1. Groups Petition Congress for Stand-alone Energy Storage Tax Credits

    Groups Petition Congress for Stand-alone Energy Storage Tax Credits

    The Energy Storage Association and 36 other companies and associations on Friday sent a letter urging congressional leadership to provide clarity on the eligibility of energy storage for the Investment Tax Credit (ITC). The signatories, which include AES Energy Storage, E.On North America, Invenergy, LG Chem and Stem, say developers of energy storage projects face uncertainty because the rules governing the ITC for energy storage are often decided on a case by case basis.

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