More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act, according to a new study.
The Senate of New Mexico has passed a bill, which will require investor-owned utilities to have 2GW/7GWh of energy storage online by 2034, the second such move by a US state this week.
The collapse of Silicon Valley Bank has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek and other developers.
Democrat lawmakers in Michigan have proposed a bill requiring utilities to have a combined 2,500MW of energy storage online by 2030, and are mulling a specific target for long-duration technologies.
Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.