energy storage

According to TrendForce, the power market is currently experiencing insufficient demand, and battery manufacturers are showing a reduced willingness to restock their inventory. Instead, they are primarily focused on depleting thei...  more

EnergyTrend reports, in conjunction with EIA statistics, that the newly installed energy storage capacity exceeding 1MW in the United States reached 0.59GW in September, marking a 21% year-on-year increase and a 22% month-on-month...  more

In the past year, as energy storage technologies have become more established and costs have decreased, coupled with the implementation of electricity incentive policies, there has been a significant uptick in middle and small-sca...  more

Commercial and industrial energy storage is currently experiencing a boom in development. According to data from the White Paper on 2023 China Industrial and Commercial Energy Storage Development, the worldwide new energy storage ...  more

According to the concept of large-size energy storage capacity, the categorization of large-size energy storage systems mirrors the evolution of developmental stages and influencing factors. Typically, international initiatives in...  more

In line with India’s National Electricity Plan, the country is set to require 74 GW/411 GWh of energy storage capacity by 2032. The Indian government has unveiled a comprehensive framework aimed at fostering the utilization of ene...  more

According to the EIA, the newly added energy storage capacity with battery sizes exceeding 1MW in the United States soared to 3.3GW in the first seven months of 2023, marking an impressive 91% year-on-year increase. In a more spec...  more

By examining prominent energy storage markets overseas, such as the United States and Europe, it becomes evident that three pivotal factors are propelling the rapid surge in global demand for energy storage: the power market, poli...  more