BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.

Optionality is key for battery storage developers and owners when considering project augmentation, leading system integrators to enhance their augmentation offering.

Global battery storage system integrator Fluence doubled its revenues in the first three months of 2023 and increased its full-year guidance again.

Powin has ‘big plans’ in the balance-of-system space and could become ‘the biggest energy storage platform in the world’, president Anthony Carroll says.

Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.

Enervenue has completed UL9540A tests for its nickel-hydrogen cells, units and systems and obtained UL1973 certification.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.

RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South Wales, Australia.

We speak with Jeff Bishop, CEO of Key Capture Energy, for more developer’s eye view insights into the New York market for energy storage.