Oct 24, 2024 · After a decade of lithium-ion procurement, the leading clean energy states are finally turning their attention to long duration energy storage. Although it may still seem like a
Nov 27, 2023 · The 800-Pound Gorilla in the Renewable Energy Room Let''s face it – solar panels don''t work when the sun clocks out, and wind turbines take coffee breaks during calm days.
Jul 3, 2025 · According to media reports, California Community Power (CC Power) recently announced that an 8-hour lithium-ion battery energy storage project has become their first long
Jun 19, 2025 · According to media reports, California Community Power (CC Power) recently announced that an 8-hour lithium-ion battery energy storage project has become their first long
It is an ‘evolution’ of the 4-hour duration storage that Quinbrook built for its solar projects in the US and UK. “Projects in high year round solar locations can already produce power for up to 14 hours a day. Doubling the storage duration improves cost competitiveness to a significant degree,” shared Quinbrook.
The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision. The energy transition requires the deployment of firm, reliable power, which wind and solar alone do not provide.
The energy transition requires the deployment of firm, reliable power, which wind and solar alone do not provide. Without long-duration electricity storage (LDES), grids must rely on inefficient and expensive fossil fuel backup, undermining both decarbonisation and economic stability.
The groundbreaking storage solution, believed to be the world’s first genuine 8-hour battery at more than double the current maximum 4 hour duration BESS, has been developed after extensive collaboration between CATL, Quinbrook and technical experts from Quinbrook affiliate Private Energy Partners.
The solution is an evolution of the milestone solar+battery storage projects Quinbrook has built in the US and UK which use a 4 hour duration battery storage and set new milestones for the time shifting of solar power and cost competitive renewable power.
Long-duration storage is a solution to decarbonize the industrial setup with renewable energy. Quinbrook and CATL present a quickly deployable solution like EnerQB as a worthy alternative to other storage solutions including pumped hydro projects.
The global residential solar storage and inverter market is experiencing rapid expansion, with demand increasing by over 300% in the past three years. Home energy storage solutions now account for approximately 35% of all new residential solar installations worldwide. North America leads with 38% market share, driven by homeowner energy independence goals and federal tax credits that reduce total system costs by 26-30%. Europe follows with 32% market share, where standardized home storage designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting residential storage for backup power and energy cost reduction, with typical payback periods of 4-7 years. Modern home installations now feature integrated systems with 10-30kWh capacity at costs below $700/kWh for complete residential energy solutions.
Technological advancements are dramatically improving home solar storage and inverter performance while reducing costs. Next-generation battery management systems maintain optimal performance with 40% less energy loss, extending battery lifespan to 15+ years. Standardized plug-and-play designs have reduced installation costs from $1,200/kW to $650/kW since 2022. Smart integration features now allow home systems to operate as virtual power plants, increasing homeowner savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for solar storage installations. New modular designs enable capacity expansion through simple battery additions at just $600/kWh for incremental storage. These innovations have improved ROI significantly, with residential projects typically achieving payback in 5-8 years depending on local electricity rates and incentive programs. Recent pricing trends show standard home systems (5-10kWh) starting at $8,000 and premium systems (15-20kWh) from $12,000, with financing options available for homeowners.