North America is currently leading the world for utility-scale energy storage deployments, but could be overtaken by the second-largest market, the Asia-Pacific region, as early as 2023, according to forecasting and analysis by Guidehouse Insights.
In this final piece of in-depth Battery Day coverage, let’s take a closer look at the technology, manufacturing techniques and value chain improvements Elon Musk and Drew Baglino talked about.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
Tesla hosted its Battery Day yesterday in California before a socially-distanced audience all sat in various electric cars from the company’s range and revealed its ambitious plans for more than halving the cost of battery production.
Chinese companies CATL and KSTAR have begun supplying ‘all-in-one’ single phase residential energy storage solutions in Europe, kicking off with the market for home storage in the Netherlands.
Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
The Solar Energy Corporation of India (SECI) has invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system in the state of Chhattisgarh.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Sodium-sulfur (NAS) batteries made by NGK Insulators will be supplied by a subsidiary of chemicals company BASF for power-to-gas projects by South Korean company G-Philos in global territories.
