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.

Eos Energy Enterprises won’t meet 2022 guidance but expects revenue recognition to be pushed out into next year.

Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.

Our series of exclusive RE+ 2022 interviews continues with Matt Harper and Matt Walz of flow battery company Invinity Energy Systems.

A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.

Inflation Reduction Act legislation is an unexpected “huge shot in the arm” for that could double the addressable domestic market.