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The move follows a year-long investigation into alleged unfair trade practices and significantly increases duties on key lithium-ion battery inputs, reshaping the competitive landscape for U.S. manufacturers and Asian suppliers.
The Canadian pension fund will invest alongside I Squared Capital in Inkia Energy, which operates a 2.6 GW generation portfolio in Peru and is developing more than 4 GW in wind, solar, gas and battery storage projects.
Six lithium-ion battery projects secure 14-year contracts, exceeding targets and accelerating New South Wales’ long-duration storage roadmap towards 2030 and 2034.