Construction has kicked off at the largest battery project in Australia to date, with a storage capacity equivalent to the entire country’s fleet of projects in construction at the end of 2022.
Europe’s response to the US’ Inflation Reduction Act (IRA) has been a big talking point at Giga Europe, and one panellist said the simplicity of the IRA has been key to its success.
The EU is ‘stepping up its game on battery gigafactories’, European Commission executive VP Maroš Šefčovič said at the Giga Europe conference today (12 March).
Despite geopolitical unrest, the global energy storage system market doubled in 2023 by gigawatt-hours installed. Dan Shreve of Clean Energy Associates looks at the pricing dynamics helping propel storage to ever greater heights.
Utility EWEC (Emirates Water and Electricity Company) has invited developers to submit expressions of interest (EOI) for a 400MW battery energy storage system (BESS) project in the UAE.
The US Department of Agriculture (USDA) is putting US$2.3 billion into projects increasing energy resiliency in rural communities, with two energy storage projects already shortlisted for awards in Arizona and Nebraska.