Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
Calls have been made across Europe for recognition and support for the vital role that energy storage can play in decarbonisation, reducing air pollution and contributing to a ‘green recovery’, both through legislation and industry sector activity.
An ITC for standalone energy storage systems could finally become reality with its inclusion in a US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.
Adding well-optimised energy storage to solar PV projects in the US state of Massachusetts can increase project revenues by up to 50%, Stem Inc has claimed, as the energy storage provider announced the completion of a front-of-meter solar project with 8MWh of storage.
Global disruptions have always fostered booms in innovation and COVID-19 is no different. Now, the innovators at the forefront of energy and green technologies must create solutions faster than ever to help to solve this monumental global challenge and Build Back Better.
The US national Energy Storage Association’s policy director, Jason Burwen, spoke with Andy Colthorpe about the seven early adopter states of energy storage targets and whether this is likely to be a spreading pattern across the country.
Vectren, owner of utility firms in the US states of Indiana and Ohio, has unveiled plans to ditch more than 700MW of coal generation and partly replace it with up to 1GW of solar PV.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
With the continuing threat of wildfires in California, the state’s regulator has approved a plan to deploy distributed microgrids proposed by investor-owned utility (IOU) Pacific Gas & Electric (PG&E).
Yet another major green hydrogen initiative has seen the light in Australia, joining a recent flurry of activity in a year where countries are betting on the renewable gas as a COVID-19 recovery pillar.