Gelion continues moving at pace towards commercialisation, fuelled by the global attention on energy storage systems and the positive feedback to the launch of Gelion ENDURE and our current market activity.
According to a recent Bloomberg study, the energy storage market is set to grow almost 70-fold from 2.3GWh deployed storage in 2016 to 158GWh in 2024. By 2040, the market size is forecast to grow to an incredible 857GWh – a sign of the changing world around us.
Gelion’s initial targeted energy storage applications will be solar farms, microgrid and peak load cost shaving or asset cost deferment for commercial and industrial and power company customers.
Our vision is to revolutionise the energy storage battery market through innovation that provides low-cost, safe and affordable batteries at scale.
Here’s how we’re getting there…