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US president Donald Trump delivering the 2018 State of the Union address during his first term. Image: Flickr/ Trump White House Archived

US BESS investment ‘already impacted’ by tariffs, but industry predicted to remain resilient

April 14, 2025
Tariffs announced on ‘Liberation Day’ have already caused battery storage project deals to fall through in the US, Energy-Storage.news has heard.
Aerial view of the Chhattisgarh project, also enabled by SECI. Image: PIB Delhi

India: Modi welcomes biggest BESS, support for ‘Round-the-Clock’ renewables discussed

February 26, 2024
The largest battery storage facility in India is now online and was visited last week by the country’s Prime Minister, Narendra Modi.
Finance minister Nirmala Sitharaman (centre) unveiling the 2023-2024 budget this time last year, in New Delhi. Image: Union Gov't of India.

India urged to incentivise energy storage manufacturing and deployment with Union Budget

January 22, 2024
As India’s Union government prepares the fiscal year 2024-2025 budget for its unveiling, trade group India Energy Storage Alliance (IESA) has offered some recommendations to support the technology.
crimson largest biggest energy storage 2022 recurrent energy canadian solar tolling
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US Inflation Reduction Act, storage ITC ‘likely safe beyond 2025’s next debt ceiling discussions’

June 19, 2023
Inflation Reduction Act looks to be safe from cuts to maintain the national debt ceiling, according to Wood Mackenzie Power & Renewables.
A traditional lamp lighting ceremony at India Energy Storage Week 2023. Dr Rahul Walawalkar is third from left. Image: India Energy Storage Alliance.

Taking stock of energy storage in India in 2023

June 5, 2023
Dr Rahul Walawalkar, founder & president of IESA, gives us an exclusive recap from India Energy Storage Week.
Energy minister Chris Bowen (left) at Wallgrove, a 50MW/75MWh BESS project in Western Sydney, NSW, Australia. Image: Transgrid.

Tenders for firm renewable capacity in Australia ‘to generate AU$10 billion investment’

May 10, 2023
Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.
The majority of BESS deployed in Canada to date has been large behind-the-meter C&I systems in Ontario like the one pictured, but this could be set to change. Credit: PRNewsfoto/Convergent Energy + Power

Canada’s budget includes energy storage tax credit in wave of cleantech investment

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.
IESA president Dr Rahul Walawalkar (right) at a recent industry event. Walawalkar is also founder of the Alliance, and managing director and president at advisory group Customized Energy Solutions. Image: IESA via Twitter.

India’s Union Budget ‘supports energy storage supply chain, deployment and export potential’

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).
Finance minister Nirmala Sitharaman (centre) unveiling the 2023-2024 budget this time last year, in New Delhi. Image: Union Gov't of India.

India’s national budget includes viability gap funding for 4GWh of energy storage

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.
Battery swap station for light-duty EVs in India. Image: Sun Mobility.

India’s Union Budget ‘should include tax breaks for energy storage’

January 30, 2023
India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.

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