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BYD's installed capacity of power and energy storage batteries exceeded 100GWh in the first three quarters.

BYD's installed capacity of power and energy storage batteries exceeded 100GWh in the first three quarters.

On the evening of October 2, BYD Company Limited released its September production and sales report on the Hong Kong Stock Exchange. The company's September sales of new energy vehicles reached 287,500 units, compared to 201,300 units in the same period last year.

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What are the exciting prospects for energy storage going global?

What are the exciting prospects for energy storage going global?

With the global rise of renewable energy sources like wind and solar power, what is the role of energy storage? What role do Chinese energy storage companies play in this? This article will analyze the global layout of Chinese energy storage companies, from technology to market.

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2023

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The "Four Horsemen" Behind the Surge in Commercial and Industrial Energy Storage

The "Four Horsemen" Behind the Surge in Commercial and Industrial Energy Storage

Industrial and commercial users are the main force behind China's electricity consumption. According to the National Bureau of Statistics, in 2022, the national industrial electricity consumption was 5600 TWh, accounting for 64.8% of the total social electricity consumption.

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2023

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Guangdong competes for the trillion-yuan energy storage market: focusing on output value instead of production capacity, launching the "strongest user-side energy storage policy"

Guangdong competes for the trillion-yuan energy storage market: focusing on output value instead of production capacity, launching the "strongest user-side energy storage policy"

Recently issued "Several Measures of Guangdong Province to Promote the Development of New Energy Storage Power Stations" (referred to as "Several Measures") proposes that new offshore wind power projects planned after 2022 and centralized photovoltaic power stations and onshore centralized wind power projects newly connected to the grid after July 1, 2023, shall be configured with new energy storage no less than 10% of the installed generating capacity for a duration of 1 hour. Subsequently, the configuration capacity of new energy storage will be adjusted according to the requirements of relevant power system safety and stability standards and the actual grid-connected scale of new energy. Existing new energy power generation projects are encouraged to configure new energy storage according to the above principles.

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2023

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Three major trends in the development of new energy storage in Guangxi

Three major trends in the development of new energy storage in Guangxi

Recently, the first independent energy storage power plant peak regulation transaction was completed in the Guangxi power peak regulation auxiliary service market. This marks the market-oriented operation of energy storage auxiliary services, opening up a new business model for energy storage profitability. It further demonstrates the strategic value of energy storage as a grid-regulating resource, is conducive to the sustainable development of energy storage in Guangxi, and provides strong support for the construction of a new power system. Data from the Guangxi Power Grid Company of the Southern Power Grid shows that, as of August this year, Guangxi's new energy installed capacity reached 20.28 million kilowatts, accounting for nearly 30% of the region's total installed capacity, exceeding hydropower installed capacity and becoming the second largest power generation type in Guangxi. As an important technological means to enhance the power system's regulation capacity and expand the consumption space of new energy, new energy storage is transitioning from its initial stage to a fast-growing phase. The development of the new energy storage industry in Guangxi shows three major trends.

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2023

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The development of new energy storage is accelerating, and many domestic listed companies are optimistic about the future

The development of new energy storage is accelerating, and many domestic listed companies are optimistic about the future

The National Energy Administration recently organized and released the "Development Blue Book of the New Power System", which provides guidance on the development and application of new energy storage technologies.

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2023

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The Rise of New Energy Storage! Why is Electrochemical Energy Storage So Prominent?

The Rise of New Energy Storage! Why is Electrochemical Energy Storage So Prominent?

Along with the rapid development of various energy storage technologies, new business models for energy storage have also found new paths.

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2023

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Who are the capital-driven new energy storage companies encountering obstacles?

Who are the capital-driven new energy storage companies encountering obstacles?

In recent years, with the sharp rise in new energy installed capacity, energy storage, as a supporting industry, has become a rising "star industry" and has received much attention from the capital market.

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2023

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