The International Photo voltaic Council (GSC) just lately introduced it might broaden its mandate to signify each photo voltaic PV and battery storage — turning into the world’s first world commerce affiliation for battery storage.
Credit score: Arevon
The announcement coincided with the launch of GSC’s complete Grid & Storage Position Paper: Connecting the Sun, signaling the impartial group’s evolution from a solar-only advocate to a voice for the photo voltaic and storage ecosystem.
“In the present day we’re pioneering a wholly new period of worldwide vitality management,” stated Sonia Dunlop, CEO of the International Photo voltaic Council. “Till at this time, the world’s fastest-growing vitality storage know-how had no unified world voice. That adjustments now. Photo voltaic and storage have developed from complementary applied sciences to an built-in answer remodeling how the world thinks about dependable, regionally produced energy. GSC is stepping as much as lead this transformation as a result of we have to transfer past conventional silos. We have to assist policymakers perceive and implement the pivotal infrastructure this decade requires.”
International battery capability has skilled unprecedented progress, increasing from lower than 1 GW in 2013 to over 155 GW at this time. Trade projections point out a further 350 GWh of capability will come on-line in 2025 alone. Regardless of this, present brief and lengthy period storage deployment falls dramatically in need of the 1,500 GW of storage capability required to triple renewable vitality by 2030. Annual storage funding reached $60 billion in 2024 and is poised for fast progress.
GSC’s Connecting the Solar report outlines particular actions for leaders to deal with this storage deficit and preserve momentum to triple renewables by 2030, together with:
- Setting nationwide storage targets built-in with wider system planning.
- Modernizing electrical energy markets by permitting storage to offer grid providers and rewarding flexibility.
- Facilitating regional super-grids and cross-border interconnections to boost system flexibility.
- Unlocking capital for photo voltaic and storage in rising markets by means of derisking mechanisms and modern financing to speed up deployment on the scale wanted for vitality transition.
- Accelerating next-generation applied sciences, reminiscent of grid-forming inverters, to extend flexibility and wider system resilience.
GSC’s evolution displays a broader, sector-wide shift towards integration of photo voltaic plus storage, with greater than 30% of recent battery installations in 2024 paired with photo voltaic PV. In lots of markets, photo voltaic and storage has develop into the default deployment mannequin. Battery prices have plummeted 93% since 2010, making storage economically viable throughout numerous purposes, from utility-scale initiatives to residential methods.
To speed up deployment, GSC is assembling a battery storage coalition and has initiated partnerships with the International Battery Alliance, the Worldwide Battery and Vitality Storage Alliance (IBESA), and the Future Storage and Techniques Integration Alliance (FESSIA) – spanning mining, manufacturing, deployment and recycling.
Information merchandise from GSC
