Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage.
In the third quarter of 2021, almost as much energy storage was deployed in the US as was recorded for the whole of 2020, when the industry surpassed a gigawatt of installations for the first time ever.
The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation.
Now that the infrastructure deal finally looks to be in the bag, what does it really mean and what does the energy storage industry think about it? Energy-Storage.news gathered some views.
Hawaiian Electric is launching its newest “all-source” renewable energy procurement for capacity and grid services on the eastern side of Hawaii Island.
Puerto Rico Electric Power Authority (PREPA) has sought approval for the launch of its latest Request for Proposals (RfP) for renewable energy and energy storage resources.
Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables.