BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.

Hy Stor Energy is seeking funding from the US Department of Energy for its Mississippi Clean Hydrogen Hub (MCHH), a green hydrogen storage project.

Global battery storage system integrator Powin and recently-launched EPC firm Linxon have secured battery storage project contracts in ERCOT, Texas, totalling 400MWh and 200MWh respectively.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.

Portland General Electric has procured 400MW of BESS resources split across two large-scale projects in the Oregon utility’s service area.

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.

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.

The Iowa Utilities Board (IUB) has given the green light to a solar and storage project from National Grid Renewables, with a 50MW battery energy storage system (BESS).