We hear from developers, IPPs and upstream battery sources about the US’ decision to massively hike tariffs on batteries and battery components from China.

The Biden Administration will more than triple the tariffs paid on batteries and battery parts imported from China, from 7.5% today to 25%, in a huge move for the industry announced today.

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

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

Actions taken this month by the US government to support solar industry unlikely to come at the expense of support for energy storage.

Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.

Solar Media’s Liam Stoker and Andy Colthorpe return for the July 2020 episode of the Solar Media Podcast.

Energy-Storage.news editor Andy Colthorpe shares his top takeaways from last week’s Solar Power International convention, incorporating Energy Storage International and hosted this year at the North American Smart Energy Week in Utah.

Strong deployment figures have been posted for the US’ energy storage market in both residential and non-residential segments in the past quarter, amid warnings that an escalating trade war with China could dampen some of that enthusiasm if tariffs are applied.