With $12bn of assets and a 4.5GW portfolio of solar and battery projects, Arevon Energy is well-placed to make a major impact in energy storage.
India’s battery storage market has been dubbed “a sleeping giant”. That’s the view of the Institute for Energy Economics & Financial Analysis (IEEFA), which has highlighted the significant potential for developing a massive amount of storage capacity in the country.
Has the energy storage market just experienced a watershed moment? Yes, say some market observers, who argue that Form Energy’s recent unveiling of its secretive battery technology could transform the energy storage market forevermore.
BY KATHERINE DAMIAN AND BEN COOK:
China has announced its intention to bet big on energy storage.
The country’s National Development & Reform Commission has set a target of installing 30GW of new energy storage capacity by 2025.
BY BEN COOK:
Convincing investors to take the plunge into energy storage can be challenging.
But newly launched energy storage infrastructure specialist Flexion Energy recently achieved this feat when it secured £150m of investment from GLIL Infrastructure.
BY BEN COOK:
Hopes for the wider adoption of battery storage are largely pinned on the availability of affordable lithium.
Lithium is a highly reactive alkali metal, which conducts heat easily and is also relatively lightweight. That makes it an excellent component for batteries…
The lack of competition in the battery supply industry could be jeopardising the future of storage. That’s the view of some in the storage sector who argue that customers’ preference for what they see as the elite battery suppliers…
BY KATHERINE DAMIAN: Tomorrow marks 150 days since Joe Biden was inaugurated as US president — and, so far during his presidency, energy storage has reached new heights.