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Reducing battery storage taxes key to managing Brazil’s electricity price hikes
Brazil's solar trade body Absolar says reducing the tax burden on battery energy storage systems could reduce almost BRL 1 billion ($177 million) of curtailment-related clean energy losses since 2022 and help keep energy bills down.
13 hours ago
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German state Schleswig-Holstein promotes commercial energy storage
Small and medium-sized companies can apply for financial support for storage systems. Electricity storage facilities must obtain at least 75% of their annual energy from a directly connected renewable energy plant to be eligible for a grant.
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Reducing battery storage taxes key to managing Brazil’s electricity price hikes
Brazil's solar trade body Absolar says reducing the tax burden on battery energy storage systems could reduce almost BRL 1 billion ($177 million) of curtailment-related clean energy losses since 2022 and help keep energy bills down.
Advertisement
German state Schleswig-Holstein promotes commercial energy storage
Small and medium-sized companies can apply for financial support for storage systems. Electricity storage facilities must obtain at least 75% of their annual energy from a directly connected renewable energy plant to be eligible for a grant.
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Imported LFP battery cells from China could be cheaper than US-made products even after tariff hikes
While all lithium iron phosphate (LFP) battery cell supplies to the US currently come exclusively from China, local players are ramping up to start supplying the market from 2026 onwards. Different outcomes are on the table depending on the tariffs applied.
Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
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