Tag: battery cells

Top 10 Energy Storage Trends in 2023

At the beginning of each year, we pause to reflect on what has happened in our industry and gather our thoughts on what to expect in the coming 12 months. These 10 trends highlight what we think will be some of the most noteworthy developments in energy storage in 2023. Lithium-ion battery pack prices remain elevated, averaging $152/kWh. In 2022, volume-weighted price of lithium-ion battery packs across all sectors averaged $151 per kilowatt-hour (kWh), a 7% rise from 2021 and the first time BNEF recorded an increase in price.

Read More

FREYR to deliver 31 GWh battery cells in 5 years

FREYR Battery, a Norwegian renewable energy storage company, has signed its first off-take agreement for at least 31 GWh of low-carbon battery cells with an unidentified energy storage system manufacturer (ESS). Based on FREYR battery cells, the two companies have committed to work together to develop unique technology solutions for the fast-growing worldwide ESS industry.

Read More