How has storage fared in Biden’s first 150 days?

BY KATHERINE DAMIAN: Record level of Q1 storage deployment in the US in 2021 But questions remain about stimulating storage demand Pressure on Congress over tax credits for stand-alone storage Tomorrow marks 150 days since Joe Biden was inaugurated as US president -- and, so far … Continue reading →

Storage winning battle for investor confidence

BY PRISCILLA OBILANA: Investment in energy storage has grown substantially in recent years, but the sector has not always been an easy sell to investors. Bloomberg New Energy Finance reported in January that global investment in the sector more than doubled from $2bn in 2017 to … Continue reading →

Will Europe overtake US in ‘gigafactory’ race?

BY RICHARD HEAP: US billionaire Elon Musk knows how to make money – and words too. Don't believe me? Musk coined the term ‘Gigafactory’ in late 2013 for a huge Tesla battery factory in Nevada. Now the word is not only in my spell-checker but it's in there with the Musk-approved capital … Continue reading →

Which are the world’s biggest energy storage markets? Here’s the Top Five

BY BEN COOK: The use of energy storage all around the world will skyrocket in the coming years. To give you an indication of this growth, consider that in 2018, just three years ago, there was 9GW/17GWh deployed around the world. By 2040, it is anticipated that this will have soared … Continue reading →

What is Ørsted doing in energy storage?

BY PRISCILLA OBILANA: This week, Danish utility Ørsted wrapped up the first quarter by unveiling a project called SeaH2Land, with partners including steel giant ArcelorMittal. This involves the development of a 1GW green hydrogen production plant by 2030 to serve the Netherlands and Belgium. … Continue reading →