Andy Colthorpe takes soundings from key energy storage market players on their predictions for the industry in 2024, following a year of significant progress in 2023.
The Australian Renewable Energy Agency (ARENA) is funding trial deployments of two different non-lithium battery technologies at microgrids in Western Australia.
Gotion High Tech has continued its push into Japan’s battery storage market, forming a partnership with investor Daiwa and renewable energy engineering and O&M firm CO2OS.
For many years now, Spain has been one of the leading European markets for solar PV but has yet to meet the same outcome for energy storage. Sungrow has high expectations for this to happen in the coming years.
There is a four-fold difference between how much energy storage the US Department of Energy (DOE) forecasted would be deployed by 2040 before the Inflation Reduction Act (IRA), and how much it now forecasts.
A battery storage ‘gigafactory’ in India will commence operation in October this year, with a planned ramp-up to 20GWh annual production capacity within three years.
The Michigan Public Service Commission (MPSC) has approved a bid made by the DTE Electric Company to replace a coal-fired power plant in Michigan with battery storage.
Bulgaria’s Ministry of Energy has launched two tenders to add 1,425MW of renewable power generation to the grid and 350MW of battery energy storage system (BESS) projects.