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.
Energy storage
Investors are increasingly aware that there are a big returns to be made in sustainable infrastructure.
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.
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.
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...
If storage is to truly fulfil its potential as part of the global energy transition, it has to surmount a number of challenges. These include ensuring it is priced competitively, sustainable, and able to be utilised at massive scale...
Is Europe failing to see the tremendous potential of energy storage?
Tomorrow marks 150 days since Joe Biden was inaugurated as US president -- and, so far during his presidency, energy storage has reached new heights.
Swedish battery maker Northvolt this week raised a cool $2.75bn of equity. That’s the largest equity raise by a private company in Europe...
In the opinion of Kees van de Kerk, president of the newly established industry association Flow Batteries Europe (FBE), flow batteries enable you to mitigate the risk of unpredictability...
Investment in energy storage has grown substantially in recent years, but the sector has not always been an easy sell to investors.