L R AS Published on Sunday 30 August 2020 - n° 329 - Categories:stopping / restarting of activity
Analysts differ on the recovery in battery production
IHS Markit points out that networks are investing heavily in battery storage. As a result, the United States will have an installed capacity of
15.1 GW / 47.8 GWh by 2025. Investments would increase from the $4.2 billion planned this year to $9.5 billion in five years.
Conversely, the British Interact Analysis highlights the current difficult situation of lithium-ion battery manufacturing equipment suppliers. After a complicated year 2019, forecasts envisage a rebound in lithium battery installations by 2020. The covid has cancelled this forecast because of the halt in business investment and restrictions on employee activity. Recovery is expected to occur in 2021, but the market will remain slightly below the pre-Covid forecast for the next three years. Similarly, the Chinese market will be 15.5% lower in 2020 to a disappointing level in 2019, before recovering in 2021 with a gain of 13.4%.
https://www.pv-magazine.com/2020/08/19/lithium-battery-equipment-makers-buffeted-by-covid/
PV Magazine of 19 August
