Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.
Energy-Storage.news was delighted to host a sponsored webinar with Wärtsilä Energy on how energy storage is being used to support the uptake of electric transport last week – and you can now watch the whole thing on our YouTube channel.
Australian utility AGL has furthered its plans to develop 850MW of large-scale battery storage across a number of sites in the country, announcing a new project in Victoria.
The Australian state of Victoria has doubled down on its rooftop solar and home battery subsidy programme as part of a drive to help households cover the cost of their power bills while making properties more energy efficient.
Planning law in the UK allowing energy storage projects over 50MW has officially changed, allowing much bigger projects to come online without going through the national planning process.
India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
After a series of large-scale battery announcements in Australia from Federal and state governments, utility company AGL has followed up by saying it plans to build a battery system in South Australia with up to 1,000MWh of capacity.
As much as 8GWh of energy storage may be required to enable Israel’s policy aim of sourcing 30% of its electricity from renewables by 2030 and to enhance the reliability of the electricity grid.