Global Energy Storage Market to Grow 15-fold over Four Years: IHS

Colorado-based IHS is forecasting a 15-fold increase in energy storage used with solar. The research firm sees energy storage reaching 3.6 GW by 2018, up from 231 MW in 2014. The company released the forecast Monday at the SNEC 9th (2015) International Photovoltaic Power Generation Conference & Exhibition in Shanghai. IHS said that the … [Read more...]

North America Expected to Dominate Smart Grid Sensor Market: Study

North America is the center of what looks like a burgeoning market for smart grid sensors, according to a new study by IHS. The research firms sees the market roughly doubling in size every two years and reaching $350 million by 2021. The sensors offer utilities granular detection of activity on the grid and can assist in fault detection, theft … [Read more...]