The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Grid Scale

March 19, 2021
Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.
March 19, 2021
A combination of renewable energy, energy efficiency and energy storage can be used to effectively retire New York City’s entire fleet of more than 6GW of peaker plants by 2030, a new study has found.
March 18, 2021
Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
March 18, 2021
US Secretary of Energy Jennifer Granholm said yesterday that flow batteries are “good for grid storage” as her Department of Energy (DoE) announced funding to support domestic manufacturing for the energy storage technology.
March 17, 2021
Energy storage project developer Convergent Energy + Power has contracted GE Renewable Energy to supply key equipment to a three-site large-scale solar-plus-storage hybrid resource project in New York State.
March 17, 2021
Stem Inc has revealed its financial results for 2020 ahead of listing on the New York Stock Exchange, admitting that despite expecting a fourfold increase in revenues this year, the company is unlikely to achieve profitability until at least the end of next year.
March 16, 2021
Large-scale Vanadium redox flow battery (VRFB) technology looks set to be deployed at a 100MW solar energy power plant in China, two years after a smaller-scale demonstration project was commissioned in the region.
March 16, 2021
The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we take a look at US Energy Secretary Jennifer Granholm’s in-tray and explain why solar module prices could be set for a short-term price increase.
March 15, 2021
Two standalone battery energy storage systems (BESS) totalling 200MW of output will be deployed in Texas’ ERCOT market by the energy division at Wärtsilä Corporation.
March 15, 2021
Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said.

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