The Inflation Reduction Act brought a sense of confidence and certainty to the business of clean energy. Lawyers Adam Schurle and Morten Lund at Foley Lardner take a closer look at what that means for tax equity financing of energy storage, while exploring some of the questions still to be answered.
China-headquartered lithium-ion battery manufacturer Gotion High-Tech has announced a new US$2 billion gigafactory in Illinois, US, targeting the EV and energy storage system (ESS) markets.
Blackrock-owned developer Akaysha and Japanese conglomerate Itochu have entered into a strategic alliance to develop battery storage projects in Japan.
Developer Flexen has put 1GW of standalone battery energy storage system (BESS) projects into the interconnection queue in Chile, the first of that scale in the country, the firm claimed.
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
While 12 projects won awards in the first tranche of Greece’s recent grid-scale energy storage auctions, what of the c.500 totalling nearly 27GW that didn’t? Jon Ferris, LCP Delta’s Head of Flexibility and Storage, looks at the dynamics which could play out in rounds two and three in Europe’s fourth largest market by 2030 pipeline.
UK battery storage project developer Clearstone Energy has unveiled the first project in a 2.2GW pipeline, the largest by an independent developer, it claimed.
Ikea stores owner Ingka Investments has partnered with developer Apex Clean Energy and system integrator Powin for a battery storage project in Texas, US, set to come online imminently.
Thermal energy storage companies Kyoto Group and Brenmiller have inaugurated and won funding approval for projects in Denmark and Israel, respectively.
