Bloomberg Forecasts Another Large Drop in Battery Energy Storage Prices

battery energy storage prices

BloombergNEF (BNEF) delivered good news this week for microgrid projects that plan to incorporate storage (which are many). Battery energy storage prices are set to take another big dive. BNEF’s 2019 Battery Price Survey forecasts that the average price for battery energy storage will be close to $100/kWh by 2023, down from $156/kWh this … [Read more...]

India’s Universal Energy Access Drive Opens Up 30-GW Market Opportunity

universal energy access

Distributed renewables, energy storage and microgrid controllers are set to play a bigger role as India looks to improve power generation, extend universal energy access, and achieve climate targets, according to Bloomberg New Energy Finance (BNEF). Off-grid and grid-connected, distributed solar currently makes up just a small percentage of … [Read more...]