A politically bipartisan effort to introduce investment tax credit (ITC) incentives to support and accelerate the deployment of energy storage in the US could be a “once in a generation opportunity” to protect the future of the earth.
The lion’s share of new funding announced this week to help scale-up potentially disruptive technologies by the Advanced Research Projects Agency – Energy (ARPA-E) of the US government Department of Energy (DOE) will go to battery and smart grid technologies.
A project which will combine and then assess four different types of non-lithium technologies for long-durations of energy storage has been awarded a grant by the California Energy Commission (CEC).
The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process.
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
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.
Construction work has begun on Technology provider Highview Power’s 50MW / 250MWh liquid air energy storage (LAES) facility in Greater Manchester, England.
The federal government of Australia has given Major Project Status to the Asian Renewable Energy Hub, which it said will include “the world’s largest wind and solar electricity plant,” producing green hydrogen and ammonia.
A 50MW / 75MWh battery energy storage system (BESS) project in Western Sydney, Australia, will receive AU$21.5 million (US$15.35 million) in assistance from the federal and state governments towards its total cost of AU$61.9 million.
