At Intersolar Europe 2024, ESS news spoke with George Hilton, research and analytics manager at S&P Global, about the state of the battery energy storage supply chain and falling prices. According to Hilton, overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies, and for many markets, now is the right time to jump in.
