On June 6, 2024, the European Central Bank started to cut interest rates, reducing the deposit facility rate from 4% to 3.75% and the refinancing rate from 4.5% to 4.25%.
(1) Interest rates are an important factor affecting the wi... more
energy storage
May EV Battery Demand and Prices Remain Stable, June Prices Likely to Drop, Says TrendForce |
| published 2024 年 06 月 06 日 17:51 |
TrendForce research reveals that after experiencing low capacity utilization in the first quarter, the EV battery industry saw a significant recovery in market demand starting in March. April’s peak season led to a surge in demand... more
Energy storage is inextricably linked to internal circulation, and good money is ushering in new growth |
| published 2024 年 06 月 05 日 17:41 |
The frequent energy storage fire accidents around the world have not only caused significant casualties and property losses, but also triggered a deep reflection on the safety management and supervision of energy storage power sta... more
Europe’s Battery Capacity Surpasses 20 GW |
| published 2024 年 06 月 04 日 16:45 |
Norway aims to be a leader in the battery storage market in the Nordic region, but Sweden and Finland have surpassed it in BESS deployments. Jon Ferris, an analyst at research firm LCP Delta, examined the energy storage market dyn... more
IRS Releases New Proposal for IRA Renewable Energy Tax Credits |
| published 2024 年 06 月 04 日 15:01 |
On June 3rd, the U.S. government proposed new incentives under the Inflation Reduction Act (IRA) that would provide tax credits for electricity with low or zero greenhouse gas emissions, thereby aligning financial assistance with ... more
U.S. Tariff Hikes Expected to Boost ESS Installation Capacity |
| published 2024 年 06 月 03 日 17:39 |
The new tariffs imposed by the U.S. target several sectors, including steel and aluminum products, semiconductors, electric vehicles, lithium-ion batteries and their components, critical minerals, solar cells, harbor cranes, and m... more
The price of the energy storage industry chain continues to fall |
| published 2024 年 06 月 03 日 16:53 |
Affected by factors such as declining upstream raw material prices, the increase of market supply, and intensified competition, the sales price of energy storage batteries and systems has continued to decline since 2023.
According... more
GCL Energy Storage Technology's Kunshan Factory Commences Operations |
| published 2024 年 05 月 31 日 16:22 |
On May 27, the inauguration ceremony of GCL Energy Storage Technology's Kunshan factory was held at Kunshan Pingqian International Modern Industrial Park. The project is primarily responsible for the planning, R&D, introductio... more
Brazil's new photovoltaic installed capacity exceeds 6GW from January to May 2024 |
| published 2024 年 05 月 30 日 16:50 |
Solar energy in Brazil has achieved a remarkable milestone. According to the latest data from the Brazilian Photovoltaic Association (Absolar), Brazil installed more than 6GW of new photovoltaic capacity between January and May 20... more
China's Plan for Renewable Energy and Carbon Reduction by 2025 |
| published 2024 年 05 月 30 日 16:48 |
On May 29, the State Council issued the "2024-2025 Energy Conservation and Carbon Reduction Action Plan," emphasizing the acceleration of non-fossil energy development. The document mandates focusing on constructing large wind and... more
