News

Power Supply and Demand Tightens; Forecast for PV Installed Capacity Expected to Increase

published: 2023-08-02 14:49

The month-on-month growth rate of electricity demand has turned positive, resulting in a tightening power supply and demand situation. CEC has released its forecast report analyzing the national power supply and demand in the firs... more

Analysis of the Global Energy Storage Market in 2023

published: 2023-08-02 14:48

U.S. Large-size Energy Storage: As per the estimations by EIA, the grid-connected utility energy storage in the U.S. surpassed 1MW/1036MWh in June 2023. Impressively, from January to June, the cumulative grid connection reached 1.... more

New Energy Vehicles: Expected to Reach the Bottom; Seeking New Technologies and Other Catalysts for Growth

published: 2023-08-02 14:45

The anticipated bottom of the lithium plate market has now taken shape and stabilized. Several factors have contributed to this situation. Firstly, the customer demand for new energy vehicles and energy storage remains robust. Sec... more

Wind and PV Energy Storage: Scheduling Production Increased Significantly month-on-month in August; The Medium-term Solar and Energy Storage Parity Drives the Growth Rate Up

published: 2023-08-02 14:44

Regarding the PV side, we have observed that in August, the scheduling production of modules is expected to rise by approximately 15% compared to the previous month. Leading film companies, on the other hand, are projected to expe... more

Expectations For Supply and Demand Indicate a Slight Improvement, While PV Glass Prices Are Anticipated to Rise

published: 2023-08-02 13:46

As of July 28, the prevailing price for domestic 2.0mm coating PV glass remains steady at 17 yuan/㎡, compared to the previous week. Similarly, the mainstream price for 3.2mm coating PV glass stands unchanged at 25 yuan/㎡. Currentl... more

CATL’s Energy Storage Business Achieved Remarkable Results

published: 2023-08-01 17:07

CATL: In the first half of 2023, CATL’s energy storage business achieved remarkable results, recording revenue of 27.985 billion yuan and the sale of energy storage batteries reached nearly 35 GWh. On July 25, CATL released its 2... more

U.S. Electricity Prices Hit New High for the Year; Germany Releases Updated National Hydrogen Strategy

published: 2023-08-01 17:06

U.S. Electricity Prices Reach Record High: As of July 25, the weighted average price of electricity on the ICE (Intercontinental Exchange) surged to $1,068.9 per MWh. This represents a significant 36% increase from the previous we... more

Global Energy Storage Battery Shipments: CATL Leads the Pack in the First Half of 2023

published: 2023-08-01 17:05

According to the ICC, global energy storage battery production witnessed substantial growth in the first half of 2023, reaching an impressive 98 GWh. This marked a remarkable year-on-year increase of 104%. Moreover, the shipment o... more

Hydrogen Energy: Germany Has Taken A Major Step Towards Advancing Its Hydrogen Energy Sector

published: 2023-08-01 17:00

Germany has taken a major step towards advancing its hydrogen energy sector by adopting an updated version of the National Hydrogen Energy Strategy on July 26th. The revised strategy outlines ambitious goals for the country’s hydr... more

Lithium Battery Prices Follow the Trend of Falling Lithium Carbonate Prices

published: 2023-08-01 15:23

Lithium Batteries and Materials: In June, China’s power battery production reached a total of 60.2 GWh, representing a substantial year-on-year increase of 45.70% and a month-on-month increase of 6.3%. Regarding loading capacity, ... more

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