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The budget reconciliation bill signed into law on July 4 (also known as the “One Big Beautiful Bill”) adds a new provision to the National Environmental Policy Act (NEPA) that allows project sponsors/applicants to pay for...more
On 15 July 2025, the German Federal Court of Justice (Bundesgerichtshof – “BGH”) made its awaited decision (case no. EnVR 1/24) on construction cost subsidies (Baukostenzuschüssen) for battery storage systems (“BESS”)....more
On May 26, 2025, after years of anticipation, Indonesia’s energy sector received a major boost : PLN secured the long-awaited approval from the Minister of Energy and Mineral Resources (Minister) for its new general plan for...more
On May 26, 2025, Indonesia’s minister of energy and mineral resources (MEMR) held a press conference themed “Increasing Security and Sustainability of National Energy” to announce the launch of PLN’s 2025-2034 Electricity...more
The generators providing electricity to a 13-state grid stretching from New Jersey to Illinois, including Ohio, will get a record $269.92 per megawatt-day from utilities to provide capacity over a 12-month period, which is...more
Following the United Kingdom’s exit from the European Union (Brexit), the landscape for renewable energy targets has shifted. The Ukraine-Russia War, the Russia-EU gas dispute, and the ongoing turbulence in the Middle East...more
The fund will dedicate €100 billion to energy transition, enhancing private sector involvement and promoting economic growth and technological innovation....more
On March 11, 2025, the Department of Energy Security and Net Zero and Ofgem published the much anticipated Technical Decision Document (TDD) to confirm details of the cap and floor scheme for LDES. The scheme provides an...more
The energy storage industry has continued to progress over the course of 2024 and into 2025, buoyed in significant part by the federal income tax benefits in the form of tax credits enacted under the Inflation Reduction Act...more
Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding rapidly in order to support grid resiliency. Through 2030, the global energy storage market...more
As investment in renewable energy generation continues to rise to match increasing demand so too does investment, and the opportunity to invest, in energy storage. Estimates indicate that global energy storage installations...more
A recent order by the Acting Minister of Energy of the Republic of Kazakhstan made amendments to the rules for organizing and conducting auctions for renewable energy source projects. The order will go into effect on February...more
For investors, excitement in the renewable energy landscape is palpable. Renewable energy capacity is being added to the world's energy systems at the fastest rate in two decades, prompting the International Energy Agency to...more
BESS Opportunities in Chile Battery storage projects cannot come soon enough for Chile. While Chile has been at the forefront of renewable energy generation growth in Latin America for close to a decade, that growth has most...more
The Biden administration is making available $20 billion from a federal "green bank" for clean energy projects such as residential heat pumps, electric vehicle charging stations, and community cooling centers....more