According to the International Energy Agency, most of the global reductions in CO2 emissions between now and 2030 would come from technologies available today. In a recent report, the agency sets what it described as a “cost-effective and economically productive” pathway resulting in an energy economy “dominated by renewables like solar and wind.”

The famous electric car manufacturer is reportedly shifting to cobalt-free lithium iron phosphate (LFP) batteries for its utility-scale battery.

In an earnings call, the company said that storage deployments grew 71% YoY and solar installations were its strongest in 2.5 years.

A U.S. research group has used high-resolution data to drill down to individual parcels of land, in order to figure out how much space is available for solar at optimal locations and preferred sites.

Nearly 1.4 GW of battery energy storage capacity is under construction and slated for delivery in the United States during 2021, according to data from FERC and DOE.

AES and Siemens will remain major shareholders and will continue to support Fluence’s long-term growth. The company currently has 2.4 GW of projects deployed or awarded across 24 countries and territories worldwide.

The strategy includes accelerating the transition of technologies from the lab to the marketplace, focusing on ways to manufacture technologies at scale in the United States and ensuring secure supply chains to enable domestic manufacturing.