According to Wood Mackenzie, energy storage deployment numbers in the US broke records for three successive quarters with previous records “shattered” to finish the year.
There is a four-fold difference between how much energy storage the US Department of Energy (DOE) forecasted would be deployed by 2040 before the Inflation Reduction Act (IRA), and how much it now forecasts.
Battery storage developers and operators discussed the challenges and opportunities in the US market, on the first day of Solar Media’s Energy Storage Summit (ESS) USA 2024.
The COO of one of the few energy-storage focused lithium-ion gigafactory companies in Europe, Morrow Batteries, talked to Energy-Storage.news about the firm’s go-to-market strategy and what the future holds for Europe’s gigafactory space.
Europe’s response to the US’ Inflation Reduction Act (IRA) has been a big talking point at Giga Europe, and one panellist said the simplicity of the IRA has been key to its success.
System integrator Powin is working on a new grid-scale BESS product to compete with increasingly competitive product from China, senior VP Danny Lu told us, while also discussing its Waratah project in Australia and fire safety.
Investor NextEnergy Capital has received a US$110 million capital commitment for its solar PV and energy storage-focused fund, NextPower V ESG (NPV ESG).
The US Department of Agriculture (USDA) is putting US$2.3 billion into projects increasing energy resiliency in rural communities, with two energy storage projects already shortlisted for awards in Arizona and Nebraska.
Developer rPlus and utility PacifiCorp have amended an existing PPA for a solar-plus-storage project, to increase the energy storage resource’s planned size from 400MWh to 1,600MWh.
