US energy storage projects that begin construction by the end of 2033 will remain eligible for investment tax credit (ITC) incentives.

A subsidiary of Turkish conglomerate Güri̇ş Group has signed an EPC contract for a 98.6MW/196.4MWh project in Romania with local firm Simtel.

UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.

Neoen Australia has increased the size of the BESS co-located at the 440MWp Culcairn solar PV power plant in New South Wales.

Australian renewables developer Edify Energy has submitted plans for a 2,400MWh solar-plus-storage project to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Developer and independent power producer (IPP) Recurrent Energy, subsidiary of Canadian Solar, announced commercial operation of its 1,200MWh Papago Storage facility in Maricopa County, Arizona.

Developer Merus Power has delivered and commissioned a 38MW/43MWh battery energy storage system (BESS) in Lappeenranta, Finland.

Renewable energy IPP ACME Solar has placed orders with two Chinese system integrators for battery energy storage system (BESS) projects in India.

ESN Premium speaks with Sahand Karimi, co-founder and CEO of Australian AI-driven energy management company OptiGrid, on the new FPP reform.

Listing via the Hong Kong Stock Exchange is emerging as a key financing pathway for China’s energy storage players, writes Carrie Xiao.