Battery Energy Storage System Market Comprehensive Study 2018
A comprehensive battery energy storage system study for 2018 has been released. L.C. Fulenwider and the Peña Station Next project were a part of the study. Below is an excerpt with a link to the study.
Global Battery Energy Storage System industry report contains proven by regions, especially North America, China, Europe, Southeast Asia, Japan, India, focusing top manufacturers in global market, with Production, price, revenue and market share for each manufacturer. It also presents the company profile, product specifications, production value, Contact Information of manufacturer and market shares for company. The report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Battery Energy Storage System Market.
Global Battery Energy Storage System Market is expected to reach USD 111.34 million by 2025 from USD 92.47 million in 2017 and is projected to grow at a CAGR of 47.6% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In 2016, the government of China released a 15-year energy technology innovation action plan for further research in advanced energy storage.