News

State-by-State Overview: Navigating the Contemporary U.S. Energy Storage Policy Terrain

published: 2024-03-28 17:27

The Evolving Landscape of Energy Storage Policies in the U.S. Energy storage solutions are increasingly pivotal as the energy sector transitions from traditional fossil fuels to renewable energy sources. In the United States, ther... more

Spain added 5.6GW of ground-mounted solar PV in 2023

published: 2024-03-28 17:26

Spain has installed 5.6GW of ground-mounted capacity in 2023, up 28% from 2022, according to the country’s transmission system operator, Red Eléctrica By the end of 2023, Spain had over 25.5GW of installed solar PV capacity, repre... more

US energy storage five-year market outlook

published: 2024-03-28 17:24

Grid-scale additions experienced a 98% increase in 2023 compared to 2022. In 2023, the grid-scale segment concluded with 7,910 MW and 24,000 MWh, representing 90% of all installations. Anticipated growth in 2024 is significant, wi... more

IRENA said solar installation increased by 345.5 GW in 2023

published: 2024-03-28 17:23

IRENA publishes the 2024 Renewable Energy Capacity Statistics report. According to official data in the report, 345.5 GW of new solar capacity was added globally in 2023, with the increase of 32.2% from 2022. Last year, solar acco... more

A Glimpse into the Future: Decoding China's Solar Export Data

published: 2024-03-27 17:37

Strong Demand Growth Throughout the Year, Good Inventory Digestion Module exports increased by more than 30% year-on-year, indicating strong overseas demand. According to Gaixi Consulting, the cumulative export of module s in Jan... more

US energy storage market added 4,235 MW across all segments in Q4 2023

published: 2024-03-27 17:29

In the fourth quarter of 2023, the US energy storage market saw an addition of 4,235 MW across all sectors. Both the grid-scale and residential storage segments achieved record-breaking installation volumes with significant quarte... more

January-February: China's PV Installations Surpass Expectations, Bullish on Second and Third Quarter Peak Demand for Photovoltaics

published: 2024-03-27 17:07

Photovoltaic Installations Grow by 80% Year-on-Year in January-February During January and February, photovoltaic installations saw a remarkable year-on-year growth of 80%, according to statistics released by the National Energy A... more

Sweden’s new solar capacity reached 1.4 GW in 2023.

published: 2024-03-27 15:50

According to Svensk Solenergi, Swedish solar energy association, in 2023, 1.2 GW to 1.4 GW of solar projects was installed in Sweden, a significant increase from the 1 GW in 2022. The number of solar cell installations connected t... more

Emerging trends in major global solar PV market: insights from Europe, the U.S., Brazil, and the Middle East & North Africa

published: 2024-03-26 17:29

Europe: Expected to add 62GW solar PV in 2024 Máté Heisz, Global Affairs Director of SolarPower Europe, pointed out that in 2023, the newly installed capacity of solar power in Europe reached 55.9GW, a 40% increase from 2022, sett... more

Belgium breaks solar records in 2023, but questions remain in 2024

published: 2024-03-26 17:21

As was common last year in the global solar sector, 2023 proved to be a record-breaking year for Belgium’s solar industry. According to the Belgian energy association, Energie Commune, the country installed 1.8GW of new solar capa... more

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