Thermal energy storage

Lithium-Ion Battery Market Size To Reach USD 189.4 Billion By 2032, Growing At A CAGR of 15.2% | Valuates Reports

Retrieved on: 
Tuesday, September 12, 2023

-  The global Lithium market size is projected to reach USD 6187.8 million by 2027, from USD 3483.5 million in 2020, at a CAGR of 8.1% during 2021-2027.

Key Points: 
  • -  The global Lithium market size is projected to reach USD 6187.8 million by 2027, from USD 3483.5 million in 2020, at a CAGR of 8.1% during 2021-2027.
  • - Battery Materials Market is projected to reach USD 53980 Million by 2026, from USD 40540 Million in 2020, at a CAGR of 4.9% during the forecast period 2021-2026.
  • - Mobile Battery Market was valued at USD 21.2 billion in 2020 and is expected to reach USD 38.6 billion by 2030 registering a CAGR of 6.3% from 2021 to 2030.
  • -  The global Electric Aircraft market size is projected to reach USD 9566 million by 2027, from USD 6753.8 million in 2020, at a CAGR of 4.6% during 2021-2027.

Lithium-Ion Battery Market Size To Reach USD 189.4 Billion By 2032, Growing At A CAGR of 15.2% | Valuates Reports

Retrieved on: 
Tuesday, September 12, 2023

-  The global Lithium market size is projected to reach USD 6187.8 million by 2027, from USD 3483.5 million in 2020, at a CAGR of 8.1% during 2021-2027.

Key Points: 
  • -  The global Lithium market size is projected to reach USD 6187.8 million by 2027, from USD 3483.5 million in 2020, at a CAGR of 8.1% during 2021-2027.
  • - Battery Materials Market is projected to reach USD 53980 Million by 2026, from USD 40540 Million in 2020, at a CAGR of 4.9% during the forecast period 2021-2026.
  • - Mobile Battery Market was valued at USD 21.2 billion in 2020 and is expected to reach USD 38.6 billion by 2030 registering a CAGR of 6.3% from 2021 to 2030.
  • -  The global Electric Aircraft market size is projected to reach USD 9566 million by 2027, from USD 6753.8 million in 2020, at a CAGR of 4.6% during 2021-2027.

Brenmiller Plans to Ramp Sales Across Europe Through New Joint Venture with Green Enesys and Viridi

Retrieved on: 
Wednesday, August 23, 2023

Establishing the JV and the activities contemplated by the JV are subject to negotiating and execution of definitive agreements.

Key Points: 
  • Establishing the JV and the activities contemplated by the JV are subject to negotiating and execution of definitive agreements.
  • “Green Enesys and Viridi are professional and reliable partners for us, with a proven track record for delivering significant renewable generation worldwide.
  • Importantly, they share our commitment to helping decarbonize industrial heat production,” said Avi Brenmiller, CEO and Chairman of the Board of Brenmiller Energy.
  • Brenmiller’s award-winning bGen™ ZERO is a mature, scalable, and cost-effective way to convert electricity into heat to provide industrial process power and enable 24/7 renewable management.

Brenmiller’s Launches bGen™ ZERO for Renewable Power-to-Heat and Industrial Decarbonization, Expects to Unlock New Revenue Streams

Retrieved on: 
Wednesday, August 9, 2023

By electrifying heat, the bGenZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors.

Key Points: 
  • By electrifying heat, the bGenZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors.
  • Impressive Steam Power Generation: Delivers substantial steam power generation, offering a stable steam supply for various power, commercial and industrial applications.
  • The bGen ZERO design, paired with performance improvements, presents a multi-use solution to tap into decarbonization which Brenmiller believes will unlock new revenue streams across applications including grid services.
  • The bGen ZERO helps boost flexibility and stability for power grids by using excess renewable energy to generate heat.

Global Energy Storage System Market Analysis Report 2023-2028 - Increasing Investments in Renewable Energy and Grid Infrastructure to Propel Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, August 4, 2023

In 2022, the global energy storage system market was valued at US$219.90 billion, and is probable to reach US$355.40 billion by 2028.

Key Points: 
  • In 2022, the global energy storage system market was valued at US$219.90 billion, and is probable to reach US$355.40 billion by 2028.
  • The global energy storage system market value is projected to grow at a CAGR of 8.33%, during the forecast period of 2023-2028.
  • Energy storage systems are becoming increasingly important as renewable energy sources such as solar and wind power are integrated into the grid.
  • Global Energy Storage System Market Dynamics:
    With reference to renewable energy sources, energy storage systems are complementary to solar and wind energy production as they help address the issue of weather intermittency, which is a major problem in renewables at both the local and grid levels.

Brenmiller to Unveil Next-Generation Thermal Energy Storage System—the bGen™ ZERO for Heat Electrification and Industrial Sector Decarbonization: Register for Live Presentation to be held August 9, 2023

Retrieved on: 
Friday, August 4, 2023

Brenmiller will unveil its new product and strategic direction during live webinar presentations on August 9 and 10, 2023.

