TU-TESL

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The U.S. energy storage industry set a new deployment record in 2018. This breakthrough trend will continue in 2019 and 2020, and it is expected that the installed capacity deployed in the U.S. energy storage project will be twice and triple that in 2018, respectively. By the end of this year, global solar power generation will grow to more than 26 times that of 2009, which is equivalent to the annual power consumption of 100 million households in the United States. Bloomberg new energy finance estimates that by 2050, global investment will reach $843 billion, reflecting the importance of batteries in driving this growth. Avicenne, a market analyst at the company, predicts that the number of batteries required for energy storage applications will more than double between 2015 and 2025, from 100GWh to more than 400 GWH. With the rapid development of the electric vehicle revolution, 120 million electric vehicles will be on the road in the United States, the European Union and China by 2030, and the role of batteries will become more important. Due to the huge demand, only one battery technology can not meet the market demand. Lithium ion battery technology is undoubtedly the core player, and advanced lead-acid battery is the only battery that can meet the technical requirements of automobile and energy storage applications in the market. With the world's efforts to achieve carbon emission targets, advanced lead-acid battery has become an effective, reliable and safe battery technology, which will play a crucial role. In the field of sustainable development and circular economy, the recovery rate of lead-acid battery in the United States and Europe is as high as 99%. The battery innovation alliance, composed of global battery manufacturers, lead producers, battery suppliers and the world's leading universities and testing institutions, has developed a roadmap for technological innovation. Based on extensive global market analysis and working with end users, this roadmap aims to deliver the next generation of lead-acid batteries through research and innovation. Nowadays, almost every car uses lead-acid batteries, and the increasing number of electric vehicles also require to improve the performance of lead-acid batteries. For energy storage applications, the battery innovation alliance has set the goal of increasing the battery charging and discharging times to 5000 cycles by 2022, which is a key performance improvement. The number of battery charge and discharge is very important for the performance of battery energy storage system, especially for intermittent renewable energy (such as solar energy). Setting a goal of 5 times performance improvement will enable lead-acid battery manufacturers to seize the opportunity to provide reliable, safe and cost-effective energy storage services. Large scale solar power generation equipment operated by New Mexico public service company (PNM) uses eastpenn / ecoult's lead-acid battery energy storage system. With the combination of global interconnection technology and clean energy, this will bring a brighter future for the battery market. The dawn of 5g will play a core role in supporting mobile network and infrastructure for UPS power supply and telecommunication industry. The battery innovation alliance believes that the potential of lead-acid battery technology has not been fully utilized, and the battery industry needs to continue to develop and innovate to ensure the achievement of the ambitious carbon emission goals. A community power provider in Missouri deployed a 1mwh energy storage solution with Northstar lead-acid batteries.