Sungrow and Eve Energy energy storage shipments surge
Inverter and battery energy storage system (BESS) manufacturer Sungrow shipped 10.5GWh of BESS in 2023, it revealed in its annual report yesterday (25 April). The company buys third-party battery cells and assembles them into its Powertitan grid-scale BESS product. China-based companies Sungrow and Eve Energy grew their
Energy storage: Latest News and Updates
China''s new energy storage capacity to surpass 50GW by 2025. By the end of 2022, China had a total new energy storage capacity of 8.7GW, a more than 110 per cent increase
Energy storage
Energy storage - Latest research and news | Nature. Energy storage articles from across Nature Portfolio. Featured. Declining costs imply fast market uptake
Energy storage important to creating affordable, reliable, deeply
"The Future of Energy Storage," a new multidisciplinary report from the MIT Energy Initiative (MITEI), urges government investment in sophisticated
BP, Breakthrough Energy Ventures in Long Duration Energy Storage Council, launching at COP26
Iron-air battery start-up Form Energy, which claims its technology can achieve cost-effective energy storage with up to 150 hours duration, is one of the council''s founder members. Image: Form Energy. A new CEO-led organisation representing a broad range of long
Next step in China''s energy transition: storage deployment
6 · In China, generation-side and grid-side energy storage dominate, making up 97% of newly deployed energy storage capacity in 2023. 2023 was a breakthrough year
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Energy-Storage.news | 54,169 followers on LinkedIn. Emissions free technology towards a 100% renewable energy future. Reporting, analysis for a global industry audience. | News, analysis and opinion on energy storage technologies, markets, regulation and much more. Brought to you by Solar Media, publisher of PV Tech, and host of the international
Distributed Archives
AEMO says Australia''s NEM will need 49GW/646GWh of dispatchable storage by 2050. June 27, 2024. The Australian Energy Market Operator (AEMO) has published its 2024 Integrated System Plan (ISP) providing an updated 30-year roadmap for the transition of the National Electricity Market (NEM).
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A snapshot of Canada''s energy storage market in 2023
Justin Rangooni, executive director of trade association Energy Storage Canada (ESC) takes us through some of the key developments to date. Canada still needs much more storage for net
China Almost Quadrupled Its New Energy Storage Capacity in 2023
Clean energy storage has attracted over 100 billion yuan ($14 billion) of direct investment since 2021, the NEA said, as renewables become established as a new
News Archives
Zinc battery firm Eos agrees US$315 million facility with Cerberus Capital, retires existing senior loan. June 24, 2024. US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
New energy storage technologies hold key to renewable
New energy storage technologies hold key to renewable transition. From pumping water uphill to heating thermal batteries, companies are trying new ways to keep
Net zero''s missing link: Long duration energy storage
This is an extract of a feature which appeared in Vol.35 of PV Tech Power, Solar Media''s quarterly technical journal for the downstream solar industry. Every edition includes ''Storage & Smart Power,'' a dedicated section contributed by the team at Energy-Storage.news. Julia Souder, CEO of the Long Duration Energy Storage Council,
Energy Transition: Officials: China''s new energy storage sector
China''s renewable energy storage sector is developing rapidly, with installed capacity in operation exceeding 30 million kilowatts of power by the end of 2023.
''Big expansion'' in battery manufacturing essential to global net zero goals, BloombergNEF says
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero. BloombergNEF has just published the latest edition of its annual ''Energy transition investment trends'' report for 2024, including the
China''s new energy storage reaches new heights
The installed capacity of new energy storage projects that were put into operation during the first half of this year in China has reached 8.63 million kilowatts,
Energy Storage
The storing of electricity typically occurs in chemical (e.g., lead acid batteries or lithium-ion batteries, to name just two of the best known) or mechanical means (e.g., pumped hydro storage). Thermal energy storage systems can be as simple as hot-water tanks, but more advanced technologies can store energy more densely (e.g., molten salts
Industry Insights — China Energy Storage Alliance
In the first half of the year, the capacity of domestic energy storage system which completed procurement process was nearly 34GWh, and the average bid
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