The US and China have announced a 90 day ‘pause’ on their huge reciprocal tariffs while they continue negotiations, with the effective tariff on BESS more than halving to around 60%.
We caught up with the president of OCI Energy, a developer-operator with a 4-hour BESS in Texas, about the longer duration, long-term project ownership and why the current US-China tariffs create a huge challenge for procurement.
A total of 26 battery energy storage projects in Japan have been selected for contracts through the Long-Term Decarbonisation Power Source Auction (LTDA) for 2024.
Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.