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GTM Research expects stationary lithium-ion grid storage installs to grow 55% every year through 2022

August 22, 2018: According to a new report from GTM Research, global lithium-ion battery deployments over the next five years will grow by 55 percent annually. In other words, annual lithium-ion installations will grow more than eightfold, from 2 gigawatt-hours in 2017 to 18 in 2022.

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US State Massachusetts’ New Clean Energy Bill establishes an energy storage target of 1,000 MWh by Dec. 31, 2025

On Aug. 9, Massachusetts Gov. Charlie Baker signed H.4857, An Act to Advance Clean Energy, into law.

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Increased funding into battery storage

July 30, 2018: Global venture capital funding for battery storage companies in 1H 2018 was 12 percent higher with $539 million compared to the $480 million raised in 1H 2017, Mercom Capital found.

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Every second PV installation in Germany with battery storage

July 16, 2018. In Germany, about every second PV system below 30 kWp was installed in 2017 together with a battery for storage.

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Behind-the-meter energy storage powered Europe’s 49% yearly increase in installations

5 Jul 2018: Europe’s installed base of electrical energy storage leaped by almost 50% during 2017 but perhaps the bigger takeaway is the growing share of battery systems installed behind-the-meter, an analyst has said.

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