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.

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

The German battery storage market continues to be dominated by the residential segment which accounted for 93% of the 1,350MWh of capacity installed last year, according to research by a group of Aachen-based institutions.