An Invenergy storage facility. Photo: Invenergy

BNEF 'more bullish' on storage thanks to cost falls and EVs

Research group says ever-increasing momentum of battery market points will see global capacity hit 942GW by 2040

6 November 2018 14:26 GMT Updated 6 November 2018 14:49 GMT

By Andrew Lee

Ever-steeper falls in battery costs and the opportunities opening up for electric vehicle charging prompted Bloomberg New Energy Finance (BNEF) to adopt

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BNEF 'more bullish' on storage thanks to cost falls and EVs