The global energy storage market is expected to double six times between 2016 and 2030 according to new analysis by Bloomberg New Energy Finance, reaching a total of 125 gigawatts with 305 gigawatt-hours of capacity.
The global energy storage market is expected to double in 2016, growing from 1.4 GWh to 2.9 GWh by the end of the year, before continuing to skyrocket, reaching 21 GWh by 2025. These are the latest figures from a new report published by information and analysis company IHS Markit, … [continued]
A slew of factors have resulted in the global energy storage pipeline increasing by 45% in the fourth quarter of 2015, according to new figures published by IHS. According to analytics company IHS, battery cost reductions, government funding programs, and utility tenders all contributed to a 45% increase in the … [continued]
