Norwegian renewable energy investor Magnora and the Alberta Investment Management Corporation have moved into the UK battery storage market.

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

Revolve Renewable Power received approval to build 250MW project on land managed by the US Bureau of Land Management in Arizona.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

Construction has begun on two large-scale solar projects paired with battery storage in Hawaii from AES Corporation.

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.