Storage systems to provide one-fourth of newly
Over 80% of the new storage systems (5.2 GW) will be launched in California and Texas. The largest project will be the 460 MW Menifee Power Bank, which will be completed this year at the site of a former gas-fired power
Energy Transition Investment Hit $500 Billion in 2020
Domestic installation of energy-efficient heat pumps came to $50.8 billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices.
Tesla''s new $3.6 billion Nevada investment includes a
Tesla is investing more than $3.6 billion into its Reno, Nevada Gigafactory, and with part of the cash, it plans to build its "first high-volume Semi factory." Tesla also wants to use the
BloombergNEF: Energy storage investment levels
Despite the fall in unit prices for energy storage, a total of US$3.6 billion of investment was committed to energy storage projects in 2020, around the same amount as in 2019. A new report from BloombergNEF