A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.

NV Energy has issued a request for proposals (RFP) for dispatchable energy and energy storage resources for the Nevada utility’s service area.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.

In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.

The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage.

President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.

The Inflation Reduction Act took a significant step forward over the weekend as US vice-president Kamala Harris cast a decisive vote.