The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. But which projects will likely get built, and when? The in-house analysis and research team at Solar Media Market Research answers these questions and many more
Corporate funding into the battery storage sector in the first quarter of this year totalled US$4.7 billion across 17 deals, a huge leap from the equivalent period of last year, according to a new report from Mercom Capital. Research firm Mercom Capital’s quarterly report into the battery storage, smart grid and energy efficiency sectors tracks financial activity in corporate funding, venture capital (VC) and mergers & acquisitions.
Europe’s cumulative electrochemical energy storage installation capacity has gone past the 5GWh mark and this year is likely to see installations almost double from 2020’s figures.