Asia-Pacific dominated the distributed energy storage market in 2023 and is expected to grow at a CAGR of around 10.42% during the forecast period, owing to rising electricity demand and investment in renewabl. [pdf]
From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040, driven by battery energy storage systems (BESS). Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%. [pdf]
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Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil, valued upwards of $2 billion, people familiar with the matter told Reuters. [pdf]
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A landmark solar power plant, featuring high-efficiency PV panels and energy storage, shrinking reliance on fossil fuels and serving as a regional model Icre Solutions. The year 2025 is shaping up to be a turning point in Haiti’s energy story. [pdf]
Recently, Quzhou Jidian New Energy Technology Co., Ltd.'s 840,000 sets of power battery pack three-in-one electric drive energy storage project - Administrative Center Complex in THE Factory Front Area (Quzhou Jidian Zero Carbon Park), which was designed and constructed by Automotive Engineering Corporation (hereinafter referred to as ‘AE’), won three international design awards: the Silver Award at the 2023 Global Future Design Awards, the Silver Award at the MUSE Design Awards, and the Silver Award at the World Design Awards. [pdf]
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. [pdf]
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According to the Q2 2024 edition of the US Energy Storage Monitor report by research group Wood Mackenzie, published in partnership with the American Clean Power Association (ACP), this represented an 84% rise from Q1 2023 in megawatt terms, and 89% growth in megawatt-hours. [pdf]
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In recent years, the damage to power distribution systems caused by the frequent occurrence of extreme disasters in the world cannot be ignored. In the face of the customer’s demand for high power supply r. [pdf]
The mobile energy storage charging pile market is experiencing significant growth driven by the increasing demand for efficient and flexible energy solutions. As renewable energy adoption rises globally, the need for portable and scalable charging infrastructure has become critical. [pdf]
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NREL research is investigating flexibility, recyclability, and manufacturing of materials and devices for energy storage, such as lithium-ion batteries as well as renewable energy alternatives. Research on energy storage manufacturing at NREL includes analysis of supply chain security. [pdf]
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