The U.S. has been investing heavily in boosting its battery storage capacity and developing its electric vehicle EV battery manufacturing capabilities, and it seems that it has paid off as the country is now home to several massive battery projects with many more in the pipeline. Since the introduction of the Biden Administration’s Inflation Reduction Act IRA, the most far-reaching U.S.
” Now, California plans to develop one of the largest battery plants in the world, to commence operations later this year. The billion-dollar Nova Power Bank, managed by independent power producer Calpine, is being developed on the site of an abandoned gas-fired power plant project. Once complete, it is expected to provide power for 680,000 households for up to four hours when fully charged.
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