Key Points: 
  • Brenmiller will unveil its new product and strategic direction during live webinar presentations on August 9 and 10, 2023.
  • The Company will issue a press release with additional details prior to the U.S. market opening on August 9, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230804678328/en/
    The next-generation TES system—the bGen™ ZERO—aligns with the Company’s new strategic focus on delivering low-cost, zero-emission solutions to electrify heat.
  • We believe this changes the game for hard-to-decarbonize sectors, providing a scalable path to electrify heat, slash emissions, and pioneer circular economics.

Global Energy Storage System Market Analysis Report 2023-2028: Potential Disruptions in the Supply Chain and Lack of Proper Infrastructure Challenges Market Growth

Retrieved on: 
Wednesday, August 2, 2023

In 2022, the global energy storage system market was valued at US$219.90 billion, and is probable to reach US$355.40 billion by 2028.

Key Points: 
  • In 2022, the global energy storage system market was valued at US$219.90 billion, and is probable to reach US$355.40 billion by 2028.
  • The global energy storage system market value is projected to grow at a CAGR of 8.33%, during the forecast period of 2023-2028.
  • The other challenge that energy storage system market faces is safety risks associated with lack of proper infrastructure, etc.
  • A major trend gaining pace in energy storage system market is Thermal Energy Storage (TES).

Brenmiller Signs MoU with India’s Largest Solar Panel Manufacturer Waaree Energies to Deploy Thermal Energy Storage Projects in India

Retrieved on: 
Wednesday, July 26, 2023

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the “Company”) (Nasdaq: BNRG, TASE: BNRG), a clean energy company that provides Thermal Energy Storage (“TES”) systems to global industrial and utility markets, today announced that it has signed a Memorandum of Understanding (“MoU”) with Waaree Energies Ltd. (“Waaree”), India’s largest manufacturer of solar panels, to implement bGen™ TES in India.

Key Points: 
  • Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the “Company”) (Nasdaq: BNRG, TASE: BNRG), a clean energy company that provides Thermal Energy Storage (“TES”) systems to global industrial and utility markets, today announced that it has signed a Memorandum of Understanding (“MoU”) with Waaree Energies Ltd. (“Waaree”), India’s largest manufacturer of solar panels, to implement bGen™ TES in India.
  • This announcement marks Brenmiller’s entrance into the Indian market, adding to the Company’s growing global presence including Israel, Europe, and the U.S.
  • In addition to decarbonization, Brenmiller’s TES technology provides critical reliability and protection from renewable intermittency and fluctuations in energy market prices.
  • Partnering with Brenmiller to deploy its innovative thermal energy storage technology will enable us to significantly reduce dependence on fossil fuels."

SHARC Energy’s Innovative Thermal Energy Solutions in Spotlight During Governor Inslee’s Visit

Retrieved on: 
Tuesday, July 18, 2023

VANCOUVER, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce the recent visit of Governor Jay Inslee to Coastline Equipment, Inc., a key partner and supporter of SHARC Energy, at Coastline’s Bellingham, Washington operation. The visit underscores SHARC Energy's growing market presence and the growing recognition of its pioneering work in Wastewater Energy Transfer (“WET”).

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce the recent visit of Governor Jay Inslee to Coastline Equipment, Inc ., a key partner and supporter of SHARC Energy, at Coastline’s Bellingham, Washington operation.
  • The visit underscores SHARC Energy's growing market presence and the growing recognition of its pioneering work in Wastewater Energy Transfer (“WET”).
  • During the visit, Governor Inslee gained insights into the potential of Wastewater Energy Transfer and SHARC Energy's unique ability to create low-carbon, energy efficient & energy resilient Thermal Energy Networks (“TENs”) and Thermal Energy Storage (“TES”) Systems from a previously unrecognized renewable energy resource—Wastewater.
  • SHARC Energy extends its gratitude to Governor Inslee and all attendees for their interest and engagement.

Flow Battery Market is Projected To USD 340.8 Million By 2029, At A CAGR of 8.6% | Valuates Reports

Retrieved on: 
Tuesday, June 6, 2023

-  The global Industrial IoT (IIoT) market size is projected to reach USD 102460 million by 2028, from USD 71160 million in 2021, at a CAGR of 5.3% during 2022-2028.

Key Points: 
  • -  The global Industrial IoT (IIoT) market size is projected to reach USD 102460 million by 2028, from USD 71160 million in 2021, at a CAGR of 5.3% during 2022-2028.
  • -  The global Electric Vehicle Battery Recycling market size is projected to reach USD 2426.4 million by 2028, from USD 1176.3 million in 2021, at a CAGR of 10.8% during 2022-2028.
  • -  The global Lithium-ion Battery Recycling market size is projected to reach USD 24930 million by 2028, from USD 2543 million in 2021, at a CAGR of 38.1% during 2022-2028.
  • -  The global thermal management market size is projected to reach USD 78300 million by 2028 from USD 60120 million in 2021 at a CAGR of 3.8% during 2022-2028.