Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.

The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.

The Energy Storage Summit 2023 was attended by more than a thousand delegates and featured a veritable who’s-who of the sector.

Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

Energy storage developer Eolian has completed an investment in two standalone battery energy storage projects in Texas, which it claims is the first use of the Inflation Reduction Act’s new tax credit incentives (ITC).

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.

NV Energy has issued a request for proposals (RFP) for dispatchable energy and energy storage resources for the Nevada utility’s service area.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.