The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.

Scale Microgrids Solutions will build a renewables microgrid for a Native American tribe in California, announcing the new project a few weeks after securing a US$225 million debt facility.

New York is often considered among leading US states for energy storage, based on ambition and favourable policy direction rather than action.

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.

US energy efficiency and renewables company has entered into “strategic relationship” with Australian flow battery provider.

Adapting transmission infrastructure and accurately valuing energy storage are the major challenges to deployments in the US today, said panellists on the Keynote discussion at Energy Storage Summit USA today.

The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.

The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.

LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.

The US is now taking the stance on climate change its European counterparts have been demanding for years, the Department of Energy’s Jigar Shah told Energy-Storage.news in a wide-ranging interview.