The Australian government's expansion of its nationwide "More Affordable Residential Batteries Scheme" has been met with a swift response from homeowners. The scheme allows customers to purchase from an approved list of devices and receive a rebate of approximately 30% of the upfront purchase cost through small technology certificates. Launched in July this year, the scheme was a core promi...
The booming energy storage market was foreseeable. "Energy storage," as the name suggests, involves storing electrical energy. Storing electrical energy requires a medium or container, and batteries are precisely the containers that store electrical energy. Generally, two main types of batteries are used in photovoltaic energy storage systems: lead-acid batteries and lithium-ion batteries. ...
The differences between new energy storage, stand-alone energy storage, and grid-side energy storage are as follows: 1. Definition and Scope New Energy Storage: This refers to energy storage projects that primarily output electricity and provide services, excluding pumped hydro storage. It encompasses various technologies such as electrochemical energy storage, compressed air energy storage...
Lithium-ion Battery Energy Storage Working Principle According to incomplete statistics from the CNESA DataLink global energy storage database, as of the end of December 2025, my country's cumulative installed capacity of power energy storage reached 213.3 GW, an increase of 54% year-on-year. It is worth noting that new energy storage represented by lithium batteries has become the f...
On February 2, 2026, the charging station in the North Zone of the Tonglu Service Area on the Hangzhou-Qiandao Lake Expressway (hereinafter referred to as "the Service Area") officially commenced operation, forming a north-south integrated photovoltaic, energy storage, and charging network with the South Zone. This marks the full completion and operation of the largest highway charging station in ...
Recently, with the successful conclusion of German Chancellor Merz's official visit to China, cooperation on energy transition and climate change has once again become a top priority in bilateral exchanges and development. As leading global pioneers in energy transition and key equipment suppliers, China and Germany engaged in in-depth dialogue in the field of new energy. This visit, led by...
The European energy storage market has been incredibly hot lately. In just a few days, two large orders from Chinese companies were secured, totaling nearly 10 GWh. This figure is substantial in the European market, roughly equivalent to the annual new energy storage capacity of a medium-sized country. Such order density is unusual for Chinese energy storage companies. More important...
According to data from the think tank Ember, the global installed capacity of solar photovoltaic power will reach 647 GW in 2025, an increase of 11% over the previous year. Combined with wind power, these two technologies added a record 814 GW of solar PV capacity in 2025, with nearly 4 GW of new solar PV capacity added for every 1 GW of new wind power. More than half of the solar PV...
A new study indicates that Europe's photovoltaic (PV) recycling capacity will lag behind projected waste volumes in the coming decades. The study, conducted by the University of Murcia and the EU Joint Research Centre, reveals a growing mismatch between projected PV waste flows and existing recycling infrastructure between 2030 and 2050. The study estimates that while the EU currently has a recycl...
