Three key factors to U.S.’ lead in energy storage industry
The U.S. added 1.4 GW / 3.5 GWh of electrochemical energy storage capacity in 2020. In 2021, the nation accumulated 3.5 GW / 10.5 GWh of installed ESS capacity, approximately 300% of growth, with the front-of-the meter (FTM) market contributing 3 GW / 9.2
Global battery capacity could hit 1,500 GWh by 2023 amid EV battery shortage and rising prices
Tesla delivered 936,172 electric vehicles in 2021, a 90% astounding increase. The figure not only underlines the blowout growth of the EV sector but suggests a supply-demand competition and production capacity crisis in the lithium-ion battery industry.
InfoLink to launch 2H21 Solar-plus-storage Global Market Report, helping businesses gain insights
InfoLink introduces Solar-Plus-Storage Global Market Report, which features analysis and forecast for major front-the-meter and behind-the-meter C&I storage, behind-the-meter residential markets in China, the U.S., Europe, Japan, and Australia, the assess
Japan, Germany homes see 2% of storage installation amid growing solar-plus-storage deployment
Presently, major residential PV markets include Japan, Germany, Australia, and the U.S., with Australia having the highest installation at 20%, whilst those of Japan and Germany sitting at around 10%. Despite high installation volume, the U.S. saw merely
Post SNEC 2021: China’s cumulative installed electrochemistry energy storage capacity could reach 60 GWh by 2025
Although energy storage in China has seen its prospects lay ahead, China’s cumulative installed electrochemistry energy storage capacity will reach 60 GWh by 2025.
Business models for behind-the-meter markets: Community energy storage
One typical example of community energy storage is the sonnenCommunity introduced by Sonnen GmbH. Just like an aggregator in the grid, the sonnenCommunity connects homes with solar and energy storage systems and effectively distribute power through smart
Solar-plus-storage systems could save at least 50% annual electricity bill for German households
If high ESS equipment costs and the ratio of solar-plus-storage capacity and electricity consumption can be optimized, solar-plus-storage systems are expected to save 50% on electricity costs for German households from 2025 onwards.