China's energy storage installations in May saw significant year-on-year growth, with clear support for annual installation demand. According to incomplete statistics from the CNESA Global Energy Storage Database, from January to ...  more
energy storage
US adds 11.8GW of new PV installations in Q1 2024 |
published 2024 年 06 月 12 日 18:01 |
According to the "U.S. Solar Market Insight Q2 2024" report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar industry demonstrated exceptional performance in the first quarter of 2024, ...  more
Limited policy impact, the downward cycle of lithium carbonate prices may not end within the year |
published 2024 年 06 月 11 日 17:30 |
From 230,000 yuan/ton to 100,000 yuan/ton, in nearly a year, lithium carbonate prices, which are in a downtrend, have been halved. Recently, the State Council issued the "Energy Conservation and Carbon Reduction Action Plan for 20...  more
Comments on the ECB's rate cut: Good for PV terminal demand, accelerating HJT penetration, and heralding the era of solar-storage parity |
published 2024 年 06 月 07 日 17:50 |
On June 6, 2024, the European Central Bank started to cut interest rates, reducing the deposit facility rate from 4% to 3.75% and the refinancing rate from 4.5% to 4.25%.
(1) Interest rates are an important factor affecting the wi...  more
May EV Battery Demand and Prices Remain Stable, June Prices Likely to Drop, Says TrendForce |
published 2024 年 06 月 06 日 17:51 |
TrendForce research reveals that after experiencing low capacity utilization in the first quarter, the EV battery industry saw a significant recovery in market demand starting in March. April’s peak season led to a surge in demand...  more
Energy storage is inextricably linked to internal circulation, and good money is ushering in new growth |
published 2024 年 06 月 05 日 17:41 |
The frequent energy storage fire accidents around the world have not only caused significant casualties and property losses, but also triggered a deep reflection on the safety management and supervision of energy storage power sta...  more
Europe’s Battery Capacity Surpasses 20 GW |
published 2024 年 06 月 04 日 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
IRS Releases New Proposal for IRA Renewable Energy Tax Credits |
published 2024 年 06 月 04 日 15:01 |
On June 3rd, the U.S. government proposed new incentives under the Inflation Reduction Act (IRA) that would provide tax credits for electricity with low or zero greenhouse gas emissions, thereby aligning financial assistance with ...  more
U.S. Tariff Hikes Expected to Boost ESS Installation Capacity |
published 2024 年 06 月 03 日 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
The price of the energy storage industry chain continues to fall |
published 2024 年 06 月 03 日 16:53 |
Affected by factors such as declining upstream raw material prices, the increase of market supply, and intensified competition, the sales price of energy storage batteries and systems has continued to decline since 2023.
According...  more