The month of October saw a number of major energy storage investments with significant deals in China and North America in particular. Arguably most eye-catching of all was China-based Primavera Capital Group’s $600 million investment in two subsidiaries of storage products company Envision Group.
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: The use of energy storage all around the world will skyrocket in the coming years. But which markets have led the charge up to now? Energy Storage Report gives you its run-down of the five biggest energy storage markets in the world by installed capacity. We also assess the outlook for growth in each market.
BY BEN COOK: The global energy storage market is set to grow in value by more than 80% in the next four years. Projections published by Global Data this month indicated that the value of…
By Mike Stone Bigger batteries and greater demand for electric vehicles are creating a scramble for raw materials and the supply chains to use them.
By Mike Stone A recent report from Bloomberg New Energy Finance (BNEF) shows China is pulling ahead of the rest of the world in electric bus deployment.