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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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ABB and BYD enter strategic global collaboration on energy storage

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Global power and automation technology group ABB and BYD Co., announced today a strategic global collaboration to develop new solutions for energy storage, building on their complementary strengths. The scope of the collaboration focuses on the following applications: Grid-connected energy storage.

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Ford MyEnergi Lifestyle adds home energy storage

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Ford Motor Company is expanding its MyEnergi Lifestyle program ( earlier post ), announced at last year’s CES, to include home energy storage. will demonstrate the benefits of integrating additional tools, such as the ability to store energy within the home after it is captured by solar panels.

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Electrify America launches 8 solar-powered EV charging stations in rural Fresno County

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Electrify America (EA), the largest open DC fast charging network in the US, is increasing access to sustainable electric vehicle (EV) infrastructure for rural Californians with the deployment of eight new solar-powered, off-grid charging stations across Fresno County. feet and can operate in the event of a blackout or power outage.

Fresno 459
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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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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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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.