Pump up the batteries, Joe!

The US Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape, reports pv magazine USA’s Michael Schoeck.

Issue 02 - 2023 | Take charge in 2023

Flow battery producer Invinity Energy is one of a number of companies supplying Native American projects in the United States, bolstered by subsidies as part of the IRA suite of measures.

Photo: Invinity

Stay informed

pv magazine is the leading trade media platform covering the global solar photovoltaics industry. Log in or purchase a digital or print version of this issue to read this article in full.
Purchase a Subscription
Lost Password?