Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.

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

Vistra Energy will have more than 1,213MW of battery storage in operation in its portfolio by 2026, the US power generation company has claimed.

The Inflation Reduction Act took a significant step forward over the weekend as US vice-president Kamala Harris cast a decisive vote.

Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW), Australia.

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.

Private equity firm ArcLight Capital Partners has agreed to acquire 185MW of operational wind farms and 80MWh of battery energy storage system (BESS) developments from GlidePath Power Solutions.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.

Iowa’s energy regulator has approved two projects from NextEra Energy Resources including a 300MWh co-located battery energy storage system (BESS) while utility Alliant has turned on a 5MW unit in the state.