General Electric, Siemens Gomesa, and Vision Energy are ranked third to fifth, with newly added installed capacity of 11. At this point, the top five wind turbine manufacturers hold nearly 60% of the global market share.
The latest National Fire Protection Association (NFPA) standard for the Installation of Stationary ESS, NFPA 855, expands battery chemistry coverage, adds hazard mitigation analysis and large-scale fire testing, and introduces new emergency response requirements.
The Inflation Reduction Act modifies and extends the clean energy Investment Tax Credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage, and other renewable energy projects that meet prevailing wage standards and employ a sufficient proportion.
The "Special Action Plan for Large-Scale Construction of New Energy Storage (2025-2027)" released by the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) outlines a roadmap to scale up energy storage to support the country's rapidly.
Department of Energy (DOE or the Department) is revising its National Environmental Policy Act (NEPA) implementing procedures (regulations) to add a categorical exclusion for certain energy storage systems and revise categorical exclusions for upgrading and rebuilding.
NFPA 855 serves as the standard for the installation of stationary energy storage systems, addressing critical aspects such as design, construction, installation, commissioning, operation, maintenance, and decommissioning.
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