Companies such as Tesla who claimed that all of their EV batteries will be directly recycled instead of being repurposed for a second-life.
Up to 36,938.5MW of new energy storage capacity are expected to be installed for microgrid projects over the next ten years - Guidehouse Insights.
Continued improvements in manufacturing and supply chain efficiencies are expected to yield an additional 46% reduction in average lithium-ion cell prices.
The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.
Guidehouse Insights has named the leading commercial and industrial energy storage systems integrators.
Energy & Grid Management
SimpliPhi Power has announced a new partnership with Helia Technologies to deploy intelligent energy solar + storage systems at a demonstration project in Shreveport, Louisiana.
Policy & Regulation
The Chinese government may be allocating a larger role to clean energy as part of its 14th Five Year Plan which comes into effect in 2021, with a representative of the ruling party suggesting a minimum of 300GW of new solar capacity, and 150GW of wind power during deliberations.
Taiwan Power Company has partnered with Delta Electronics to build its largest energy storage system as part of a smart grid project on Kinmen Island.
The global market for energy storage is expected to decline in 2020 due to project delays and lack of access to residential and commercial clients.