tax credit

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February 5, 2025
BNEF analyst Isshu Kikuma discusses trends and market dynamics impacting the cost of energy storage in 2024 with ESN Premium.
January 3, 2025
Developer-operator Aypa Power has closed a US$190 million financing for the 200MW/400MWh Bypass BESS project.
November 28, 2024
SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.
November 28, 2024
A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.
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November 20, 2024
We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.
October 25, 2024
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.
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October 24, 2024
Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.
May 28, 2024
National Battery Strategy aims to make Australia a “globally competitive producer” of batteries and battery materials by 2035.
May 2, 2024
Battery energy storage system (BESS) developer-operator Plus Power has received a US$82 million tax equity investment from bank Morgan Stanley for an Arizona project.
April 24, 2024
The New York City Industrial Development Agency (NYCIDA) has approved five BESS projects while governor Kathy Hochul has announced groundbreaking on a sixth, all in all totalling around 42.5MW of capacity.

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