In the increasingly competitive commercial-and-industrial storage market, IHS Markit expects the segment to grow 10-fold over the next five years – and ranks the companies that will lead the charge.
Japan may reach its 2030 solar installation target of 64 GW about 10 years ahead of schedule, according to a new report by PV consulting firm, RTS Corp.
GE Power has announced 12,000 jobs will go as part of its effort to cut structural costs by US$3.5 billion. Part of the reason for the move is the strong growth of renewables, and a softening of traditional power markets. Storage is said to be a “mega trend”.
A 1.2 MWh battery energy storage system (BESS) has been installed in the Czech Republic by Solar Global and Alfen. Plans for another, 10 MW, project have been revealed.
Lessons learned from solar failures could propel battery storage market to 12 GW by 2021, argues report by All-Party Parliamentary Group on Energy Storage, which implores government to be “on the front foot” when it comes to seizing ways to ensure energy security for the nation.
German PV equipment manufacturer to team with Kiel University to develop scalable production of silicon anodes to boost lithium-ion battery performance.
The Tesla chief laid down the gauntlet earlier this year, confidently tweeting that his team could have the world’s largest battery online within 100 days of signing the contract. The lithium-ion South Australia project was actually completed in 60 days.
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
Partnership between Coventry City Council, University of Warwick’s WMG and Warwickshire Local Enterprise Partnership to receive sizable investment from British government to build and maintain world-leading storage research and production facility.
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