With the intensification of geopolitical factors, the prices of natural gas and electricity are expected to remain high for a long time. Therefore, the economy of solar energy is rapidly highlighted, and the penetration rate is expected to accelerate.
1.USA:
For energy storage systems with more than 5kwh, a maximum of 30% investment tax deduction will be given by 2026. Among them, investment tax deduction (ITC) is a tax deduction policy issued by the government to encourage green energy investment. Energy storage projects charged by photovoltaic can deduct the tax payable according to 30% of the investment in energy storage equipment.
2.JPN
The Ministry of economy, industry and trade of Japan has invested about US $98.3 million in the budget to provide 66% cost subsidies to households and businesses installing battery energy storage.
3.AUS
The South Australian government launched the “home battery program”, providing a subsidy of $100million to help 40000 families install energy storage systems. The amount of regular subsidy is $500/kwh, and low-income households enjoy $600/kwh.
4.IT
The national tax relief for photovoltaic and energy storage systems related to renovation projects was increased from 50% to 110%. Lombardy regional government allocated 10million euros to apply for a 50% discount for users who purchase a complete set of optical storage systems or purchase supporting energy storage systems for existing photovoltaic systems; Each applicant can receive a subsidy of up to 100000 euros.
5.SEW
The subsidy supports the installation and application of the energy storage system supporting household photovoltaic, including the battery, BMS and other components in the energy storage system. The upper limit of the subsidy is SEK 50000 (us$5600), which can account for up to 60% of the system cost.
