Investment tax credit (ITC) incentives for energy storage have been included in the US House of Representatives’ chief tax-writing committee, along with extensions to the solar ITC and reintroduction of a solar production tax credit (PTC).
Behind-the-meter battery storage projects announced last week in California and Ontario will cut electricity costs and carbon emissions for a variety of commercial and industrial (C&I) businesses.
LG Energy Solution has acquired NEC Energy Solutions (NEC ES), the NEC Corporation subsidiary focused on energy storage which announced its exit from the industry last year.
US Vanadium has followed up a recent commitment to ramp up its flow battery electrolyte production with a deal to secure vanadium feed material and the acquisition of a processing plant near its existing facilities in Arkansas.
California-headquartered distributed battery energy storage provider SimpliPhi Power has been bought by Briggs & Stratton, a company best known for its gasoline engines and portable generators.
Solar trade show Solar Power International (SPI) has been cancelled due to the devastation caused by Hurricane Ida on New Orleans, where the event was scheduled to take place later this month.
A five-year long project to trial the use of energy storage at community-scale in a Western Australian suburb achieved an 85% reduction in consumption of energy from the grid at peak times for participating households.
US Vanadium, which counts high purity electrolyte for flow batteries among its range of vanadium products, has said it will expand its annual electrolyte production capacity to 2.25 million litres a year in response to demand.
Tesla’s ability to offer rooftop solar, electric vehicles and home battery storage in one package could place the company in a strong position as an electricity retailer in Texas.
