Up to US$16,000 in upfront incentives are available per customer for residential battery purchases in Connecticut after changes were made to a utility scheme in the US state.
As India’s Union government prepares the fiscal year 2024-2025 budget for its unveiling, trade group India Energy Storage Alliance (IESA) has offered some recommendations to support the technology.
SK Gas and SK D&D, two companies in the South Korean SK Group conglomerate, have entered a joint venture (JV) for the ownership of energy storage facilities in the US with Apex Clean Energy.
The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
Arizona utilities Tucson Electric Power (TEP) and UniSource Energy have launched a request for proposals (RFP) for 825MW of ‘firm power’, primarily energy storage, alongside 625MW of renewables.
