energy storage

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

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

Monthly Energy Storage Industry Report: U.S. and Europe

published 2024 年 05 月 29 日 17:45
The U.S. Sees High Increase in Installations According to the EIA, energy storage installations in the U.S. saw a significant increase in April compared to last year. In April alone, the U.S. installed 523.3 MW/1129.9 MWh of energ...  more