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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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Kokam deploys 30 MW, 11.4 MWh energy storage system in Australia

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Ltd, successfully deployed for Alinta Energy, a leading Australian utility, a 30-megawatt (MW) system / 11.4-megawatt megawatt hour (MWh) Energy Storage System (ESS), the largest lithium-ion battery deployed for industrial application in Australia. Operational since April 2018, the ESS consists of five 2.2

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Tesla Australia & New Zealand celebrate 100,000 units on the road

Teslarati

Tesla Australia and New Zealand recently celebrated having 100,000 units on the road. Tesla Executive Rohan Patel joined the celebration, dropping some facts about the company’s presence in Australia and New Zealand. This is just the start for Tesla [Australia and New Zealand],” Patel commented.

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

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Albemarle to invest ~US$1B to double lithium hydroxide output at Kemerton to up to 100 ktpa

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Albemarle Corporation announced its decision to build two additional processing trains at the Kemerton lithium hydroxide plant in Western Australia. Kemerton plant, March The Government of Western Australia said that the estimated capital expenditure for trains three and four will be more than US$1 billion.

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Benchmark: battery supply chain hit by Chinese energy cuts

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Hunan and Inner Mongolia are among the most affected areas of the battery supply chain, with the former a production hub for cathodes and the latter a hub for synthetic graphite anode processing. In the long-term, China seeks to guarantee resource security by addressing the structural issues behind the current electricity supply shortage.

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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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The supply will go beyond 2030. The batteries will combine high energy density with ultra-long cycle life as well as fast-charging ability to meet the unique requirements of battery-electric long-haul trucks.

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