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CleanTechnica•3 months ago

•Global renewable energy employment reached 16.6 million people last year, as reported by IRENA's 'Renewable Energy and Jobs Annual Review 2025'.
•This significant job growth highlights the rapid expansion and increasing maturity of the renewable energy sector worldwide.
•For developers and IPPs, this indicates a robust and growing market with a substantial labor pool, signaling continued investment opportunities and project viability.

storage

Energy Storage News•3 months ago

•New FEOC restrictions and a 25% Section 301 tariff on Chinese-origin battery energy storage systems (BESS) are now in effect as of January 1, 2026.
•These policy changes will directly increase the procurement costs for BESS projects in the US for developers and large power consumers.
•A potential slowdown in the EV market is anticipated to ease battery supply constraints, which could offer a partial offset to the increased costs from tariffs and FEOC, providing a 'lifeline' for US energy storage deployment.

storage

Energy Storage News•3 months ago

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