[SMM PV News] US Energy Storage Hit by Policy Shifts

Published: Mar 12, 2026 15:14

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The era of 'cheap imported batteries' is ending for the US energy storage sector as heavy tariffs and the OBBBA's strict sourcing requirements force a rapid shift toward domestic manufacturing. While storage fared better than solar under the new policy landscape, developers are grappling with rising upfront costs, long interconnection wait times, and revenue unpredictability. This high-risk environment led to the cancellation of 20 GWh in planned manufacturing capacity and 79 GW of battery storage projects in 2025. Industry leaders warn that a conservative shift in capital—favoring established multinationals over startups—threatens early-stage domestic innovation and risks ceding the US competitive edge to China.

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