energy storage

EVE invested 3.3 billion yuan to build an energy storage battery and consumer battery project

published 2024 年 07 月 08 日 16:07

TrendForce has learned that on July 6, EVE announced that EVE Malaysia Limited, a wholly-owned subsidiary of the company, intends to invest in the construction of energy storage battery and consumer battery projects in Malaysia, w... more

Once decarbonized, U.S. household electricity demand exceeds 1,500GW in 2035 , renewable energy demand reaches 1.4TW

published 2024 年 07 月 05 日 17:01

As households increasingly electrify appliances, heating and cooling systems, and shift to driving electric vehicles, utilities face new challenges to decarbonize and maintain customer affordability while meeting demand. By 2035, ... more

Development of the UK's Energy Storage Industry: Current Trends and Future Prospects

published 2024 年 07 月 05 日 16:59

The recent development of the UK's energy storage industry has drawn increasing attention from overseas practitioners, achieving significant progress in recent years. According to Wood Mackenzie, the UK is expected to lead Europe'... more

Tesla's energy storage product deployment hit a record high, and the company signeer a large energy storage order

published 2024 年 07 月 04 日 17:54

TrendForce has learned that on July 2, Tesla's production and delivery report for the second quarter of 2024 was released. According to the report, in terms of energy storage product deployment, Tesla's installed energy storage ca... more

Poland’s Capacity Market Rule Change Could Deal a Major Blow to Battery Storage Systems

published 2024 年 07 月 03 日 17:37

The Polish government recently announced a reduction of the derating factor for battery energy storage systems to 57% in the country’s upcoming capacity market auction. This announcement has sparked significant concern in the indu... more

Europe Completes De-Stocking, Emerging Markets See Surge in Installations

published 2024 年 07 月 01 日 17:36

After 2020, the energy crisis in Europe caused electricity prices to soar, making residential storage much more economically viable. Additionally, the Russian-Ukrainian conflict in 2022 further boosted demand for residential stora... more

LG Energy Solution Halts Arizona ESS Battery Plant Construction Amid Market Adjustments

published 2024 年 07 月 01 日 17:07

LG Energy Solution has halted the construction of its energy storage system (ESS) battery production line at its Arizona plant in the United States. Seven months ago, the company broke ground on this project in response to a stagn... more

2GWh! Gotion High-Tech wins international energy storage orders

published 2024 年 06 月 27 日 17:50

From June 18th to 21st, Gotion participated in 2024 The Battery Show Europe and 2024 The Smart E Europe in Germany with full-scenario green energy solutions, which was the first time for Gotion to debut in European exhibitions. At... more

Energy storage battery exports are growing explosively

published 2024 年 06 月 27 日 17:46

The latest data shows that in May, the export volume of power batteries was 9.8 GWh, a year-on-year decrease of 13.1%, and the export volume of other batteries (mainly energy storage batteries) reached 4GWh, a year-on-year increas... more

2024 H1 Energy Storage Product Overview

published 2024 年 06 月 26 日 17:59

1. Price Now, the energy storage industry is in a stage of fierce price competition. The price of battery and systems continues to decline due to the imbalance between supply and demand, and most companies need to strive for domes... more

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