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In Brazil, batteries will now be subject to up to a 20% import tax
Following a decision by the Brazilian government, the three primary import classifications for batteries and energy storage systems will see their import tax rates rise to 20%. This move, aimed at capital and informatics goods, replaces the previous rates that ranged between 16% and 18%.
German TSOs introduce maturity-based procedure for grid-scale battery storage connections
The new procedure replaces the previously applicable first-come, first-served principle for grid connections of large plants with a capacity of 100 MW or more. The initial information and application phase is scheduled to begin on April 1. Any pending grid connection requests will be transferred to the new procedure.
Sungrow: Brazil tops 500 MWh of distributed battery storage, 650 MWh more expected in 2026
The manufacturer cites exponential growth in energy storage across residential, commercial, industrial, and agribusiness segments, fueled by blackouts, falling costs, the white tariff, and evolving ANEEL regulations.
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The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects are equally viable. At ABO Energy, we're witnessing a shift in the investment landscape, where preparedness is the key to success.
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Greek utility PPC plans 860 MW energy storage in mining region
Pumped hydro energy storage (PHES) and battery energy storage system (BESS) projects feature prominently in plans by the Public Power Corporation (PPC) for Western Macedonia, which also include solar, a 'hyperscale' data center, gas, and green hydrogen.
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