Global Battery Energy Storage System Market Value of US$3,065.62 BY 2026

Tuesday, December 11, 2018

Open PR has a round-up of battery energy storage systems. Panasonic and LC Fulenwider are featured.

A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Battery Energy Storage Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026”which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that the sector for Microsoft Dynamics Services Market would rise at a positive CAGR during the period 2018-2026.

Several battery energy storage system projects have been launched recently

Governments across the world are launching battery energy storage systems at a rapid pace. For example, in March 2017, ABB received an order for Denmark’s first urban energy storage system. The company agreed to deliver a two-megawatt (MW) battery energy storage system (BESS) to DONG Energy. In August 2015, General Electric announced its plans to supply a 30-MW battery energy storage system to Coachella Energy Storage Partners (CESP) in order to develop one of the largest battery storage plants in the western U.S. In February 2015, Hitachi America, Ltd., a wholly owned subsidiary of Hitachi, Ltd., and Demansys Energy, Inc. constructed and commissioned a 1-MW lithium-ion energy storage facility by utilizing Hitachi's CrystEna*1, a compact, container-type energy storage system. In July 2017, Xcel Energy and Panasonic announced a collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), Denver International Airport (DEN), and LC Fulenwider, Inc. in order to study the possible implementation of a carbon-neutral energy district master plan for Pena Station NEXT in Denver, Colorado. The partnership has commissioned 1-MW/2-MWh lithium-ion battery energy storage systems.

Read the entire article here.