Energy Storage Sector to Exceed 2030 Billion Dollars in 500

the energy storage industry will also exceed billion dollars
the energy storage industry will also exceed billion dollars

With the rapid introduction of electric vehicles in the world, battery technologies and the market have been growing exponentially for the last 3 years. By the beginning of 2021, the world battery market size has exceeded 45 billion dollars. It is stated that in 2025, the size of the market will exceed 100 billion dollars and the installed power will exceed 230 GW.

Explaining that the need for energy storage will increase exponentially in the next 10 years, TTT Global Group Chairman of the Board Dr. Akın Arslan said the following:

“With the explosion of widespread use of powerwall-like battery systems and solar power plants integrated into solar power plants in 2025 and beyond, the market is expected to grow exponentially within 10 years and exceed $ 2030 billion by 500,” he said.

Tesla installed powerwalls in 2020 thousand homes in 135

The rate of increase seen in the production of electric vehicles in the last 3 years is in a way that breaks the forecasts. While these are on the agenda, Tesla, which entered the automotive sector from the top with its 10% electric and autonomously supported vehicles and carried its value to a value greater than the sum of the seven biggest automotive brands in the world in just XNUMX years, entered a brand new lane.

Stating that Tesla installed powerwalls in 2020 thousand houses in 135, TTT Global Group President Dr. Akın Arslan continued his speech as follows:

“In the world's largest factory with a capacity of 5 GWh, built in the middle of the desert in Nevada in the USA with an investment of 35 billion dollars, besides automobile batteries, smart battery systems with a storage capacity of 7,5-13,5 kWh, called" powerwall ", started to be produced for homes. These systems, which were installed with an inverter and gateway for approximately 10 thousand dollars, can provide uninterrupted heating, cooling and all electricity needs of a 6-7 m300 villa where 350-2 people live actively. In the last 2 years, over 100 thousand houses in the USA and over 35 thousand in Australia have been installed. In 2021, it is planned to install in 250 thousand houses. The demand is expected to increase exponentially every year, ”he said.

Huge elephant factory investments attract attention in Europe

With the development of environmental sensitivities, the preference for electric vehicles in Europe has started to increase. In addition, TTT Global Group President Dr. Akın Arslan noted the following:

“In this direction, battery factory investments in Europe gained speed. Tesla builds the world's largest battery factory in Berlin. The annual capacity of the factory is planned as 100 GWh and the capacity can be increased to 250 GWh. German manufacturers; They are building 5 more gigafactory with Chinese, Korean and Japanese technology partners. Apart from Germany, battery factory investments with a total investment of more than 30 billion Euros in Hungary, Poland, Spain, Portugal, Slovakia, Norway, France and Czech Republic also attract attention. Given that Europe did not have a lithium-ion battery cell factory before 2017, it is clearer how the investments made were a strategic choice and direction, ”he said.

Aspilsan establishes Turkey's first Lithium-Ion battery cell factory in Kayseri

Aspilsan laid the groundwork for Turkey's first lithium-ion battery factory investment in Kayseri at the end of 2020. Explaining that the investment is extremely vital and strategic, TTT Global Group President Dr. Akın Arslan said the following:

“With this investment, which is a vital and strategic investment for Turkey, Aspilsan aims to produce 21,6 million battery cells annually at the beginning. With additional investments to be made in the coming years, the production capacity of the factory may increase to 5 GWh / year. The factory, which aims to start production at its pilot facility in 2023, will operate in a 25 thousand square meter closed area in Mimarsinan Organized Industrial Zone in Kayseri. The factory will be a pioneer in the production and development of new generation battery and charging technologies. The factory will be the first high-capacity battery cell factory in Turkey and the region. Indeed, for lithium-ion battery technologies, energy storage in homes will create an important market potential in the near future as much as electric vehicles, ”he said.

Companies that stand out in energy storage and battery systems: Tesla (USA), Panasonic (Japan), Siemens Energy (Germany), LG Chem (South Korea), VRB Energy (Canada), Fluence (USA), Total (France), Black & Veatch (USA), ABB (Switzerland) , Eve Energy Co. Ltd. (China), GE Renewable Energy (France), Hitachi Chemical Co., Ltd. (China), Hitachi ABB Power Grids (Switzerland), Samsung SDI (South Korea), Kokam (South Korea).

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