energy storage

By the close of 2023, China had notched up an impressive cumulative installed capacity of 31.39GW/66.87GWh in new energy storage projects, surpassing the 14th Five-Year Plan target two years ahead of schedule. In the same year, do...  more

On January 24th, EnergyTrend reported Tesla's financial results for the fourth quarter and the entire year of 2023. According to the earnings report, Tesla raked in a whopping $96.773 billion in total revenue for 2023, marking a r...  more

In 2023, as the costs of solar and energy storage decline, the European market for large-scale energy storage is progressively expanding, witnessing a continuous uptrend in the scale of projects. According to forecasts by Wood Mac...  more

Over the past two to three years, overseas customers have increasingly prioritized the economics and stability of electricity consumption, thanks to favorable policies in the energy storage industry and higher energy prices. Conse...  more

EnergyTrend has gathered insights from the latest EIA statistics, revealing that energy storage installations with capacities exceeding 1MW reached 1.23GW in December. This marks a substantial 332% year-on-year increase and a nota...  more

Last year, the energy storage industry faced concerns over battery supply chain tensions. Fortunately, this issue has been resolved, leading to a decline in the prices of energy storage batteries. Consequently, prices of Energy St...  more

According to TrendForce's estimates, the surge in demand for large-scale commercial and industrial energy storage in 2024 is set to fuel substantial growth in the global energy storage sector. In terms of installation increments, ...  more

In 2023, the energy storage industry shifted gears from prosperity to intense competition, giving rise to several focal points. Examining the global energy storage market, the installation base remained relatively low from 2021 to...  more