Energy storage could save taxpayers in Germany some €3 billion (US$3.3 billion) in subsidies for renewable energy assets by 2037, simply by increasing demand in the wholesale electricity market.

A permit has been granted by local authorities in California for a battery storage project of up to 2,000MW output, which could host both lithium-ion and flow battery systems. 

India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10%, in a move which has been welcomed by the India Energy Storage Alliance (IESA).