Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.
IPP Genera PR has chosen Tesla to provide the BESS technology for a 430MW/1,720MWh pipeline of projects in Puerto Rico, set to enter commercial operations at the end of 2025.
Power from new co-located renewable energy and battery projects in California will be bought by Amazon and a number of Community Choice Aggregators (CCAs).
IPP JCM Power and the US Trade and Development Agency (USTDA) are procuring a feasibility study for a project in Malawi combining a 50MW wind and 100MWh BESS.
Automotive group Mercedes-Benz has inaugurated what it claimed is the first integrated hydrometallurgical facility in Europe for battery recycling in Baden-Württemberg, Germany.
Another edition of news in brief from the UK, as the National Energy System Operator pledges to improve Balancing Mechanism ‘skip rates’ and a 1GW project gets local authority approval.
Singapore’s government and Energy Market Authority have announced power sector and grid enhancements, including a possible expansion of Southeast Asia’s biggest battery storage plant.
Aura Power-ib vogt JV, along with Neoen, have recently submitted applications with the Alberta Utilities Commission to construct three projects with a 425MW/1,250MWh cumulative battery storage capacity.
