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US blocks certification of new foreign-made solar inverters and BESS equipment
The US Federal Communications Commission (FCC) has tightened security rules for grid-connected power electronics, preventing certification of new foreign-made solar inverter and battery storage equipment models that do not meet new national security requirements.
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Energy storage and grid prioritized by Australian state’s $635m fund
The New South Wales (NSW) government will channel up to AUD 1 billion ($635 million) into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Minister: Behind-the-meter storage eligible for Spanish grid capacity mechanism
There was only one policy announcement of note, in the face of numerous industry demands, at Spain's third Green Hydrogen and Storage Summit, organized by the Spanish Solar Photovoltaic Association (UNEF) in Madrid this week.
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Cyprus introduces energy storage subsidy scheme
Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems that can be added alongside existing renewable energy plants. Eligible renewable power plants should be remunerated either by feed-in tariffs (FiTs) or net billing systems.
A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Feb 10, 2025
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Tesla to build battery ‘re-manufacturing’ facility in Western Australia
The electric vehicle (EV) and energy storage brand will expand its presence in Australia with a “re-manufacturing” facility at Collie, in Western Australia’s (WA) southwest, to service its grid-scale and residential battery energy storage products.
Energy storage among tax-exempt proposals in Bangladesh
Bangladesh’s government has proposed exempting renewable energy equipment, including energy storage systems, from import duties and value-added tax (VAT) under its draft Renewable Energy Policy 2025. If approved, the provisions would take effect upon publication in the country's official gazette.
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