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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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California Hydrogen Business Council says a robust P2G RD&D program should be a priority for the state

Green Car Congress

The case for using Power-to-Gas solutions to store renewable energy is compelling for a number of important use cases, according to a new white paper released by the California Hydrogen Business Council (CHBC). Among the paper’s conclusions is that a robust P2G RD&D program should be a priority for the state of California.

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Pike forecasts worldwide revenue from fuel cells and hydrogen will reach $785M million in 2012; interest in fuel cell vehicles re-emerges

Green Car Congress

The total size of the global hydrogen and fuel cell market—including revenues from fuel cells and from hydrogen for fuel cells and internal combustion engines (ICEs)—will reach $785 million in 2012, according to a new white paper from Pike Research. Rhetoric and reality will diverge in the hydrogen energy storage market.

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