The signing of the Inflation Reduction Act by US president Joe Biden has been considered a major step forward for clean energy.

This edition of news in brief focuses on recent developments in the US distributed energy resources (DER) market.

Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.

President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.

On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.

Anthony Price summarises what took place at this year’s International Flow Batteries Forum Summer Conference in Brussels, Belgium.

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.

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.

SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.