US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.

Energy storage system (ESS) executives from Northvolt and Fluence discussed the battery and battery storage manufacturing ecosystem in Europe in separate interviews whilst at the Energy Storage Summit Central Eastern Europe (CEE) recently.

The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.

Energy-Storage.news caught up with Yann Brandt, chief commercial officer (CCO) at FlexGen, the US system integrator with a strong focus on software through its Hybrid OS controls platform.

LS Energy Solutions brought the first container which will be deployed at a 200MW project in California to this year’s RE+ 2023 trade show.

Fluence president Americas John Zahurancik spoke with Energy-Storage.news at RE+ 2023 last week, discussing a broad range of industry talking points.

A multi-year offtake deal and technology partnership between Kore Power and Nidec were among the flurry of deals announced at RE+ last week.

Saft, arguably one of the pioneers of large-scale battery storage in the US, is putting efforts into regaining a presence in that market.

A dedicated energy storage investment division has been launched by Foss & Company, an investment and investment services firm which specialises in tax credit transactions, with US$3 billion targeted by 2028.

John Leonti, head of the energy transactional practice at law firm Troutman Pepper, reflects on the year since the Inflation Reduction Act (IRA) passed, and considers what we might see going forward, in a Q&A.