Energy-Storage.news Premium hears from Tom Cornell, CEO and President of Prevalon Energy, about the company’s strategies for navigating upcoming changes in the energy storage industry over the next year.
Foreign entity of concern (FEOC) restrictions and the scheduled Section 301 tariff increase to 25% on Chinese-origin battery energy storage systems (BESS) went into effect on 1 January 2026.
Shifting dynamics in the US’ BESS industry could mean that Chinese batteries are not even needed within the foreseeable future, a local consultant told Energy-Storage.news.
In a recently published interview with Energy-Storage.news Premium, CEO and President of Prevalon Energy, Thomas Cornell, spoke about the global consequences of the budget reconciliation bill.
According to the Q3 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), annual installations will not reach 2025 levels again until 2029.
CEA has recently released two battery energy storage system (BESS) reports for Q2 2025, the Energy Storage System Price Forecasting Report and the ESS Supply, Technology, and Policy Report.
Peak Energy president and CCO Cameron Dales speaks with Energy-Storage.news about the state of the battery storage industry after the signing of the Budget Reconciliation Act into law.
Publicly owned California utility Sacramento Municipal Utility District (SMUD) and developer D. E. Shaw Renewable Investments (DESRI) have executed a long-term power purchase agreement (PPA) for a 640MWh battery energy storage system (BESS) in California.