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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 play a key role in the shift to a
New York Gov. Kathy Hochul, D, has issued nearly $15 million in funding to four long-duration energy storage demonstration projects, the New York State Energy Research and
Con Edison and Orange & Rockland are seeking bids for the scheduling and dispatch rights for bulk-connected energy storage projects.
On May 13, 2025, the New York State Energy Research and Development Authority ("NYSERDA") released a draft Index Storage Credit Request for Proposals (ISCRFP25-1) for bulk
US community-scale battery energy storage systems (BESS) developer NineDot Energy has secured funds to buy the equipment needed for nearly 100 MW/400 MWh of battery energy
The US state aims to get to 6GW of energy storage by 2030 – equivalent to 20% of its expected peak load – helping enable it to meet 70% of electricity demand with renewable energy.
The IDA has supported approximately 254MW of battery storage capacity in New York City, generating more than $400 million of private investment and supporting progress toward the
The US Department of Energy has committed $325 million to nine diverse Long-Duration Energy Storage (LDES) demonstration projects, a critical move to solve the intermittency challenge
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
NY Green Bank has been working closely with the energy storage industry and capital market participants to unlock the significant amount of private investment that will be necessary to create a
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