Gigafactory company FREYR Battery is making moves in the US market with the establishment of a technology centre in Boston and the appointment of a VP of operations there.
Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.
Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).
esla aims to reach annual deployments of energy storage totalling 1,500GWh by 2030, nearly four hundred times the amount it deployed last year, according to its 2021 recent impact report.
New York state is on course to meet its new 2030 target of 6GW of storage deployment, with storage projects in its interconnection queue growing 50% to 12GW.
