There has been US$150 billion of announced investments into the US’ upstream and downstream clean energy industry since the Act was passed, according to American Clean Power (ACP).
There is a long way to go before the new standalone storage investment tax credit (ITC) starts to really make a dent in the market, speakers and delegates at the Energy Storage Summit USA last month said.
The Ministry of Economy and Sustainable Development in Croatia has issued a €60 million (US$66 million) Call for Funds which seeks projects for renewables, energy efficiency and energy storage totalling 20MWh.
Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.
The massive buildout of battery storage in the ERCOT, Texas market and the risk of market saturation was a huge talking point at Energy Storage Summit USA last month.
A solar-plus-storage project is being planned for the legislative capital of South Africa, as the city looks to move “away from Eskom reliance and towards a load-shedding-free Cape Town”, its Mayor said.
A senior executive from the US’ second-largest grid operator MISO sat down with Energy-Storage.news to discuss the challenges that come with a soaring energy storage market.
Developer Giga Storage has acquired a closed distribution grid in Groningen, the Netherlands, with the aim of deploying large-scale battery storage projects at the site.
