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

Green Car Congress

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). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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Honda to install stationary fuel cell power station on California campus as first step toward commercialization of zero-emission backup power generation

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Honda plans to install a stationary fuel cell power station on its corporate campus in Torrance, Calif. This new initiative will leverage Honda’s fuel cell technology expertise as part of the company’s global goal to achieve carbon neutrality for all products and corporate activities by 2050. Plant, Cooling Tower, Grid Inverter.

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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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Hitachi Energy invests a further $4.5B to expand the electricity grid

Baua Electric

billion by 2027 to strengthen the electricity grid and accelerate the clean energy transition. Global tech company Hitachi Energy’s order backlog has more than tripled to over $30 billion since 2020. billion investment announced in April to ramp up global transformer production. Hitachi Energy will invest an additional $4.5

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Tesla selects Volex as a NACS coupler manufacturer

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Volex is a selected global manufacturer of the authentic NACS coupler and is stocked and ready to immediately supply automotive OEMs and charging infrastructure suppliers.

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Hydrogen Optimized to supply more than 40 MW of large-scale hydrogen production capacity

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It also specifies that the installed systems could be scaled up as demand for hydrogen grows. A key factor underlying the agreement is our system’s unique capability to double or more in capacity without requiring the installation of costly additional electrical and other equipment. —Andrew T.

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Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

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The initial focus is on charging stations installed at the depots of truck customers. In addition, the participants are also concerned with aspects such as optimized load management of the electricity grid and sustainable electricity supply. Global electric truck portfolio at Daimler Trucks.

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