energy storage

Energy Storage Demand Soars, Industry Chain Matures

published 2023 年 07 月 05 日 18:12
The demand for installed energy storage is experiencing a significant boom, leading to a maturation of the industry chain. Energy storage systems serve as the “reservoir” for a new type of power system. These systems enable the tr...  more

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published 2023 年 06 月 08 日 9:30
Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ...  more