energy storage

Middle East energy storage market set to skyrocket: Jinko Solar says its 3 GWh forecast underestimates its true potential

published 2024 年 05 月 09 日 17:15

Jinko Solar has established a vertically integrated production line in Saudi Arabia and is actively expanding its production capacity and solutions for battery energy storage products. It is expected that the energy storage market... more

Egyptian Utility Initiates Tender for 8.2 MW Solar-Plus-Storage Project

published 2024 年 05 月 08 日 17:50

The Egyptian Electricity Holding Company, a state-owned utility, is inviting expressions of interest for the design, construction, and operation of an 8.2 MW solar facility coupled with a 2 MW/4MWh battery energy storage system. T... more

Policy- and Demand-Driven Surge: C&I Energy Storage Market Booms Amidst Rising Demand

published 2024 年 05 月 08 日 17:45

In 2023, the commercial and industrial (C&I) energy storage sector saw a significant uptick in installations, marking a pivotal moment with 4.77 gigawatt-hours (GWh) of energy storage capacity added. This surge was largely fue... more

Philippines will add 2GW of photovoltaic installed capacity in 2024

published 2024 年 05 月 08 日 15:58

The Philippine Department of Energy announced that at least 4.16GW of power projects will be put into operation this year through a hybrid combination of renewable and traditional energy sources. Of this, 1.99GW will come from sol... more

The cost of upstream materials has fallen, and the profit distribution has flowed to the battery link

published 2024 年 05 月 08 日 15:55

From 2023, upstream material prices has fallen sharply with the easing of supply and demand. From 2023, the keypoint of the lithium battery materials is "price reduction". Due to the release of new production capacity in the indu... more

Global Trends Analysis of Residential Energy Storage Industry Based on the Development of Overseas Companies and U.S. Market Sees Swifter Rebound in Demand Compared to Europe

published 2024 年 05 月 07 日 17:52

With the rapid development of residential energy storage in Europe, it has emerged as a key player in the realm of energy transformation. On one hand, the imperative of transitioning to renewable energy sources is undeniable. On t... more

Lithium battery industry: Q1 is the traditional off-season for new energy vehicles and energy storage demand

published 2024 年 05 月 07 日 17:28

Battery: Q1 is the traditional off-season for new energy vehicles and energy storage demand, which affects the shipments of leading battery companies to decline by an average of 10-30% month-on-month. At the same time, affected by... more

Nuvve has entered into a strategic partnership with Great Power

published 2024 年 05 月 07 日 16:21

TrendForce has learned that on May 1, local time in the United States, Nuvve Holding Corp. (Nuvve), a leading global provider of V2G (Vehicle to Grid) technology, and Great Power have entered into a strategic cooperation agreement... more

EVE's 2023 annual report and 2024 first quarter report: The sales volume of energy storage batteries has grown rapidly, and the demand for consumer batteries has steadily recovered.

published 2024 年 05 月 06 日 17:59

The company achieved a net profit of 1.066 billion yuan in 2024Q1, a year-on-year increase of -6%. In 2023, the company will achieve revenue of 48.784 billion yuan, a year-on-year increase of +34%, a net profit attributable to the... more

Unveiling the Unique Traits of Regional Residential Storage Markets

published 2024 年 05 月 06 日 17:35

The European energy storage market is primarily fueled by its commitment to enhancing energy self-sufficiency and the compelling economics of energy storage systems (ESS). As the destocking process gradually nears its conclusion, ... more

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