Renewable energy sources are now deemed as the power of the future. Electricity generation from renewable sources of energy has been booming for some time now, and with recent targets in net-zero carbon emissions, the boom is here to stay. Despite Covid-19 pandemic disrupting economic activity, travel and trade, sustainability efforts around making cities greener […]

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Big battery technology, answer to renewable energy

Renewable energy sources are now deemed as the power of the future. Electricity generation from renewable sources of energy has been booming for some time now, and with recent targets in net-zero carbon emissions, the boom is here to stay.

Despite Covid-19 pandemic disrupting economic activity, travel and trade, sustainability efforts around making cities greener through sun and wind have not slowed down. Alternative energy sources continue to gain momentum across the globe, with the production of clean energy technologies becoming much more diversified.

Big battery technology, where batteries hold the key to transitioning away from fossil fuel dependence is expected to play a greater role in the coming decade. With advanced technologies in this space, cities, businesses, energy retailers and homeowners are positioned to capture the massive economic opportunity underlying the shift to battery-based energy systems.

A surge in lithium-ion battery production has driven prices down, with electric vehicles becoming commercially viable. Now with the climate crisis more apparent, utility-scale storage using battery power is a reality around the globe.