Falling battery costs drive new revenue opportunities

Battery costs today stand at $180/kWh, and are expected according to the recent Bloomberg New Energy Outlook to halve again by 2025. The rate of this price reduction is on a par with solar PV, which has led to an explosion of deployment globally. “We expect cheaper batteries to present new revenue opportunities. In the […]

UK battery storage market up 50% in 2018

A new article from Bloomberg reports installed battery capacity in the UK in 2018 is expected to reach over 300MW, amounting to 500MW installed in total. Utility scale batteries play an ever-increasing role in this country where a fifth of power is from wind and solar. Meanwhile, Bloomberg predicts that the energy storage market will double […]

Abraham Louw joins New Resource Partners team

During his time at BNEF Abraham spearheaded Bloomberg’s work to size the clean energy investment world, as quoted in several of its quarterly publications. Abraham also wrote on the scale of development bank investment in clean energy and provided the data used in the UN’s report, Global Trends in Renewable Energy Investment. Abraham will be driving our data, analytics […]