We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.

Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.

Construction is underway on a 100MWh thermal energy storage project in Finland, using the same ‘Sand Battery’ technology as a 8MWh system which came online in 2022.

Australia has signed climate action and renewabele energy partnerships with India and the UK, which both include energy storage.

System integrator NHOA Energy will provide Spanish transmission system operator (TSO) Red Eléctrica with 140MW/105MWh of BESS for two separate storage-as-transmission projects on the Balaeric Islands.

A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.

With the opening of the Capacity Investment Scheme (CIS) tender 3 in Australia last Wednesday (13 November), one major question from the state allocations presented in the market briefing was why Queensland had been granted no capacity.

The government of Cyprus has confirmed financial support will be made available for renewable energy projects paired with energy storage.

Steag subsidiary Iqony and Fluence will deploy a 50MW/200MWh BESS project in Germany, part of which will be contracted under a PPA with train network operator Deutsche Bahn.

Whitehaven Energy, a subsidiary of coal producer Whitehaven Coal and renewable energy generator and retailer Pacific Blue, landed key milestones in developing solar-plus-storage projects in Australia last week.