Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS.
China’s share of the lithium-ion battery cell production capacity market is set to fall from 75% in 2020 to 66% in 2030, according to Clean Energy Associates in a new report.
The award of contracts by utility Southern California Edison (SCE) for 537.5MW/2.150MWh of battery energy storage systems (BESS) has enabled a significant rise in revenues for Ameresco’s project business.