The Australian government has granted approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), a 1,200MW / 2.4GWh two-hour duration battery energy storage system (BESS) in the state of Victoria.

The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.

Audrius Baranauskas, head of innovation at Lithuanian TSO Litgrid, talked Energy-Storage.news through its 200MW storage-as-transmission BESS units, deployed by system integrator Fluence.

Jigar Shah, the clean energy industry veteran leading the US Department of Energy Loan Programs Office, speaks with Energy-Storage.news.

Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.

Octopus Investments Australia has bought one of the biggest BESS projects in development in the country, from developer Firm Power.

The US Department of Defense Defense Innovation Unit will try out ‘prototype advanced energy systems’ based around LDES technologies.

Over 400MW of solar-plus-storage projects win Innovation Tender contracts in Germany

Renewables developer Edify Energy has secured federal approval on a 600MW solar PV plant in Central Queensland, Australia.

UK prime minister’s decision to delay net zero policies is disappointing, but unlikely to deter its battery storage industry.