The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
We round up the last two months of BESS action in the GB (Great Britain) market, including project approvals, construction and applications, taken from the pages of our sister site Solar Power Portal.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.
We caught up with executives from BESS operator and aggregation platform Terralayr, after it raised €77 million (US$80 million) for its activities in Germany.
Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.
SCE is seeking expedited approval from the California Public Utilities Commission for offtake agreements associated with Copia Power’s Centennial Flats facility in La Paz County, Arizona.
State-owned power producer PGE Group has selected LG Energy Solution to provide the BESS for a 263MW/900MWh project it will build in Poland, for a total of PLN 1.555 billion (US$385 million).
Not-for-profit consultancy Yarra Energy Foundation (YEF) has said that its Fitzroy North community battery in Melbourne, Australia, generated AU$8,423 in revenue, excluding goods and services tax (GST), for the 2023-24 financial year.
