Staff

BloombergNEF: Stationary storage installations surge to 170 GWh in 2024

From ESS News

While progress has been steady, for many years stationary battery applications have played the supporting role to the EV headliner. During this period, lithium ion batteries were produced primarily for mobility and consumer applications, with either utility-scale or home battery systems were somewhat of an afterthought producers.

2024 saw that dynamic shift, with accelerating battery deployment attracting the attention of battery producers as they expanded their operations into battery system integration.

The trend is borne out in BloombergNEF data. The market analyst finds that stationary battery installations are comprising an increasing share of global battery deployments. By 2035, BloombergNEF expects stationary applications to account for 16% of batteries deployed globally, up from 6% in 2020.

To continue reading, please visit pv magazine’s ESS News

GOODBYE OLD WAYS

It’s okay to break tradition. Today’s electricity needs are more sophisticated than ever, making traditional power a thing of the past. Switching to solar helps you get with the times while saving the planet.

GREEN CONSCIOUSs

Traditional power has adverse environmental effects from the coal and natural gases combusted during production. Solar offers all of the power with no extra cost and no harmful polutions..

POWERED BY THE SUN

Rather than digging up fossil fuels, solar energy is clean power from the sun - a renewable fuel source that won't go out in our lifetime. Every kW lowers your carbon footprint by over 3K pounds annually.

Staff

BloombergNEF: Stationary storage installations surge to 170 GWh in 2024

Popular content

GOODBYE OLD WAYS

GREEN CONSCIOUSs

POWERED BY THE SUN

Share this post

New York’s Morris Ridge Solar Project goes online

Primergy completes 100-MW solar project for Amazon

Developers close $538 million for 1.2 GWh battery storage facility in Canada

Let's Work Together