US energy storage industry grapples complexity, cost of ITC tax equity transactions
The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.
New York regulators give utilities three-year extension on energy storage projects
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 building US factory with 16GWh dedicated to battery storage
LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.
Utilities in Wisconsin MGE, WEC invest in another large-scale solar-plus-storage plant
Madison Gas and Electric has purchased a solar and battery storage plant with combined capacity of 465MW with WEC Energy Group.
US installed almost as much battery storage in 2022 as previous two years combined
The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.
ROUNDUP: US virtual power plant news from Sunnova, Sunverge and Voltus
This edition of news in brief from around the world in energy storage focuses on virtual power plant action in the US.
US$750 million credit facility raised for US solar, battery storage by Origis Energy
Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US.
