Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives
US tax credits for energy storage projects could be retained even if solar PV, wind and electric vehicle (EV) incentives face cuts.
California’s Fresno County introduces ‘fire mitigation payments’ for BESS projects
A fire protection and emergency services provider in California, US, has introduced a mandatory risk mitigation payment system for solar PV and energy storage developers.
US: Rising costs, tariffs, overseas production behind closure of AESI & Li-Cycle files Chapter 15
Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.
China dominates May global deployments with 11.2GWh, including 1GWh flow battery
China continues to dominate BESS deployments globally with 4.3GW/11.2GWh of deployments in May, including a 1GWh flow battery system.
US import tariff analysis spells out extent of challenge facing US battery storage industry
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
Powin could cease operations by end of July if ‘present business circumstances do not improve’
Battery energy storage system (BESS) integrator and technology provider Powin is at risk of shutting down its business within weeks.
Energy storage IPPs reveal impacts of tariffs and tax credit uncertainty: Stockpiles, strategy shifts and price increases
Matthew Biss looks at how energy storage companies plan and mitigate tariff and tax credit risks within an uncertain policy landscape.
Republican Senator praises energy tax credits during visit to Fluence factory in Utah
Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.
California CCA’s contract for KKR-owned BESS includes protections for tariff, tax credit risk
Even during times of turmoil for the US renewable energy industry, IPPs are continuing to secure long-term offtake agreements in California.
NGK sodium-sulfur batteries deployed at 70MWh Japan project, picked for pilot by US utility Duke Energy
Japanese manufacturer NGK Insulators’ proprietary battery tech features in a large-scale project that has just come online in its home country, as a pilot begins in the US.
