The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

The high rates of return in the UK energy storage market seen in the last 6-12 months are unlikely to continue going forward as capex costs increase and ancillary markets saturate.

Insurance is a cornerstone of de-risking financing and investment into energy storage

Getting grid interconnection rights for energy storage in the US is difficult.

The World Bank’s International Finance Corporation is taking part in a study to assess how technologies like solar-plus-storage hybrids can provide baseload power in the Philippines.

India will not be able to meet its aim of becoming a global leader in battery manufacturing unless it establishes a value chain that embraces recycling.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Australia logged its first year of annual battery storage deployment exceeding 1GWh in 2021.

A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.

Battery storage will be a valuable asset for enhancing and upgrading the electric transmission and distribution (T&D) system of California.