Japan has launched a subsidy programme to support the installation of lithium-ion battery-based stationary storage systems, offering to pay individuals and entities up to two-thirds of their purchase price.
The Rocky Mountain Institute has published a report which claims it could be possible, using PV coupled with storage, for portions of the USA to “defect” away from using grid networks entirely by 2030.
The utility-scale energy storage market will exceed US$2.5 billion in revenue by the year 2023, according to forecasting by Navigant Research, the research arm of consultancy Navigant.
