Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
Four battery energy storage system (BESS) units at a Microsoft data centre in Sweden from Saft have entered operation, while ABB has added ZincFive as a technology supplier for its own UPS solutions.
The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
Fastmarkets analysts Muthu Krishna and Phoebe O’Hara look at the potential of solid-state and sodium-ion batteries to scale up and ease the pressure on lithium-ion NMC and LFP battery chemistries, which currently dominate the EV and ESS markets.
With the RE+ clean energy expo in Las Vegas, US, coming to an end, we bring you a roundup of the major energy storage product announcements, including from Hithium, Sunwoda and Power Edison.