25, June 2025 — Iraq is accelerating its renewable energy expansion through a national solar plan and attractive financial incentives, paving the way for increased adoption of home-based energy storage technologies.
[pdf] For new energy storage stations with an installed capacity of 1 MW and above, a subsidy of no more than 0.3 yuan/kWh will be given to investors based on the amount of discharge electricity from the next month after grid connection and operation, and the subsidy will not last for more than 2 years.
[pdf] China has expanded its pension wealth management pilot nationwide, a major step toward building a private pension system that could unlock up to 30 trillion yuan (about US$4.2 trillion) in long-term savings.
[pdf] The city council's Energy Resilience Act 2024 mandates 2-hour storage for all new solar installations above 5MW. Plus, there's the juicy 25% tax credit for behind-the-meter systems—a game-changer for hospitals and data centers. Over 200 businesses have applied for storage grants since January.
[pdf] Well, their new 1MW energy storage subsidy policy might just be the game-changer. Launched in March 2024, this initiative offers up to €250,000 for businesses and homeowners installing battery systems paired with renewable sources.
[pdf] On 28 June 2024, the Finnish government published key details of a planned tax subsidy for large industrial investments. The initiative seeks to accelerate investments in the green transition, with the government bill expected to be presented to the Parliament in October 2024.
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