The Mira Loma battery storage project isn't SCE's first. The Tehachapi Energy Storage Project, completed last year, has 32MW of capacity. The battery storage facility, located in SCE’s Monolith substation in Tehachapi, Calif., comprises 604,832 lithium-ion battery cells housed in 10,872 modules of 56 cells each, stacked in 604 racks arranged in rows. That project took a year and a half to complete, compared to the three months it took the Mira Loma substation to be built.
The Tehachapi Energy Storage Project has 32MW of capacity.
The global energy storage market is expected to double as homes and businesses adopt battery energy to supplement rooftop solar and other renewable systems, according to research firm IHS.
Researchers predict that 378.1GW of new solar and wind generating capacity will be installed globally over the next five years, requiring a massive amount of energy storage.
Over the next decade, energy storage capacity in developing countries is expected to skyrocket from 2 gigawatts (GW) today to more than 80GW, according to a new report by the World Bank Group.
The report predicts the annual growth in energy storage capacity will exceed 40% a year over the next decade.
Tesla CEO Elon Musk announced earlier this month that his company is now mass producing li-ion batteries for both commercial and residential use in the company's first "gigafactory" outside Reno, Nev. Musk plans to build other gigafactories around the world.
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