The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero.
Turkey and India’s policies towards battery imports and domestic production, astonishment at China’s 2023 deployment figures and sifting through some ‘bragawatt-hour’ claims in this week’s Friday Briefing.
The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
The Q4 2023 edition of our downstream solar PV journal, PV Tech Power, is now available to download, leading with a focus on solar PV’s resilience against extreme weather.
At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.
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.
Renewable energy firm Enlight has commissioned two solar-plus-storage projects in Israel in the last few weeks, totalling 71MWh of energy storage capacity.
