The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

tax credit

September 12, 2023
John Leonti, head of the energy transactional practice at law firm Troutman Pepper, reflects on the year since the Inflation Reduction Act (IRA) passed, and considers what we might see going forward, in a Q&A.
September 11, 2023
The Inflation Reduction Act brought a sense of confidence and certainty to the business of clean energy. Lawyers Adam Schurle and Morten Lund at Foley Lardner take a closer look at what that means for tax equity financing of energy storage, while exploring some of the questions still to be answered.
September 11, 2023
China-headquartered lithium-ion battery manufacturer Gotion High-Tech has announced a new US$2 billion gigafactory in Illinois, US, targeting the EV and energy storage system (ESS) markets.
September 7, 2023
Gore Street Energy Storage Fund and LS Energy Solutions are partnering on a 200MW/400MWh battery storage project in California.
June 20, 2023
The US Internal Revenue Service (IRS) has revealed how smaller and tax-exempt organisations can take advantage of clean energy investment tax credits (ITC), with guidance on direct pay and transferability.
May 30, 2023
Justin Rangooni, executive director of trade association Energy Storage Canada (ESC) takes us through some of the key developments to date.
April 27, 2023
Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.
April 27, 2023
LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.
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April 19, 2023
There is a long way to go before the new standalone storage investment tax credit (ITC) starts to really make a dent in the market, speakers and delegates at the Energy Storage Summit USA last month said.
March 30, 2023
Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

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