Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

Germany’s installed based of large-scale energy storage predicted to roughly double in the next couple of years, after 2022 saw a comeback.

The first phase of a residential battery storage program in the US state of New Hampshire has met all its conditions and saved the utility “more than expected” after an initial 100 units were deployed.

The European Commission support for manufacturing of clean energy technologies a “game changer” for making the battery industry competitive.

At World Smart Energy Week in Japan last week CATL, Jinkosolar and Sungrow exhibited battery storage products.

Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million.

European Commission’s categorisation of energy storage technologies in the Net Zero Industry Act is a “huge victory,” one source said.

Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.

The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.