2025-01-13
IRA promotes the development of the US energy storage industry, and the US DOE increased investment
The passage of the IRA in August 2022 gave a major boost to U.S. energy security and climate change efforts. The IRA is expected to propel the U.S. energy storage industry into a new phase of development through generous grants of at least $369 billion, setting the stage for rapid growth over the next decade.