The energy storage arm of Canadian Solar said the technology ‘has more complexity than solar’ when it comes to nearshoring manufacturing away from China, and localised battery cell manufacturing could be part of the long-term strategy to leverage domestic content incentives.
Asked about US Inflation Reduction Act’s domestic content investment tax credit (ITC) incentives and broader approach to manufacturing, Canadian Solar subsidiary E-Storage’s VP commercial Jeff Roy told Energy-Storage.news: “Our strategy takes into consideration that energy storage presents more complexity in terms of policy and manufacturing compared to solar.”
https://www.energy-storage.news/canadian-solar-storage-more-complex-than-solar-localising-manufacturing-cells/