Flow battery

Solar Energy Storage Market to Reach $20.9 Billion, Globally, by 2031 at 7.9% CAGR: Allied Market Research

Retrieved on: 
Tuesday, November 8, 2022

PORTLAND, Ore., Nov. 8, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Solar Energy Storage Market by Type (Lead Acid, Lithium Ion, Flow Battery, and Others), by Installation (On grid and Off grid): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global solar energy storage industry generated $9.8 billion in 2021, and is estimated to reach $20.9 billion by 2031, witnessing a CAGR of 7.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario.

Key Points: 
  • Rise in demand for eco-friendly and cost-effective energy solutions for industrial and commercial storage are majorly driving the growth of the global solar energy storage market.
  • Nevertheless, escalating demand for renewable energy storage solutions will help in generating huge investment for solar energy storage, thereby creating high growth opportunities for the global market.
  • The outbreak of the COVID-19 pandemic negatively impacted the growth of the global solar energy storage market.
  • This was due to delayed installation of solar energy storage systems and cancellation of new projects related to the installation of solar energy storage systems.

Solar Energy Storage Market to Reach $20.9 Billion, Globally, by 2031 at 7.9% CAGR: Allied Market Research

Retrieved on: 
Tuesday, November 8, 2022

PORTLAND, Ore., Nov. 8, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Solar Energy Storage Market by Type (Lead Acid, Lithium Ion, Flow Battery, and Others), by Installation (On grid and Off grid): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global solar energy storage industry generated $9.8 billion in 2021, and is estimated to reach $20.9 billion by 2031, witnessing a CAGR of 7.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario.

Key Points: 
  • Rise in demand for eco-friendly and cost-effective energy solutions for industrial and commercial storage are majorly driving the growth of the global solar energy storage market.
  • Nevertheless, escalating demand for renewable energy storage solutions will help in generating huge investment for solar energy storage, thereby creating high growth opportunities for the global market.
  • The outbreak of the COVID-19 pandemic negatively impacted the growth of the global solar energy storage market.
  • This was due to delayed installation of solar energy storage systems and cancellation of new projects related to the installation of solar energy storage systems.

Global Battery Management System Market to Reach $9.8 Billion by 2026

Retrieved on: 
Tuesday, October 12, 2021

SAN FRANCISCO, Oct. 12, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Battery Management System - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 12, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Battery Management System - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Battery Management System estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$9.8 Billion by 2026, growing at a CAGR of 14.9% over the analysis period.
  • The U.S. Market is Estimated at $1.3 Billion in 2021, While China is Forecast to Reach $2.1 Billion by 2026
    The Battery Management System market in the U.S. is estimated at US$1.3 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

ESS Inc. Signs Contract for Long-duration Flow Battery System at Pennsylvania Industrial Recycling Facility

Retrieved on: 
Tuesday, August 3, 2021

The ESS Energy Warehouse delivers the right combination of performance, value and long operating life, at a superior levelized cost of storage metric.

Key Points: 
  • The ESS Energy Warehouse delivers the right combination of performance, value and long operating life, at a superior levelized cost of storage metric.
  • We needed a solution that would ensure long-duration backup power when needed, with a favorable ROI and no safety issues.
  • We ruled out lithium-ion batteries and other flow battery chemistries due to toxicity and cost.
  • ESSs iron-based flow battery offers the right combination of safety and sustainability with long asset life to match the expected life of our solar power system.

Global Redox and Hybrid Flow Battery Market (2021 to 2028) - by Type, Application and Region - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 28, 2021

Redox and Hybrid Flow Battery market illustrates an attractive growth rate during the forecast period with the advancements in technologies.

Key Points: 
  • Redox and Hybrid Flow Battery market illustrates an attractive growth rate during the forecast period with the advancements in technologies.
  • Further, the economic slowdown and geopolitical matters have limited the Redox and Hybrid Flow Battery market growth in 2020.
  • New generation Redox and Hybrid Flow Battery with improved performance offering higher accuracy and flexibility, with easy integration into systems spur the growth in Redox and Hybrid Flow Battery industry.
  • Global Redox and Hybrid Flow Battery Market size and growth projections, 2020-2028
    Redox and Hybrid Flow Battery Market size, share, and growth projections across 5 regions and 18 countries, 2020-2028
    Redox and Hybrid Flow Battery market size and CAGR of key products, applications, and end-user verticals, 2020-2028
    Short and long term Redox and Hybrid Flow Battery Market trends, drivers, restraints, and opportunities
    Profiles of 5 leading companies in the industry-overview, key strategies, financials, and products

Repurposing Fossil Fuel Assets: New Options Available Says IDTechEx

Retrieved on: 
Wednesday, July 21, 2021

A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.

Key Points: 
  • A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.
  • Indeed, many other options are arriving that use more of the skills and assets of oil, gas, and coal majors and repositioning utilities.
  • Mitsubishi Power has even rebranded to reflect its new concentration on emerging solutions including solar power and redox flow battery grid storage, shedding its fossil fuel past.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Repurposing Fossil Fuel Assets: New Options Available Says IDTechEx

Retrieved on: 
Wednesday, July 21, 2021

A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.

Key Points: 
  • A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.
  • Indeed, many other options are arriving that use more of the skills and assets of oil, gas, and coal majors and repositioning utilities.
  • Mitsubishi Power has even rebranded to reflect its new concentration on emerging solutions including solar power and redox flow battery grid storage, shedding its fossil fuel past.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

A Growing Interest in Vanadium, But Competition is Keeping The Pace Says IDTechEx

Retrieved on: 
Wednesday, July 14, 2021

The results of IDTechEx's research show that the large-scale adoption of RFB is just a matter of time.

Key Points: 
  • The results of IDTechEx's research show that the large-scale adoption of RFB is just a matter of time.
  • Redox Flow Batteries will be employed as a workhorse device, as defined by redT's website.
  • redT merged with US Avalon battery in 2020, founding one of the largest VRFB companies, Invinity.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

A Growing Interest in Vanadium, But Competition is Keeping The Pace Says IDTechEx

Retrieved on: 
Wednesday, July 14, 2021

The results of IDTechEx's research show that the large-scale adoption of RFB is just a matter of time.

Key Points: 
  • The results of IDTechEx's research show that the large-scale adoption of RFB is just a matter of time.
  • Redox Flow Batteries will be employed as a workhorse device, as defined by redT's website.
  • redT merged with US Avalon battery in 2020, founding one of the largest VRFB companies, Invinity.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Ampcera Receives Funding from the Department of Energy for the Development of High Volume, Low-Cost Manufacturing of Solid-State Batteries for Electric Vehicles

Retrieved on: 
Friday, July 9, 2021

This revolutionary technology will enable a solid-state battery with >450 Wh/kg energy density at

Key Points: 
  • This revolutionary technology will enable a solid-state battery with >450 Wh/kg energy density at
  • Ampcera is the only small business selected by the DOE in the recent 2021 SBIR grants announcement that is developing solid-state lithium metal battery technology for electric vehicles.
  • "By blocking dendrite growth, we can enhance both the energy density and cycle life of solid-state batteries.
  • Ampcera is headquartered in the Silicon Valley in California with a research and development facility located in Tucson, Arizona.