The power capacity of global installed front of the meter energy storage is expected to reach 21.6GW in 2025, according to a new report by Navigant Research, with one of the firm's analysts calling this exponential growth prediction "dramatic", but also realistic.
Solar Intelligence analyst Finlay Colville reports back from SNEC in Shanghai, which finished yesterday. In the first installment of a two-part blog, he draws on his extensive knowledge and analysis of the global PV market to put his findings into the context of wider trends.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
