In Switzerland, the energy policy includes a RET target of at least additional 5.4TWh by 2030 compared to 2000 (the production in 2010 was 66.3TWh; see
READ MOREGlobal and Swiss Cleantech Investment Trends 2020. Last year, Resources & Environment innovators raised over $2 billion globally across 246 deals, Carbon Capture, Recycling & Waste and Construction innovators raised considerable investments. In Switzerland, decarbonization is a core pillar of venture investment in
READ MOREIt found that total investment in energy transition technologies including renewables, hydrogen, electric vehicles (EVs) and carbon capture and storage hit record levels last year, with US$1.77 trillion total investment, a 17% increase from 2022.
READ MOREWe also cover thematic highlights such as the rise of green finance, performance of clean energy stocks and investment by oil majors. In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in
READ MOREOut to 2030, the global energy storage market is bolstered by an annual growth rate of 21% to 137 GW and 442 GWh by 2030, according to BNEF forecasts. In
READ MOREImage: sonyuser, pixabay. Share. From pv magazine Germany. Switzerland ''s solar energy industry association Swissolar estimates that between 430 to 460 MW of new PV systems have been
READ MORE2013-2023 New installed capacity of electrochemical energy storage (GW) IEA statistics indicate that among the world''s top ten energy storage project developers, half are Chinese companies. Furthermore, among the top 100 global energy storage project developers, approximately 74 are Chinese enterprises. Regional
READ MORESwitzerland is aiming to profoundly transform its energy system by 2050 through decommissioning its nuclear power plants, enhancing the use of renewable energy sources (RES) and fostering energy efficient processes and technologies.
READ MOREBNEF''s forecast suggests that the majority of energy storage build by 2030, equivalent to 61% of megawatts, will be to provide so-called energy shifting – in
READ MOREAccording to BNEF, energy storage investments must triple to USD 93 billion annually to reach net-zero. 1. Renewable but unreliable. Solar and wind are
READ MOREIn contrast, other factors that determine the long-term growth trend in energy consumption increased slightly in 2020: the permanent resident population (+0.7%), the LOOKING TO 2050, SOLAR THERMAL HAS A PLACE IN THE ENERGY MIX THAT NOT ONLY
READ MORESwitzerland has announced a new one-off incentive model for solar, in order to reimburse up to 60% of investment costs for installations that meet certain criteria. The scheme exists in addition
READ MORE1 BloombergNEF, Energy Transition Investment Outlook. 2023. 2 WEF, 2023. "Storage is the key to the renewable energy revolution" 3 Lane, Clark and Peacock, LLP. January 2021. "Is Battery Storage a good investment."
READ MORE• What is the role of energy storage technologies in contributing to a greater deployment of renewable energy technologies and a more efficient and effective use of energy in the
READ MOREResidential storage dominated this growth trend. TrendForce anticipates further expansion in 2024, with Italy projected to add 2.6GW/6.2GWh of ESS capacity. Italy has added ESS capacity from 2022 to 2024. The current state of the Italian grid market suggests that it is still in the nascent stages of development.
READ MOREGlobal energy investment is set to exceed USD 3 trillion for the first time in 2024, with USD 2 trillion going to clean energy technologies and infrastructure. Investment in clean energy has accelerated since 2020, and spending on renewable power, grids and storage is now higher than total spending on oil, gas, and coal.
READ MORE• Renewable energy covering up to 70% of the annual energy demand is limited to day/night storage and low cost, the remaining 30% are challenging (seasonal storage). •
READ MORESwitzerland is aiming to profoundly transform its energy system by 2050 through decommissioning its nuclear power plants, enhancing the use of renewable energy
READ MORESwitzerland''s energy storage market will expand 10-fold over the decade, reaching 2 GW / 3.8 GWh by 2033. Growth will be concentrated in the distributed
READ MOREEnergy storage is crucial for China''s green transition, as the country needs an advanced, efficient, and affordable energy storage system to respond to the challenge in power generation. According to Trend Force, China''s energy storage market is expected to break through 100 gigawatt hours (GWh) by 2025.
READ MOREEnergy storage is key to enable scaling of renewable power sources. London/New York, 10 December 2021 – UBS Asset Management (UBS AM) today announces the hire of three senior industry experts to establish a new energy storage strategy, further expanding the sustainable investing solutions provided by its Real Estate & Private Markets business.
READ MOREGrid-scale Energy Storage: Large-scale systems designed to support the electricity grid, such as pumped hydro storage, compressed air energy storage, and utility-scale battery installations. Distributed Energy Storage: A network of interconnected small-scale energy storage systems that can function together to provide grid services and
READ MOREGlobal investment in battery energy storage exceeded USD 20 billion in 2022, predominantly in grid-scale deployment, which represented more than 65% of total spending in 2022. After solid growth in 2022, battery energy storage investment is expected to hit another record high and exceed USD 35 billion in 2023, based on the existing pipeline of
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READ MOREFunding: €7,5M. Battrion, a Swiss-based start-up, boasts a unique storage solution for lithium-ion batteries aimed to increase the charging speed of high energy density cells. The technology focuses on improving the structure of the battery during the manufacturing process, enabling a faster charging. 12.
READ MOREWith its hydroelectric power plants in the Alps and innovative projects, Switzerland is contributing to the search for solutions for the efficient, long-term storage
READ MOREAccording to data released by the Swiss Photovoltaic Association, Swissolar, Switzerland added 1.5 GW of new PV capacity in 2023, marking a 40% increase compared to the 1.07 GW added in 2022. The cumulative PV capacity has reached 6.2 GW. Since 2017, Switzerland''s annual growth rate in PV capacity
READ MOREThere is a linear relationship between energy consumption per capita and GDP per capita (Creutzig et al., 2015), which most countries of the world follow, with a slope of 2.5 kWh/CHF for GDP <13 kCHF/(capita·year).The CO 2 emission intensity of the economies (Ritchie and Roser, 2020) worldwide is slowly decreasing from 0.44 kg/CHF to 0.34 kg/CHF in 1994
READ MOREGlobal investment in the energy transition hit a record $1.8 trillion in 2023, climbing 17% from a year earlier. Energy storage: Stationary storage projects (large- and small-scale) using lithium-ion batteries, compressed air, flow batteries and other emerging
READ MOREU.S. Large-size Energy Storage: As per the estimations by EIA, the grid-connected utility energy storage in the U.S. surpassed 1MW/1036MWh in June 2023. Impressively, from January to June, the cumulative grid connection reached 1.77GWh. Looking at the entire year, the EIA''s statistics project a substantial 9.6GW of storage
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