A “once-in-a-generation” commitment to invest in the US’ national infrastructure includes financial support for energy storage supply chains and renewable energy deployment, but not the investment tax credit for standalone energy storage.
The European Union has raised the bar for standards in the battery supply chain with a set of regulations it intends to introduce, but a group of academics and industry experts has pointed out some drawbacks with its approach. One of those experts talks to Energy-Storage.news about the implications for stationary energy storage systems.
Australia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wider pledge to support resources and critical minerals sectors in the country.
Companies in the battery storage industry raised US$9.6 billion in corporate funding during H1 2021, with European manufacturing startup Northvolt once again the biggest single recipient of venture capital (VC) investment.
India’s government is set to launch 1,000MWh tenders for energy storage across each of four Regional Load Dispatch Centres (RLDCs), the country’s Minister of Power and New and Renewable Energy said at an event last week.
US Secretary of Energy Jennifer Granholm spoke of the urgent need to create an advanced battery manufacturing value chain at a roundtable event with representatives of industry. Here are some of the key points and takeaways.