Australia’s New South Wales government has approved plans for a 500MW/2,000MWh battery energy storage system (BESS) being developed by energy generator-retailer EnergyAustralia.
European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.
Energy storage developer Eku Energy has started constructing a 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).
Solar PV and BESS firm Canadian Solar will build a BESS and cell manufacturing facility in Kentucky, in a factory which was recently vacated by metal-hydrogen battery company EnerVenue.
A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.
Li-Cycle has finalised a loan of nearly half a million dollars to with the DOE’s Loan Programs Office (LPO) scale up its battery recycling facilities in the US, with the near-term direction of the LPO under a Trump administration likely to change.
The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).
The US Treasury and Internal Revenue Service (IRS) have finalised the rules and process for the 45X advanced manufacturing tax credit, which effectively provides a subsidy to domestic clean energy technology manufacturing, including batteries.
We take a look at the UK government’s latest proposal for its long-duration energy storage (LDES) cap-and-floor scheme, how it’s different from the initial one, and get the views of LDES technology firm RheEnergise.
