Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.

President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.

Energy storage is ready to become a key pillar of the US energy transition, writes Andy Tang of Wärtsilä Energy.

The electricity board of the Indian state of Gujarat is tendering for 500MW/1,000MWh of standalone battery energy storage systems (BESS).

State-owned Estonian energy company Eesti Energia is planning to build a 225MW pumped hydro energy storage facility, as part of a wider push to become independent of Russian energy.

It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.

Revolve Renewable Power received approval to build 250MW project on land managed by the US Bureau of Land Management in Arizona.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

Republic of Maldives has reopened a tender process, seeking to procure 40MWh of battery energy storage systems.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.