According to Bloomberg New Energy Finance predictions, the global cumulative installed capacity for household energy storage is anticipated to surpass 15GW/34GWh by the close of 2023, with projections indicating a surge to 93GW/19... more
Analysis
Positive Forecast for Domestic Large-Scale Energy Storage in the Energy Sector |
| published: 2023-12-11 17:38 |
Presently, the installed capacity of energy storage is on the rise, and its prices continue to plummet, making it challenging for the market to gauge the shifts in industry profits. From the perspective of installed demand, there ... more
TrendForce Highlights Ongoing Global Competition in Solar PV Industry Chain, Awaits Industry Breakthrough |
| published: 2023-12-08 17:40 |
Reflecting on 2023, the industry's foremost concern revolves around overcapacity. Over the past couple of years, the industry chain's capacity has expanded rapidly, resulting in varying degrees of surplus capacity in each segment.... more
Surging Demand: Robust Sales in New Energy Vehicles, Lithium Batteries, and Photovoltaic Products Fueled by Decarbonization’s Boost to Energy Storage Battery Exports |
| published: 2023-12-04 16:15 |
On November 15th, China and the United States collaboratively issued the Sunnylands Statement to Enhance Cooperation in Addressing the Climate Crisis. This declaration underscores the shared acknowledgment between both nations tha... more
30,000 Energy Storage Batteries Enroute: Desay Intensifies Focus on Advancing Commercial and Industrial Energy Storage |
| published: 2023-11-28 15:10 |
On the 19th of November, the initial shipment of 30,000 280Ah energy storage batteries, needed for Tianjin Zhongdian New Energy Research Institute's 322.5MWh industrial and commercial energy storage initiative, smoothly departed f... more
Surge in Energy Storage Orders: Exceeding 247GWh from January to November, High-Capacity and Large-Size Batteries Dominate Overseas Demand |
| published: 2023-11-27 17:15 |
While excess production capacity and a shrinking overseas demand for energy storage pose challenges, 11 leading companies have defied the odds. In the first 11 months of this year, they secured overseas orders totaling nearly 250G... more
Charting the Path Forward: Navigating the Future Landscape of Energy Storage Companies |
| published: 2023-11-13 14:39 |
Over the past two years, the energy storage sector has witnessed a surge in interest, attracting numerous companies eager to carve out a niche in this flourishing field. However, recent sentiments within the industry have taken a ... more
Exploring the Global Expansion of Domestic Energy Storage Enterprises: An In-Depth Analysis |
| published: 2023-11-10 14:05 |
Fueled by robust market demand, 2023 has emerged as a pivotal growth year for numerous companies, witnessing a surge in new players entering the energy storage market. The proliferation of energy storage companies has led to a dra... more
A Large Amount of Grid-Connected and Operational Projects: Indicating the Booming State of Industrial and Commercial Energy Storage |
| published: 2023-11-07 15:16 |
As the electricity market has grown rapidly, industrial and commercial users have become pivotal players in energy storage, influencing both the supply and demand sides. It is evident that their involvement in electricity trading ... more
The average price of LFP energy storage batteries fell to $0.5/Wh in October, a month-on-month decrease of 3.3% |
| published: 2023-11-06 15:05 |
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
