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

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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. With respect to technology, Lithium-ion is and will continue to be, the preferred technology for market deployment.

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

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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). Global cumulative energy storage installations. Source: BloombergNEF.

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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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Lithium-ion Battery Manufacturers in India

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In the previous few years, India has doubled its imports of lithium-ion (Li-ion) batteries and more than tripled its import cost. Lithium-ion batteries are imported into India from China, Japan, and South Korea. Now let us look into some of the key players in the Lithium-ion sector in India.

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Finnish Minerals Group and Beijing Easpring cathode materials plant proceeding as planned

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Finnish Minerals Group and Beijing Easpring Material Technology have been investigating and negotiating the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland with an initial capacity of 50,000 t/a and potential for future expansion for the production of cathode active material for lithium-ion batteries.

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Climate impact of lithium-ion batteries & how to measure it 

Electric Vehicles India

Climate impact of lithium-ion batteries & how to measure it . Lithium-ion batteries are something which everyone prefers over lead-acid batteries, since the last ten years its been seen used mostly mobiles to every electronic appliance. It has become a cleaner energy storage solution. kg CO2e/kWh.

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Group14 raises $400M in Series C; Porsche leads with $100M

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To meet fast-approaching targets worldwide for vehicle electrification and EV adoption, Group14’s next-generation materials help lithium-silicon batteries deliver 50% higher performance than traditional lithium-ion batteries, eliminating range and charge anxiety.

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