fiscal policy

May 10, 2023
Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.
March 30, 2023
Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.
February 8, 2023
“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).
February 1, 2023
India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.
January 30, 2023
India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.
November 15, 2022
Long-duration energy storage (LDES) projects in the US will be able to compete for a share of “nearly US$350 million” of government funding.
November 4, 2022
Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.
February 18, 2022
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage. 
February 2, 2022
The Indian government’s decision to classify grid-scale energy storage as infrastructure addresses the industry’s “biggest concerns” by making investments easier to facilitate, Energy-Storage.news has heard. 
January 11, 2022
US$380 million in support for long-duration energy storage projects in California has been included in the state’s budget for 2022-2023. 

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