Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.
The results of Spain’s auction last week for 3GW of renewables capacity have been widely welcomed by the country’s solar sector, but calls have been made to tweak future auctions to support smaller-scale projects as well as encourage the participation of bids with energy storage.
Solar PV bidders secured two-thirds of allocated capacity in the first of Spain’s new renewable energy auctions, while energy storage was not included in any of the winning bids.
The first of Spain’s new renewable energy auctions is set to take place next week, as the country offers the possibility for bidders to include energy storage in their offers.
A plan to invest CA$2.5 billion (US$1.97 billion) in the clean energy economy by the Canada Infrastructure Bank could lead to involvement in one of the world’s biggest battery energy storage projects so far.
Virginia’s clean energy policies introduced during 2020 included the US’ biggest state-level target for deployment of energy storage – and the state’s regulator has now introduced the rules intended to enable achievement of that target.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
An agreement has been signed for a 100MW / 400MWh battery storage project in Queens, New York, by utility company Con Edison and Hanwha Group-affiliated renewable energy developer 174 Power Global.
A new strategic plan putting the New York Power Authority (NYPA) on the path to 100% carbon-free electricity by 2035 – five years earlier than the target set out in the US state’s policy goals – has been approved by the state public power organisation’s Board of Trustees.
The UK needs “robust energy storage technologies and clear strategies for implementing them,” to accelerate the transition towards decarbonisation, the lead author of a new roadmap detailing the role of energy storage technologies in the country over the next 10-15 years has said.
