Many states have developed support and incentives for behind the meter energy storage deployments, including California, New York, Massachusetts, and New Jersey, among others, with the list growing
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The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world''s two largest markets, the US and China, the sector
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Accelerated by DOE initiatives, multiple tax credits under the Bipartisan Infrastructure Law and Inflation Reduction Act, and decarbonization goals across the public and private sectors, energy storage will
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Clean energy trade body American Clean Power Association (ACP) announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and
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The United States requires substantial funding for energy storage to facilitate a transition to renewable energy sources, bolster grid reliability, and stimulate economic growth.
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A new governmental initiative is on the horizon, focused on establishing a funding scheme to enhance energy storage viability. Designed to fortify grid stability and promote the swift integration
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While lenders may need to undertake additional diligence before financing an energy storage project, the project finance market for energy storage has and is continuing to grow
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As the share of U.S. power generation from variable renewable energy (VRE) grows, a new vision is taking shape for long-duration energy storage (LDES) to ensure affordable and reliable electricity.
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To that end, OE today announced several exciting developments including new funding opportunities for energy storage innovations and the upcoming dedication of a game-changing new
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Enactment of the Inflation Reduction Act of 2022 (IRA), which contains significant incentives for energy storage, including availability of the investment tax credit and new manufacturing credits, stimulated
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