The Asia-Pacific region will continue to be the world’s leading centre of lithium-ion cell manufacturing for the next decade, but it won’t just be price reductions in batteries that will drive a 30% drop in front-of-meter battery storage in key markets China, Australia and South Korea.
The Solar Media Podcast returns for a new season to mark the new year. In this first episode of 2021, sponsored by SKE Engineering, Andy Colthorpe and Liam Stoker cast their gazes at the horizon and profile what the immediate future holds for the solar and storage industries.
Updated 7 January 2020: Contemporary Amperex Technology Ltd (CATL) will supply lithium-ion batteries to energy storage system integrator FlexGen for two large-scale energy storage projects totalling 220MWh in Texas.
China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
North America is currently leading the world for utility-scale energy storage deployments, but could be overtaken by the second-largest market, the Asia-Pacific region, as early as 2023, according to forecasting and analysis by Guidehouse Insights.
Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
