Critical roles emerging for long-duration energy storage

We anticipate the long duration energy storage market will grow to $4 trillion by 2040— these companies are making smart investments now to capitalize on this opportunity.

Rondo Energy and Siam Cement Group have partnered to scale up production of Rondo’s Heat Battery, which stores electric power as high-temperature heat in refractory brick without the use of combustibles, critical minerals, toxic chemicals, or liquids. Manufacturing capacity for 2.3 GWh per year is already online and expected to increase to 90 GWh per year. That’s larger than any current battery manufacturing facility worldwide. Read more on PV Magazine.