Market Watch

January 29, 2015

This year will be the one when “PV energy storage systems (PVESS) make an enormous leap toward wide-scale adoption”, according to research firm IHS.

January 28, 2015

Investment bank Citigroup is predicting a 240GW global battery storage market worth US$400 billion by 2030 as increased deployment creates a “virtuous circle” of falling costs.

January 22, 2015

Energy storage and battery companies netted US$418 million in funding, while a further US$232 million changed hands in mergers and acquisitions (M&A) of battery or storage companies during 2014, according to a new report from Mercom Capital.

January 22, 2015

Energy security is a growing concern for economies across the world with electricity outages currently costing economies billions of dollars annually, driving electricity prices up. The US experienced nearly 700 power outages caused by severe weather between 2003 and 2012, costing the country up to US$70 billion annually.

January 15, 2015

Will the Indian battery market scenario witness a major change? As the power supply in the country continues to be unreliable, the role of batteries has to change from being an emergency back-up solution to a long time power/energy storage solution.

January 14, 2015

Two recent reports, one from credit rating and investment advisory agency Moody’s, the other from technology and tech market analysts Navigant Research, appear to show divergent views on the potential of distributed energy storage, including residential solar-plus-batteries.

December 24, 2014

Covering the energy storage market has been an interesting – if occasionally bumpy – ride so far and we can expect it to be an even more vibrant and action-packed space from here on in. From the top five most-read news stories to some great interviews via our regular guest blogs, we’ve rounded up some highlights from our year.

December 18, 2014

The US market for solar-plus-storage is predicted to grow more than twentyfold in the next three years, rapidly expanding from US$42 million in value this year to US$1 billion by 2018, according to GTM Research.

December 18, 2014

In the second part of his exploration of the areas of the world taking a lead in supporting the deployment of storage, Andy Colthorpe looks at Germany, Japan and Puerto Rico.

December 9, 2014

The growth of technologies such as PV and storage will hit utility company revenues to the tune of US$130 billion a year within a decade, according to a study published yesterday by management consultancy Accenture.

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