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U.S. energy storage begins to take off

Despite a lackluster Q4, GTM Research predicts that the U.S. energy storage market is going to boom in 2018, driven by both policy support and falling prices.

1 GWh lithium-ion battery factory is coming to New York

The Imperium3 New York consortium has bought Alevo’s lithium-ion battery manufacturing assets in North Carolina in a fire sale, and is planning to use them for a 1GWh battery factory in New York.

Global storage market to grow sixfold by 2030, BNEF reports

Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.

Tesla solar deployments plummet while energy storage rises

The nation’s largest residential PV installer deployed only 109 MW of solar during Q3, its lowest level in many years, but it did install 110 MWh of battery storage.

ZAF starts nickel-zinc battery factory in Missouri

The 50 MWh factory shows that there is more going on in the battery space than lithium-ion.

Battery maker Alevo files for bankruptcy, lays off 290 in N.C.

Russian-backed firm goes belly up, leaving an old Phillip Morris factory in Concord, N.C., empty and its entire workforce search for answers about why.

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Panasonic’s 2016 profit falls as solar sales sag

While declining sales of solar panels in Japan eroded the electronics giant’s earnings, Panasonic is holding on for growth driven by its collaboration with Tesla.

Tesla scales down solar deployment in Q1, readies Solar Roof

The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.

Getting ready for terawatts of solar (with charts)

Researchers from NREL, Fraunhofer ISE and Japan’s AIST have released a new paper which looks at the barriers to deploying multiple terawatts of solar PV and what can be done to overcome them.

EV growth gives lithium-ion batteries cost edge in storage

The growing demand for affordable electric vehicle batteries is driving cost reductions in lithium-ion battery technology, which is beneficial for affordable stationary storage, according to a new Lux Research report.

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