A project combining solar generation and battery storage to provide 1GW of ‘round-the-clock’ dispatchable power was unveiled at Abu Dhabi Sustainability Week (ADSW).
Energy storage deployments globally increased by over half in 2024, with the grid-scale segment the driver of this, market intelligence firm Rho Motion’s head of research writes in this contributed article.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.