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
Analysis
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
EIA: Monthly Update on Installation Forecasts for Energy Storage in the United States |
| published: 2023-11-03 16:31 |
EnergyTrend reports, in conjunction with EIA statistics, that the newly installed energy storage capacity exceeding 1MW in the United States reached 0.59GW in September, marking a 21% year-on-year increase and a 22% month-on-month... more
The Export Data of Solar and Energy Storage Inverters are Available, Indicating the More Intensified Inverter Market |
| published: 2023-10-31 15:22 |
The General Administration of Customs of China (GACC) recently released the import and export data for inverters in September 2023. In September 2023, the domestic exports of energy storage inverters amounted to $650 million, mark... more
Twenty Questions You Need to Know About User-Side Energy Storage |
| published: 2023-10-30 16:36 |
In the past year, as energy storage technologies have become more established and costs have decreased, coupled with the implementation of electricity incentive policies, there has been a significant uptick in middle and small-sca... more
Inverter export data came in: Demand in the overseas market Declined Temporarily |
| published: 2023-10-09 15:19 |
The global PV industry is experiencing rapid growth, and within this sector, the market for PV inverters is also expanding quickly. Recently, the General Administration of Customs released import and export data for inverters in A... more
Commercial and industrial energy storage is General Trend: Analysis of Its Cost, Policies and Market |
| published: 2023-10-07 16:14 |
Commercial and industrial energy storage is currently experiencing a boom in development. According to data from the White Paper on 2023 China Industrial and Commercial Energy Storage Development, the worldwide new energy storage ... more
Multiple Production Line Will be Put Into Production; Sodium-ion Batteries Will Welcome the Mass Production Stage |
| published: 2023-09-26 14:45 |
EnergyTrend has learned that there have been recent developments in several pilot projects related to sodium-ion battery energy storage. These developments signify significant progress in the realms of new technology breakthroughs... more
Analysis of Large-size Energy Storage Types and Main Participants in the Industrial Chain |
| published: 2023-09-25 15:46 |
According to the concept of large-size energy storage capacity, the categorization of large-size energy storage systems mirrors the evolution of developmental stages and influencing factors. Typically, international initiatives in... more
India: Achieve 74GW/411GWh Capacity of Energy Storage by 2032 |
| published: 2023-09-22 15:00 |
In line with India’s National Electricity Plan, the country is set to require 74 GW/411 GWh of energy storage capacity by 2032. The Indian government has unveiled a comprehensive framework aimed at fostering the utilization of ene... more
