In Short : Commerce Minister Piyush Goyal has urged India’s energy storage industry to reduce reliance on imports from specific countries, stressing the risks of supply chain disruptions and overdependence on critical minerals. Speaking in Italy, he called for greater domestic manufacturing and diversified sourcing to strengthen India’s energy security and resilience in the rapidly […]
US President Joe Biden signed the Inflation Reduction Act yesterday, bringing with it tax incentives and other measures widely expected to significantly boost prospects for energy storage deployment. “The Inflation Reduction Act invests US$369 billion to take the most aggressive action ever — ever, ever, ever — in confronting the climate crisis and strengthening our […]