energy storage

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published 2023 年 06 月 08 日 9:30
Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ...  more

Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050

published 2023 年 05 月 11 日 9:30
British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 billion of accumulated investment opportunities. ...  more