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The BlackRock and Akaysha Energy teams together. Image: BlackRock.

BlackRock commits AU$1 billion capital for Australian battery storage developer’s 1GW buildout

August 16, 2022
A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.
US Congress made quick work to wave through the legislation. Image: Wikimedia user Bjoertvedt

Inflation Reduction Act passes: Climate action, energy security, and economic recovery start today

August 15, 2022
Energy storage is ready to become a key pillar of the US energy transition, writes Andy Tang of Wärtsilä Energy.
US Secretary of Energy Jennifer Granholm, among visitors at ESS Inc's facilities in Oregon. Image: Business Wire.

What the Inflation Reduction Act can do for energy storage, a lawyer’s viewpoint

August 11, 2022
It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.
convergent energy + power battery storage massachusetts

Inflation Reduction Act could mean the end of ‘dumb’ solar-plus-storage hybrids

August 9, 2022
Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.
A Burns & McDonnell BESS project site in Texas. Image: Burns & McDonnell.

US Inflation Reduction Act: Biden looks forward to making biggest-ever climate investment

August 8, 2022
The Inflation Reduction Act took a significant step forward over the weekend as US vice-president Kamala Harris cast a decisive vote.
woodmac us demand energy storage 2031

WoodMac downgrades US demand for energy storage in 2022/23 by one-third

August 3, 2022
Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.
south african grid battery energy storage

South Africa’s Eskom confirms contract awards for 1,440MWh battery storage

August 1, 2022
South Africa’s primary electricity supplier Eskom has announced details of forthcoming major battery storage deployments.
King Mountain wind power plant, which was commissioned in 2000 and repowered four years ago. Image: Cielo Wind Power Corporation.

First 150MW Texas battery project acquisition for developer Spearmint Energy

July 29, 2022
Startup Spearmint Energy has become the latest developer to acquire a large-scale battery storage project in Texas.
acp us battery storage installations h1 2022

US installs 5GWh of battery storage in H1 2022 but overall clean power deployments fall

July 27, 2022
Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).
Tesla Megapack BESS units caught fire during testing of the 350MW Victorian Big Battery in Australia. The situation was quickly brought under control and only two Megapacks out of more than 200 on site were consumed by flames. Image: Country Fire Association.

National Fire Protection Association affiliate surveys risks and mitigation for battery storage

July 27, 2022
Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.

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