US president Donald Trump will enact an additional 10% tariff on goods from China, affecting batteries and BESS, on top of a previously-announced tariff increase set to come in next month.
The European Union (EU) has launched the Clean Industrial Deal and Affordable Energy Action Plan, which dedicate at least €100 billion towards boosting industry, manufacturing and speeding up the rollout of renewables and energy storage.
The Indian Central Electricity Authority has advised state utilities and all renewable energy implementing agencies to co-locate energy storage systems (ESS) with solar PV in future tenders.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.
IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.