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Energy Storage News

Navigant Research expects global distributed solar PV plus energy storage revenue to reach USD 23.1 billion in 2024

2015-10-13 |

A new report from Navigant Research (Boulder, Colo., US) examines the global market for solar photovoltaics (PV) plus energy storage nanogrids, including an analysis of market issues, with forecasts for capacity and revenue, through 2024. Navigant Research expects global solar PV plus energy storage nanogrid revenue to grow from USD 1.2 billion in 2015 to USD 23.1 billion in 2024. Read more...

Solar Report

Battery energy storage systems: Positive developments regarding battery costs and improved regulatory frameworks will drive a remarkable growth

2015-10-08 |

The number of battery energy storage systems (BESS) used for stationary applications, both utility-scale and distributed, has started to grow significantly, cleantech advisory company Apricum (Berlin) reports. According to recent estimates, today’s annual market volume of about USD 1 billion is expected to reach an impressive USD 20 – 25 billion by 2024. Apricum identified three major drivers of growth for stationary BESS: 1st, positive developments regarding battery costs and 2nd, improved regulatory frameworks that both increase the competitiveness of batteries to participate in 3rd, a growing market for addressable services. Read more...

Solar Point of View

Midsummer CEO Sven Lindström: Ten myths about solar power – and the real facts

2015-09-23 |

Solar energy and the solar industry has exploded in the last decade, and is today an established and competitive renewable energy source. Despite this (or maybe because of this), solar energy has been surrounded by myths, rumours and false facts that has dimmed the sunny (!) picture. Here are the ten most common solar energy myths – and the real facts – as explained by Midsummer CEO Sven Lindström. Read more...