Analysis

Wood Mackenzie: U.S. module capacity added in the first quarter breaks record

published: 2024-06-17 17:37

In the first quarter of this year, the United States added 11GW of new solar panel production capacity, breaking the historical record and becoming the fastest growing quarter in the history of the U.S. photovoltaic manufacturing ... more

Europe’s Battery Capacity Surpasses 20 GW

published: 2024-06-04 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

U.S. Tariff Hikes Expected to Boost ESS Installation Capacity

published: 2024-06-03 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

China’s Top 3 Export Markets: The U.S., Germany, and South Korea; Reasons Behind the Continuous Decline in China's Lithium-ion Battery Export Value from Jan to Apr 2024

published: 2024-05-31 17:14

According to CIAPS statistics, from January to April 2024, the export volume of lithium-ion batteries was 1.17 billion units, a 3.8% increase from the previous year. During the same period, the export value of domestic lithium-ion... more

China Retains Market Advantage in Battery Development Despite US Raising Tariffs on Chinese Battery Imports to 25%, Says TrendForce

published: 2024-05-30 16:57

On May 14, the White House announced significant tariff increases on Chinese EVs and batteries. EV tariffs will jump from 25% to 100%, and battery tariffs will rise from 7.5% to 25%. TrendForce posits that Chinese EVs account for ... more

NEV Sales Increase 16.9% in the First Quarter of 2024 While PHEV Sales Surge Nearly 50%, Says TrendForce

published: 2024-05-30 16:55

According to TrendForce Global Automotive Reports, the global sales of NEVs (including BEVs, PHEVs, and FCEVs) surged to 2.842 million units in 1Q24—making a 16.9% YoY increase. Notably, this is the first time in three years that ... more

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

published: 2024-05-29 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

Biden ratchets up tariffs on Chinese EVs, solar, batteries

published: 2024-05-15 15:46

On May 14, the White House issued a statement saying that it would significantly increase tariffs on Chinese EVs, lithium batteries, solar cells, steel and aluminum, cranes and other products imported from China. Among them, the t... more

Energy Storage Industry Outlook from 2024 to 2029

published: 2024-05-13 17:02

The principles governing industrial growth mirror the vertical trajectory of the sector, encompassing its inception, maturation, and establishment. In 2022 and 2023, China’s new energy sector continued its upward trajectory, with ... more

Four Keywords Shaping the New Energy Storage Industry in 2024

published: 2024-05-10 17:48

Amidst the pursuit of dual carbon targets, there's a heightened focus on advancing new energy storage technologies. Lithium-ion, compressed air, and other storage methods are poised for significant development, indicating a promis... more

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