Analysis

Biden ratchets up tariffs on Chinese EVs, solar, batteries

published: 2024-05-15 15:46

On May 14, the White House issued a statement saying that it would significantly increase tariffs on Chinese EVs, lithium batteries, solar cells, steel and aluminum, cranes and other products imported from China. Among them, the t... more

Energy Storage Industry Outlook from 2024 to 2029

published: 2024-05-13 17:02

The principles governing industrial growth mirror the vertical trajectory of the sector, encompassing its inception, maturation, and establishment. In 2022 and 2023, China’s new energy sector continued its upward trajectory, with ... more

Four Keywords Shaping the New Energy Storage Industry in 2024

published: 2024-05-10 17:48

Amidst the pursuit of dual carbon targets, there's a heightened focus on advancing new energy storage technologies. Lithium-ion, compressed air, and other storage methods are poised for significant development, indicating a promis... more

Policy- and Demand-Driven Surge: C&I Energy Storage Market Booms Amidst Rising Demand

published: 2024-05-08 17:45

In 2023, the commercial and industrial (C&I) energy storage sector saw a significant uptick in installations, marking a pivotal moment with 4.77 gigawatt-hours (GWh) of energy storage capacity added. This surge was largely fue... more

Global Trends Analysis of Residential Energy Storage Industry Based on the Development of Overseas Companies and U.S. Market Sees Swifter Rebound in Demand Compared to Europe

published: 2024-05-07 17:52

With the rapid development of residential energy storage in Europe, it has emerged as a key player in the realm of energy transformation. On one hand, the imperative of transitioning to renewable energy sources is undeniable. On t... more

Unveiling the Unique Traits of Regional Residential Storage Markets

published: 2024-05-06 17:35

The European energy storage market is primarily fueled by its commitment to enhancing energy self-sufficiency and the compelling economics of energy storage systems (ESS). As the destocking process gradually nears its conclusion, ... more

Rising Popularity: Unveiling the Growing Appeal of the Energy Storage Industrial Chain

published: 2024-04-30 17:10

In 2023, amidst a fierce price war among suppliers and a fragmented competitive landscape, the domestic energy storage companies find themselves heavily reliant on mandatory policy installations. Concerns about future development ... more

ESS Prices Plummet to Historic Lows

published: 2024-04-29 16:58

Since 2023, the battleground of pricing has grown fiercer, with the cost of lithium carbonate plummeting, signaling an escalation in the price wars of ESS tender projects. Amidst industry fluctuations, pricing has emerged as the p... more

South Africa's Hybrid Power Projects and 1.14GWh Energy Storage Capacity: Exploring Opportunities in the Market

published: 2024-04-28 17:46

According to the report, Scatec, a Norwegian renewable energy company, has unveiled the Kenhardt solar farm in the Northern Cape, boasting a capacity of 540 MW. This project, featuring 225 MW of battery storage and a total storage... more

Forecasting the Development of Italy’s Energy Storage Market in 2024

published: 2024-04-26 17:37

Top 3 European Markets for Battery Storage Installations in 2023 Germany, the U.K., and Italy emerged as the leading markets for battery storage installations in Europe during 2023. According to TrendForce statistics, Germany, the... more