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battery
Research firm IHS Markit has said that 2021 marks the start of a continued period of rapid growth for the global energy storage industry, forecasting more than 12GW installations in total this year. source: energy storage news
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Companies in the battery storage industry raised US$9.6 billion in corporate funding during H1 2021. This total was a huge leap on the pandemic-depressed first half of 2020, when the figure stood at just US$716 million. Research firm Mercom Capital Group has released its latest report into funding and merger and acquisition (M&A) activity in battery...
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The operating life of the batteries is a major factor in the reliability and cost of energy storage systems such as those used as backup power supplies or for the reduction of generated power fluctuations from renewable energy sources. Current Lithium-Ion batteries however have other disadvantages: * Protection required – Lithium-ion cells and batteries are not as...
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