Three utility-scale long-duration energy storage (LDES) projects have been selected for contract awards in a tender held on behalf of the state of New South Wales, Australia.
More detailed proposed regulations around the US government’s 45X tax credit for domestic clean energy manufacturing have been released, clarifying what battery components and materials qualify.
UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
The US energy storage industry’s upward growth trajectory has seen another record-breaking quarter, with 2,354MW and 7,322MWh of deployments in Q3 2023, according to Wood Mackenzie.
The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.
The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.
