U.S. Battery Storage Is Booming ...Middle East

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U.S. Battery Storage Is Booming
source : OILPRICE ( Middle East ) () 42
Battery storage installations are soaring in the United States thanks to incentives in the Inflation Reduction Act (IRA), which offers, for the first time, tax credits for standalone storage capacity.  Total costs of batteries and storage systems have also dropped significantly over the past decade to incentivize more installations across America. In addition, collocating battery storage with solar generating systems has become a more popular choice among clean energy developers in the United States.  Last year, for example, solar + storage…

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