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Market Analysis

CATL EnerC liquid-cooled BESS unit at a March 2023 trade show in Tokyo, Japan. Image: CATL

Chinese clean energy players CATL, Jinkosolar, Sungrow take battery storage to Japan market

March 21, 2023
At World Smart Energy Week in Japan last week CATL, Jinkosolar and Sungrow exhibited battery storage products.
Edison Power and Gotion executives sign the deal. Image: Gotion High-Tech.

Gotion enters Japanese large-scale battery storage market with Edison Power agreement

March 20, 2023
Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.
Domestic and international battery manufacturers have been supported by the European Commission's European Battery Alliance to date, but the latest announcements aim to provide a framework to boost industrial competitiveness and accelerate the EU's energy transition. Pictured is a lithium battery cell produced in Sweden by Northvolt, a European startup supported by the Alliance. Image: Northvolt.

European Commission’s Net Zero Industry Act includes energy storage as eligible technology  

March 16, 2023
European Commission’s categorisation of energy storage technologies in the Net Zero Industry Act is a “huge victory,” one source said.
Image: Wood Mackenzie Power & Renewables.

US installed almost as much battery storage in 2022 as previous two years combined

March 15, 2023
The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.
This edition’s cover story focuses on agrivoltaics. Illustration by Luca D’Urbino for Solar Media.

PV Tech Power 34 out now: Agrivoltaics and offshore solar, Europe and New York’s BESS markets

March 15, 2023
The Q1 2023 edition of our downstream solar journal, PV Tech Power, is now available, including comprehensive coverage on agrivoltaics.
european union

European Commission’s ‘raised ambition’ for energy storage in Electricity Market Design welcomed, with caveats

March 15, 2023
Initial reaction to the European Commission’s proposal on Electricity Market Design reform has been largely positive.
Keeping the lights on while decarbonising will require far more energy storage than the EU market is set up to facilitate, the EC said. Image: NASA.

Energy storage to ‘underpin EU’s secure and decarbonised energy system’ through new strategy

March 14, 2023
European Commission (EC) strategy puts energy storage as cornerstone of a decarbonised and secure energy system for the EU.
berenberg swiss life asset managers german utility scale energy storage market bcp battery holding
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Energy storage given ‘strongest legislative treatment yet’ in leaked European Commission Electricity Market Design

March 13, 2023
European Commission wants to advance the use of energy storage in managing supply and demand of electricity, according to a leaked document.
Large-scale fire testing of the type carried out on Wärtsilä's Quantum products, looks likely to become industry-wide in the US. Image: Wärtsilä.

Fire safety is crucial to the growth of energy storage in 2023

March 8, 2023
Energy storage’s incredible versatility and usefulness can’t be fully unleashed without a comprehensive approach to fire safety.
There was a packed house across all three streams of content. Image: Gareth Davies / Solar Media

Five things we learned at the Energy Storage Summit 2023

March 7, 2023
The Energy Storage Summit 2023 was attended by more than a thousand delegates and featured a veritable who’s-who of the sector.

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Powin could cease operations by end of July if ‘present business circumstances do not improve’

ROUNDUP: FlexGen data centre partnership, Energy Vault ERCOT BESS for Jupiter Power, Stem supports rPlus Energies in Utah

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

US import tariff analysis spells out extent of challenge facing US battery storage industry

California launches US$280 million solar and battery programme for low-income households

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California Energy Commission public information meeting for Engie BESS project draws huge interest

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