GLOBAL ENERGY STORAGE GROWTH UPHELD BY NEW MARKETS


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New energy storage drives over 100 billion yuan investment

New energy storage drives over 100 billion yuan investment

According to the data of the National Energy Administration, from the perspective of investment scale, since the "14th Five-Year Plan", the new new energy storage capacity has directly promoted economic investment of more than 100 billion yuan, driven the further expansion of the upstream and downstream of the industrial chain, and become a "new driving force" for China's economic development. [pdf]

High-end new energy and energy storage industry base project

High-end new energy and energy storage industry base project

Recently, multiple energy storage battery and material projects have announced updated progress: CATL's 80 GWh project has entered steel structure construction, Shenzhen Pengcheng Infinite New Energy Co., Ltd. launched the building of a 27 GWh energy storage cell base, 3d (Longyan) Battery Technology Co., Ltd.'s 1 GWh solid-state lithium battery project officially broke ground, and Tianmulake Excellent Anode Materials Co., Ltd.'s lithium battery material project was signed and finalized. [pdf]

Germany Hamburg energy storage new energy battery

Germany Hamburg energy storage new energy battery

When Hamburger Hochbahn AG commissioned suena energy to market a stationary battery storage system at the Alsterdorf depot, the goal was to maximize revenues in the electricity and balancing power markets and to examine how battery storage could be used profitably at other sites. suena energy focused on an innovative approach: a combined multi-market strategy alternating semi-annually between front-of-the-meter (FtM) and behind-the-meter (BtM) operation, in full compliance with regulatory requirements. [pdf]

Vietnam safe energy storage project

Vietnam safe energy storage project

This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]

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