The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.

Construction has started on two battery energy storage system (BESS) projects in Idaho which will be delivered by Powin Energy.

A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year.

Turkish company Kontrolmatik Technologies expects over US$900 million in incentives from the Inflation Reduction Act to 2032 for its US gigafactory, with Powin one of its first offtakers.

A roundup of US energy storage news from Powin Energy, Tesla and Homer Electric, and Rome-based Energy Dome.

Global battery energy storage system (BESS) integrator Powin has sold a minority stake to Samsung Venture Investment Corporation.

California investor-owned utility San Diego Gas & Electric (SDG&E) has selected Powin Energy as system provider for a 6.5MW / 26MWh battery energy storage project.

Powin Energy will supply a 30kW/40kWh battery system for the University of Washington’s Clean Energy Institute.

Southern California Edison awards Tesla Motors contract to build 20MW energy storage system in California before the year is out; new facility will provide renewed stability of energy supply following Aliso Canyon disaster last October.

US utility Southern California Edison (SCE) has selected energy storage manufacturer and developer Powin Energy, a subsidiary of Powin Corporation, to build a 2MW / 8MWh storage system for grid support and capacity services as a result of an emergency procurement call from the California Public Utilities Commission’s (CPUC).