Renewable Integration to Drive an $8.3 billion Grid-Connected Battery Storage Market by 2024
The grid-connected utility-scale battery storage market is expanding rapidly, driven by impressive technological breakthroughs and growth in manufacturing capabilities. The rising profile of the market has caught the attention of governments, which are now rolling out favourable policy initiatives such as subsidies, preferential tariffs and targets in core markets. Commercialization of utility-scale grid-connected solutions will accelerate after 2017, bringing huge opportunities for companies that have the technological capabilities to compete.
Powered by WPeMatico