The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.
Long-duration energy storage (LDES) firm e-Zinc is targeting a gigafactory in the US by 2025 and is considering adjusting its planned project with Toyota Tsusho, it told Energy-Storage.news.
Some 2.5-3.6GW of energy storage could be cost-effectively deployed by 2033 to cut emissions and lower energy costs in the US state of Maryland, American Clean Power (ACP) said.