Energy Storage News•7 days ago
Greenflash Infrastructure safe harbours over 10GWh of Li-ion energy storage in US
Key Takeaway
This significant safe harbouring of 10GWh of storage capacity highlights the accelerating impact of the IRA on large-scale energy storage deployment, creating substantial future opportunities for developers and grid stability benefits for large power consumers.
AI Summary
- •Greenflash Infrastructure, backed by H.I.G. Capital, has safe harboured over 10 GWh of Li-ion energy storage capacity, securing eligibility for key tax incentives.
- •This substantial pipeline indicates rapid expansion in the US energy storage market, signaling future opportunities for developers and enhanced grid reliability for large power consumers.
- •The action of "safe harbouring" directly underscores the significant impact of the Inflation Reduction Act (IRA) and its Investment Tax Credits on accelerating large-scale storage deployment.
Topics
financingirapolicystorage