Energy storage developer and system integrator Energy Vault has successfully closed a US$18 million financing for its Cross Trails battery energy storage system (BESS) project in Scurry County, Texas, US.

London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has entered into an agreement to sell its investment tax credits (ITCs) for the Big Rock energy storage project in California, US.

California community choice aggregator Ava Community Energy’s new BESS offtake agreements with EDP Renewables incorporate measures to share policy risks.

Peak Energy president and CCO Cameron Dales speaks with Energy-Storage.news about the state of the battery storage industry after the signing of the Budget Reconciliation Act into law.

US energy storage projects that begin construction by the end of 2033 will remain eligible for investment tax credit (ITC) incentives.

As US Senators vote on the tax reconciliation bill, experts Jessica Dunn of Union of Concerned Scientists (UCS) and Tonja L. Wicks of esVolta discuss its potential impact.

US battery storage deployments could fall by 29% in 2026 due to ongoing policy uncertainty, according to Wood Mackenzie.

Intersect Power has become the latest player in the energy storage space to feel the adverse effects of tariff increases and policy uncertainty.

LCOS for battery storage in the US has declined enough recently to offset increases between 2021 and 2024, according to Lazard.

US energy storage markets could see a “last-minute rush” followed by plummeting installation numbers if tax credit incentives are cut.