Analysis

In 2023, the global economy weakened, and inflation saw a decline, impacting the willingness of key contributing countries to undertake major installations. Concurrently, the production capacities of raw materials crucial for sola...  more

Influenced by various factors like the rapid expansion of new energy capacity, the evolution of power trading models, the decrease in raw material costs, and backing from national policies, the global new energy storage market is ...  more

2022 marked a pivotal moment for the energy storage sector. Fueled by favorable conditions both at home and abroad, the global energy storage market experienced explosive growth. This momentum has continued into 2023, with the mar...  more

According to Bloomberg New Energy Finance predictions, the global cumulative installed capacity for household energy storage is anticipated to surpass 15GW/34GWh by the close of 2023, with projections indicating a surge to 93GW/19...  more

Presently, the installed capacity of energy storage is on the rise, and its prices continue to plummet, making it challenging for the market to gauge the shifts in industry profits. From the perspective of installed demand, there ...  more

On November 15th, China and the United States collaboratively issued the Sunnylands Statement to Enhance Cooperation in Addressing the Climate Crisis. This declaration underscores the shared acknowledgment between both nations tha...  more

On the 19th of November, the initial shipment of 30,000 280Ah energy storage batteries, needed for Tianjin Zhongdian New Energy Research Institute's 322.5MWh industrial and commercial energy storage initiative, smoothly departed f...  more

While excess production capacity and a shrinking overseas demand for energy storage pose challenges, 11 leading companies have defied the odds. In the first 11 months of this year, they secured overseas orders totaling nearly 250G...  more