IDTechEx Takes a Look at the Emerging Industrial Thermal Energy Storage Market
While TES systems offer reduced emissions for heat production compared to fossil fuels, recently, higher and volatile natural gas prices in key regions have highlighted an additional benefit TES offers, which is potentially reduced and more stable costs for heat production.
Aurora Solar's 2nd Annual Residential Solar Trends Report Finds Homeowners Want Solar, But Trust in the Industry Declined
In 2023, 22% of homeowners said they were unable to find a trustworthy solar company. In 2024, the numbers doubled: 44% of respondents said it is hard to determine which solar companies are trustworthy.
IDTechEx Discusses Developments in Long Duration Energy Storage Technologies
It is expected that while mechanical energy storage systems are to be a key contributor to LDES deployments globally, a greater diversification of LDES technologies will be seen in the 2040s.
Solar Installations Skyrocket in 2023 in Record-Setting First Full Year of Inflation Reduction Act
For the first time in history, solar accounts for over 50% of new electricity capacity added to the grid
US Energy Storage Installations Set New Record in Q3 2023
The U.S. storage market hit a new high in Q3 2023, installing the most capacity in a quarter to date with 7,322 megawatt hours (MWh) becoming operational in the third quarter of 2023.
SolarReviews releases the results of its 2022 Solar Industry Survey
The Report outlines key findings about how installers are responding to supply chain issues, labor shortages, and increased financing costs in the early days of the Inflation Reduction Act.
North American Solar and Wind PPA Prices Increased 6.6% in Q1 of 2023, Marking Two Years of Rising Prices, According to LevelTen Energy
"Rapidly evolving regulations at the federal, state and regional level are creating an unstable environment, making it difficult for developers to price PPAs and contributing to the price swings we're seeing in the market,"
Next Decade Decisive for PV Growth on the Path to 2050
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Pprojections for PV growth while waiting for a consensus on other energy pathways or the emergence of technological last-minute miracles "is no longer an option."
NEW REPORT: Q4 2022 Shows Positive Energy Storage Growth, But Policy and Market Headwinds Slow Clean Energy Potential
The U.S. clean energy industry installed over 25 GW in 2022 after adding nearly 10 GW in the fourth quarter. Project owners commissioned 451 new project phases in 47 states and DC in 2022
LITHIUM-ION BATTERY PACK PRICES RISE FOR FIRST TIME TO AN AVERAGE OF $151/KWH
The upward cost pressure on batteries outpaced the higher adoption of lower cost chemistries like lithium iron phosphate (LFP). BloombergNEF expects prices to stay at similar levels next year, further defying historical trends.
CHINA'S BATTERY SUPPLY CHAIN TOPS BNEF RANKING FOR THIRD CONSECUTIVE TIME, WITH CANADA A CLOSE SECOND
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Canada's recent investment in its upstream clean energy supply and increasing demand in the US-Mexico-Canada Agreement (USMCA) region increases the country's competitiveness
Inflation Reduction Act Delivers Hope to Renewable Industry, but Price Impacts Could Take Years
LevelTen Energy's newly released Power Purchase Agreement (PPA) Price Index reveals that North American P25* solar and wind PPA offer prices increased 9.6% to $45.93 per MWh in the third quarter of 2022. Year-over-year, prices have increased 34%.
GLOBAL ENERGY STORAGE MARKET TO GROW 15-FOLD BY 2030
Energy storage installations around the world are projected to reach a cumulative 411 gigawatts (or 1,194 gigawatt-hours) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF).
RENEWABLE ENERGY SECTOR DEFIES SUPPLY CHAIN CHALLENGES TO HIT A RECORD FIRST-HALF FOR NEW INVESTMENT
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year. The uptick in investment reflects an acceleration in demand for clean energy supplies to tackle the ongoing global energy crises.
Clean Energy Deployment Slowed Substantially in Q2 as Policy Inaction and Economic Uncertainty Imperils Energy Transition
During the second quarter, the industry saw a 55 percent decline in project installations from the same period in 2021, with 3,188 megawatts (MW) of utility-scale clean power capacity installed.
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