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.
Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
Standards, guidance and best practice relating to the installation and deployment of battery storage are often talked about in the industry, and rightly so. What is perhaps less often focused upon, is evaluation of the battery equipment itself before it even leaves the factory. PI Berlin’s Benjamin Sternkopf and Ian Gregory speak about their new lithium cell assessment service.
Stationary energy storage in support of electric vehicles (EVs) charging could reach a global installed capacity of 1,900MW by the end of 2029 according to a new Guidehouse Insights report.
