26 Feb '16, 9pm

Storage is the next frontier in #solar development. Battery technology market to reach $10B by 2030

Lithium-ion (Li-ion) batteries have led to revolutions in consumer electronics, electric vehicles, and grid storage, but still face limitations in cost and performance. While incremental improvements will extend their dominance into the next decade, a new generation of battery technologies are rising and will be worth USD 10 billion by 2030, according to Lux Research (Boston, MA, U.S.). “Next-generation battery developers are pursuing technology improvements and mass-production scale-up, though incumbent Li-ion is still improving quickly, thanks to massive investments,” said Cosmin Laslau, Lux Research Senior Analyst and lead author of the report titled, “The Next-Generation Battery Roadmap: Quantifying How Solid-State, Lithium-Sulfur, and Other Batteries Will Emerge After 2020.” “Companies with an important stake in the battery market should invest in next-generation batt...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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