1. IHS Markit predicts more than 10GW of global energy storage deployments in 2021

    IHS Markit predicts more than 10GW of global energy storage deployments in 2021

    Analysis and research firm IHS Markit has predicted that over 10GW of new energy storage will be deployed during this year, with around half of those additions in the US market. The company said in a new report that this would be more than double the 4.5GW of global capacity additions in 2020. Meanwhile the US’ strong lead will continue with the market gaining in share until 2023, when IHS Markit senior analyst for clean technology George Hilton said the pipeline in the country reduces.

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