The company achieved a net profit of 1.066 billion yuan in 2024Q1, a year-on-year increase of -6%. In 2023, the company will achieve revenue of 48.784 billion yuan, a year-on-year increase of +34%, a net profit attributable to the... more
energy storage
Unveiling the Unique Traits of Regional Residential Storage Markets |
| published 2024 年 05 月 06 日 17:35 |
The European energy storage market is primarily fueled by its commitment to enhancing energy self-sufficiency and the compelling economics of energy storage systems (ESS). As the destocking process gradually nears its conclusion, ... more
Rising Popularity: Unveiling the Growing Appeal of the Energy Storage Industrial Chain |
| published 2024 年 04 月 30 日 17:10 |
In 2023, amidst a fierce price war among suppliers and a fragmented competitive landscape, the domestic energy storage companies find themselves heavily reliant on mandatory policy installations. Concerns about future development ... more
ESS Prices Plummet to Historic Lows |
| published 2024 年 04 月 29 日 16:58 |
Since 2023, the battleground of pricing has grown fiercer, with the cost of lithium carbonate plummeting, signaling an escalation in the price wars of ESS tender projects. Amidst industry fluctuations, pricing has emerged as the p... more
Recently, Wood Mackenzie's latest report shows the continued trend of rapid growth in electrochemical energy storage capacity in the United States and released data as of the first quarter of 2024. In March this year, the Energy S... more
The new energy storage market has great development, moving towards large-scale development |
| published 2024 年 04 月 29 日 15:29 |
Under the background of global energy transformation, new energy storage has developed beyond expectations in recent years. Especially in the Chinese market, it has shown strong growth momentum and initially realised scale. In 202... more
South Africa's Hybrid Power Projects and 1.14GWh Energy Storage Capacity: Exploring Opportunities in the Market |
| published 2024 年 04 月 28 日 17:46 |
According to the report, Scatec, a Norwegian renewable energy company, has unveiled the Kenhardt solar farm in the Northern Cape, boasting a capacity of 540 MW. This project, featuring 225 MW of battery storage and a total storage... more
Trina Solar: Accumulated global shipments of energy storage pods and systems nearly 5GWh |
| published 2024 年 04 月 28 日 17:21 |
TrendForce learned that on 26 April, Trina Solar released its 2023 annual report. According to the report, during the reporting period, Trina Solar achieved operating revenue of 113.392 billion yuan, an increase of 33.32% year-on-... more
Taiwan Province’s power system is on the verge of collapse |
| published 2024 年 04 月 26 日 18:48 |
Recently, there has been an obvious shortage of power supply in Taiwan Province. The backup capacity has dropped below 5%, which is already an orange light of the risk of power curtailment and is very close to a red light. An unna... more
Forecasting the Development of Italy’s Energy Storage Market in 2024 |
| published 2024 年 04 月 26 日 17:37 |
Top 3 European Markets for Battery Storage Installations in 2023
Germany, the U.K., and Italy emerged as the leading markets for battery storage installations in Europe during 2023. According to TrendForce statistics, Germany, the... more
