The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.
UK utility SSE has put £100 million (US$123 million) into its Coire Glas pumped hydro project in Scotland for pre-construction activities, but said that new policy is needed for it go to final investment decision (FID).
The first phase of a residential battery storage program in the US state of New Hampshire has met all its conditions and saved the utility “more than expected” after an initial 100 units were deployed.
The US is now taking the stance on climate change its European counterparts have been demanding for years, the Department of Energy’s Jigar Shah told Energy-Storage.news in a wide-ranging interview.
Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.
The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC.
More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act, according to a new study.