Remove 2018 Remove Grid Remove Market Remove South Korea
article thumbnail

SolarEdge, Kokam open 2GWh cell plant in South Korea

Green Car Congress

Located in the Eumseong Innovation City of Chungcheongbuk-Do, South Korea, Sella 2 is currently producing test cells for certification, with ramp-up expected during the second half of 2022. SolarEdge was established in 2006; it acquired Kokam, a provider of Lithium-ion battery cells, batteries and energy storage solutions, in 2018.

article thumbnail

GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

Green Car Congress

The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

article thumbnail

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

article thumbnail

BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

Green Car Congress

The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2 BNEF’s latest Long-Term Energy Storage Outlook sees the capital cost of a utility-scale lithium-ion battery storage system sliding another 52% between 2018 and 2030, on top of the steep declines seen earlier this decade.

article thumbnail

CCM: Shanghai Energy investing US$790M to construct world’s largest Li-ion wet process separator production base

Green Car Congress

China will account for more than 60% of the world’s production of wet-process separators for Li-ion batteries, with more than 10 billion square meters capacity, according to China-based market intelligence firm CCM. On 19 March 2018, Shanghai Energy held a signing ceremony for its new materials project in Wuxi City, Jiangsu Province.

Li-ion 186
article thumbnail

SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

It can also provide lowest-cost long-term storage for electrical grids relying on renewable energy. The market for all recyclables, from mixed plastics to cardboard and paper, collapsed in 2018, when China banned the import of recycled waste materials. Now, most of these materials are stored or sent back to landfills.

Waste 448
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. Navigant’s 10 predictions of significant trends shaping the PEV market in 2014 are: Click to enlarge.

2014 346