Empirical approach shows PV is getting cheaper than all the forecasters expect
With the consistently unambitious forecasts for solar trotted out by entities such as the International Energy Agency (IEA) now a matter of record, a German risk management company has tried to predict more realistic figures for 2030 and beyond.
Northvolt unveils 160 Wh/kg sodium-ion battery
Swedish battery maker Northvolt has developed its first sodium-ion battery in partnership with Uppsala University spinoff Altris. The cell has been validated for an energy density of more than 160 Wh/kg and is designed primarily for energy storage applications.
Transformer shortages: New bottleneck of the energy storage supply chain
Transformer shortages are taking their toll on battery energy storage system (BESS) integrators, as competition in the market intensifies.
Solar dominated US generation capacity additions in H1, says Wood Mackenzie
Wood Mackenzie notes in a new report that solar accounted for 45% of US electricity generation capacity additions in the first half of 2023. It says that it expects 15% annual growth in PV installations through 2028.
Sodium-ion battery fleet to grow to 10 GWh by 2025
Global demand for sodium-ion batteries is expected to grow to just under 70 GWh in 2033, from 10 GWh in 2025, at a compound annual growth rate (CAGR) of 27%, according to UK-based market research company IDTechEx.
Annual floating solar additions to top 6 GW by 2031, says WoodMac
The global floating solar (FPV) market is expected to keep up its steady growth, as the Asia-Pacific region continues to lead demand.
Weekend Read: A long time coming
Long-duration energy storage (LDES) is essential for decarbonizing the grid but gigawatt-hour scale systems continue to be tricky for companies with big ideas. Here are some of the latest innovations across a flourishing array of new – and old – ideas.
Weekend Read: Dawn of the store-age
Last year was another landmark 12 months for energy storage, with all indicators pointing to a massive surge in demand. Supply chain instability and inflation saw battery prices rise but the industry demonstrated an ability to swiftly react to geopolitical developments. We look at five trends driving the market.
More than 1 million European homes powered by solar batteries
SolarPower Europe’s latest analysis reveals that 9.3 GWh of battery energy storage systems have been installed in more than 1 million European households this year.
Veritas Capital acquires Wood Mackenzie
With the acquisition of analyst firm, Wood Mackenzie, Veritas expands the datasets it can provide to upstream producers and data asset managers on the global transition to clean energy.
