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Industry reacts to CATL zero-degradation battery storage claim

The claim by CATL that its latest BESS product has no degradation for the first five years of operation has provoked debate in the industry.

Lithium-ion Battery Energy Storage Market Size to Hit $26 22 Billion, Globally, by 2028 - Exclusive Report by The Insight Partners

Lithium-ion Battery Energy Storage Market is growing at a CAGR of 13.9% from 2023 to 2028.Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) According to The Insight Partners, “Lithium-ion Battery Energy Storage Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Capacity (0-10 kW, 10-20 kW, 20-50 kW, and Above 50 kW), Connection Type (On-Grid and Off-Grid), and End-use (Residential, Commercial and Industrial, and Utility),” the market was valued at $7.97 billion in 2022 to $26.22 bil

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