Suncast

The battery storage sector is [finally] stabilizing with 90% of the IRA tax credit rules now in place, providing developers more clarity and perhaps more certainty. However, domestic production, financing, and evolving tax credit policies still pose challenges, particularly to product development. As developers, you must contend with government policies, geopolitical tensions, supply chain disruptions, and safety concerns, all of which can delay projects and affect their long-term viability. And battery suppliers/manufacturers are all sorting out the wants versus the needs of developers as the market gets increasingly crowded & pushes the envelope on size & density.In a recent live discussion, Fluence President John Zahurancik addresses these complexities, highlighting efforts to expand U.S. battery production and improve safety through rigorous fire safety testing.Expect to learn:How storage wasn’t traditionally driven by policy, until the IRA & 45x, but policy is now reshaping storage