Research firm Fastmarkets recently forecast that average lithium-ion battery pack prices using lithium iron phosphate (LFP) cells will fall to US$100/kWh by 2025, with nickel manganese cobalt (NMC) hitting the same
While the U.S. battery storage capacity is expected to increase this year, the industry could suffer from the imposition of tariffs on imports by the Trump administration, as
China Li-ion Battery E-News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire Li-ion battery industry chain, from lithium ore and brine
In 2025, the lithium market is expected to experience robust demand growth driven by electric vehicles (EVs) and energy storage, while supply growth moderates and
UK BESS Outlook 2025: Key Developments to Watch LDES Cap-and-Floor Scheme: A New Support Plan The Department for Energy Security & Net Zero (DESNZ) is set to roll out a cap
Bulgaria Lithium-ion Market (2025-2031) | Companies, Industry, Trends, Segmentation, Growth, Analysis, Outlook, Size & Revenue, Value, Competitive Landscape, Share, Forecast
Developers expect to bring more than 300 utility-scale battery storage projects on line in the United States by 2025, and around 50% of the planned capacity installations will be in Texas. The five largest new U.S.
Lithium''s Role in a Clean Energy Future Lithium is considered by the U.S. government to be one of 35 critical minerals vital to the nation''s security and economic prosperity. Global lithium
The global lithium-ion battery market isn''t slowing down anytime soon. In 2024, it stood at $73.16 billion. By 2032, it''s projected to climb to a staggering $283.11 billion.
In 2025, you''re looking at an average cost of about $152 per kilowatt-hour (kWh) for lithium-ion battery packs, which represents a 7% increase since 2021. Energy storage systems (ESS) for four-hour durations exceed $300/kWh, marking the
Shanghai Sermatec Energy Technology Co., Ltd. signs an agreement to install 430 MWh of energy storage in Bulgaria, consolidating its position in the European market and
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
In 2024, global demand for lithium-ion batteries in energy storage is expected to reach 256.41 GWh, and this will rise to 355.22 GWh in 2025 and 463.23 GWh in 2026. Inventory Trends Lithium carbonate inventories began to climb at the
A worldwide shortage for lithium could be on its way as demand for the metal ramps up, with some analysts forecasting that it could come as soon as 2025.
Bulgaria''s energy storage tender is open to all technologies, but most projects are likely to have proposed lithium-ion battery energy storage systems (BESS) and Malinov
Demand for energy storage continues to escalate, the global battery energy storage (BESS) landscape is poised for significant installation growth and technological advancements. A report by global research and
The 2024 ATB represents cost and performance for battery storage with durations of 2, 4, 6, 8, and 10 hours. It represents lithium-ion batteries (LIBs)—primarily those with nickel manganese
In 2010, lithium was a little-known material, primarily used in niche industrial applications like ceramics, glass and greases. Since then, the market has skyrocketed,
The global trend of automobile electrification has become a trend, driving the growth of lithium-ion battery shipments. Global lithium-ion battery shipments increased from
Historical Data and Forecast of Bulgaria Lithium-ion Market Revenues & Volume By Energy storage systems for the Period 2021- 2031 Historical Data and Forecast of Bulgaria Lithium-ion
Facing the tightening lithium supply challenge in 2025 The lithium market in 2025 is expected to face significant challenges due to production cuts, shifting demand patterns and geopolitical tensions. These factors are poised to
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities. Globally, energy storage deployment increased
The cost of lithium-ion batteries has fallen steadily over the past decade and will continue to do so in the year ahead. New BESS projects due online in 2025 and the next few
Lithium iron phosphate (LiFePO4) batteries are a type of lithium-ion battery known for their excellent thermal stability and long cycle life. They are made using a lithium iron phosphate
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
As renewable energy consultants and energy storage battery manufacturers, we understand that, in addition to technical feasibility, return on investment (ROI) is a crucial consideration when
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
The project will utilise Sermatec''s containerised lithium-ion battery solutions and aims to support grid stability, renewable integration, and peak load management. The storage
At the inauguration, Minister of Energy Zhecho Stankov stressed that the investment is a step toward reaching 10 GWh in operating battery storage capacity by the end
The Bulgaria energy storage project signed this month demonstrates how strategic infrastructure investments can accelerate the shift from fossil fuels. As battery costs continue falling (30%
Transformation of AES Galabovo into a large-scale energy storage facility using proven technology implemented in concentrated solar power plants (CSP) using molten salts
Energy storage in the Central and Eastern Europe (CEE) region is expected to soar in the next few years, with EU-backed schemes like this often providing the initial jump start before commercial models are mature enough
Under the RESTORE initiative, launched through Bulgaria’s National Recovery and Resilience Plan (NRRP), the Ministry of Energy has selected 82 projects that will collectively receive BGN 1.15 billion (approximately $675 million) in public funding.
The portion reportedly totals €653 million, separate to the above scheme, is related to delays in specific reforms needed to access the funding. The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present.
The largest BESS online today in Bulgaria is a 25MW/55MWh system deployed by independent power producer (IPP) Renalfa and lithium-ion and BESS manufacturer Hithium.
