government funding

September 24, 2021
Four flow battery manufacturing research and development (R&D) projects will each receive a share of US$17.9 million funding from the US Department of Energy (DoE).
July 9, 2021
New York Governor Andrew Cuomo has said the state is “exploring every resource available as a potential tool to address climate change,” as funding was announced for long-duration energy storage technologies along with investigation on the role of green hydrogen in decarbonisation.
July 5, 2021
The state government of Queensland, Australia, has committed to a AU$14 million (US$10.5 million) project to refurbish and modernise a 570MW pumped storage hydroelectric plant.
June 18, 2021
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
May 20, 2021
Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.
December 11, 2020
A AU$20.3 million (US$15.36 million) project to demonstrate the capabilities of utility-scale vanadium flow battery storage in combination with solar PV has been announced in South Australia, with the Federal government helping to fund the project.
April 15, 2020
Targeting a national economic goal in mind of making hydrogen competitive with natural gas, Australia’s government has put AU$70 million (US$44.3 million) into a “deployment funding round” for renewable hydrogen.
February 3, 2020
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
October 30, 2018
Nova, an Edinburgh-headquartered firm has claimed a world first in pairing Tesla batteries with its own tidal energy turbines in Scotland, supported by government funding.
September 19, 2018
Just over US$28 million has been awarded by the US Department of Energy to projects that could deliver energy storage durations of up to 100 hours, while also committing US$120m to the Joint Center for Energy Storage Research (JCESR).

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