Clock’ renewables, claimed as India’s biggest single-project clean energy deal.
News
August 17, 2022
Clearway Energy Group has brought online the first ever utility-scale solar-plus-storage project on the Hawaiian island of O’ahu.
News
August 17, 2022
A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California.
News
August 17, 2022
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.
News
August 17, 2022
Sustainable infrastructure investment fund manager SUSI Partners has acquired ready-to-build battery energy storage system projects in Texas.
News
August 17, 2022
President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.
News
August 16, 2022
On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.
Analysis, Features, Guest blog
August 16, 2022
Anthony Price summarises what took place at this year’s International Flow Batteries Forum Summer Conference in Brussels, Belgium.
News
August 16, 2022
Gravity-based energy storage company Energy Vault will deliver and optimise battery energy storage systems (BESS) totalling 220MWh for developer Jupiter Power in Texas and California.
News
August 16, 2022
Chilean utility Colbún has submitted plans for a solar-plus-storage project with a 1.2GWh battery energy storage system (BESS)

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