The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.

The US Internal Revenue Service (IRS) has revealed how smaller and tax-exempt organisations can take advantage of clean energy investment tax credits (ITC), with guidance on direct pay and transferability.

Network solutions company Alcemi has been granted planning permission to develop one of Europe’s largest energy storage facilities.

The Regulatory Authority for Energy (RAE) in Greece has launched an auction for grants towards 400MW of energy storage, with three weeks to submit project proposals.

American Battery Solutions has partnered with lithium-ion battery manufacturer Eve Energy to procure 5GWh of LFP lithium-ion cells a year for its TeraStor platform.

A vote to approve proposals for the European Union’s Batteries Regulation has been welcomed by trade groups.

Inflation Reduction Act looks to be safe from cuts to maintain the national debt ceiling, according to Wood Mackenzie Power & Renewables.

Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has expanded its manufacturing facility in Vancouver, Canada, to 200MWh of annual capacity.

Powin Energy has signed its latest multiple gigawatt-hour deal, including supply of some of the cells for its Waratah Super Battery project.

Annual battery energy storage system (BESS) installations will grow by 10x between 2022 and 2030, according to research firm Rystad Energy.