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SolarEdge, Kokam open 2GWh cell plant in South Korea

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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. —Zvi Lando, Chief Executive Officer of SolarEdge.

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bp to enter German offshore wind market with 4GW auction win

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bp will lead the development, construction and operations of these fixed-bottom offshore wind projects, with grid connection targeted by end 2030. It has also formed a partnership in Japan with Marubeni and earlier this year acquired a majority stake in a project portfolio of four potential projects in South Korea.

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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. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

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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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BNEF’s Energy Storage Outlook 2019 predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets: stationary storage and electric vehicles. This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

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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 China, the US, India, Japan, Germany, France, Australia, South Korea and the UK will be the leading countries. These nine markets will represent two thirds of the installed capacity by 2040.

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Detroit Electric and Integrated Energy sign MOU on EV sales and V2X project in S. Korea’s Jeju Island

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The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea. The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea.

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This Dutch City Is Road-Testing Vehicle-to-Grid Tech

Cars That Think

Unlike those you may have grown accustomed to seeing, many of these stations don’t just charge electric cars—they can also send power from vehicle batteries to the local utility grid for use by homes and businesses. Debates over the feasibility and value of such vehicle-to-grid technology go back decades. This is good for the grid.

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