Andy Colthorpe takes soundings from key energy storage market players on their predictions for the industry in 2024, following a year of significant progress in 2023.
Gotion High Tech has continued its push into Japan’s battery storage market, forming a partnership with investor Daiwa and renewable energy engineering and O&M firm CO2OS.
According to Wood Mackenzie, energy storage deployment numbers in the US broke records for three successive quarters with previous records “shattered” to finish the year.
For many years now, Spain has been one of the leading European markets for solar PV but has yet to meet the same outcome for energy storage. Sungrow has high expectations for this to happen in the coming years.
There is a four-fold difference between how much energy storage the US Department of Energy (DOE) forecasted would be deployed by 2040 before the Inflation Reduction Act (IRA), and how much it now forecasts.
What is thought to be the largest vanadium redox flow battery (VRFB) at a solar farm in Europe has been switched on by Enel Green Power in Mallorca, Spain.
A battery storage ‘gigafactory’ in India will commence operation in October this year, with a planned ramp-up to 20GWh annual production capacity within three years.
