China’s share of the lithium-ion battery cell production capacity market is set to fall from 75% in 2020 to 66% in 2030, according to Clean Energy Associates in a new report.
Technology group Honeywell’s energy storage solutions arm will supply a 20MW/80MWh battery system for renewables group Hecate Energy’s solar farm in New Mexico, USA.
Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.
The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s battery energy storage system (BESS).