Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
June 2020’s episode of the Solar Media Podcast is now available to listen to, and it’s jam packed with insight and discussion around a flurry of activity in the US and Europe.
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
QCELLS has invested AU$5 million (US$3.45 million) in SwitchDin, an Australian distributed energy resources (DERs) software company that offers capabilities including virtual power plant aggregation and microgrid-forming.
Industry voices in the UK have said that electricity market activity during the COVID-19 pandemic shows that the network will become prohibitively expensive and possibly unmanageable without the further rapid deployment of energy storage.
Leclanché is undergoing a “strategic reorganisation” of the company and said it has secured funding for its manufacturing and R&D activities while also announcing a pivot towards becoming a “green tech software and systems integration company”.
Portsmouth International Port (PIP) on the south coast of England has announced it will pilot a new smart energy system that includes a novel energy storage solution.
