Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS.
Australia’s Prime Minister Scott Morrison has announced financial support for four technology sector manufacturing projects, including a vanadium processing plant.
New guidelines for procurement and utilisation of battery energy storage systems (BESS) as assets for generation, transmission and distribution and ancillary services have been published by India’s Ministry of Power.
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage.