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.
New guidance from the US government clarifying rules around tax credit incentives for energy storage and offshore wind energy has been welcomed by clean energy trade associations.
UK energy storage firm AceOn has joined a call to reverse changes to Value Added Tax (VAT) rates applicable to energy storage systems that came into effect in the country in 2019.
Recommendations made to the government of India as it prepares to publish its union budget for 2020 from industry group India Energy Storage Alliance (IESA) include measures to support both the upstream of industry and the downstream of clean energy deployment.
We asked Dr Rahul Walawalkar, executive director of the India Energy Storage Alliance, three simple questions to illuminate what was achieved in 2018 and what held the market back, if anything. We also look ahead to this year and what we might expect to see going forward.
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
