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Utility Dive•12 days ago

•Treasury issued interim safe harbor guidance for calculating a project or component’s Material Assistance Cost Ratio (MACR).
•The guidance clarifies relevant MACR thresholds, which are critical for determining eligibility for certain clean energy tax credits.
•This regulatory update provides essential clarity for developers and IPPs on supply chain compliance and foreign entity of concern (FEOC) requirements.

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POWER Magazine•12 days ago

•Plus Power has brought online the 175-MW/350-MWh Cross Town Energy Storage facility in Maine, now the largest battery storage project in New England.
•This utility-scale battery project significantly enhances grid stability and flexibility within the ISO New England region, providing critical peak demand management and energy arbitrage capabilities.
•The successful deployment of such a large-scale storage asset demonstrates the increasing viability and market penetration of battery energy storage, setting a precedent for future development and investment in constrained markets.

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Energy Storage News•12 days ago

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