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The trillion-scale energy storage industry: Is it at a historic turning point?

The trillion-scale energy storage industry: Is it at a historic turning point?

With the continuous promotion of the dual carbon goals, the new energy industry has been able to develop rapidly, and the related industries have also entered a new historical stage. This article focuses on energy storage industry. What is energy storage? According to Baidu Encyclopedia, energy storage refers to the process of storing energy through media or equipment and releasing it when needed. A simple understanding that it is a big power pack.

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Three upcoming changes in the photovoltaic industry

Three upcoming changes in the photovoltaic industry

From January to November 2021, the installed capacity of domestic PV increased by 34.8GW, with a year-on-year growth of 34.5%. Considering that nearly half of the installed capacity in 2020 was occurred in December, the annual growth rate in 2021 will be far lower than the market expectation. The China Photovoltaic Industry Association forecasts the annual installed capacity to be 45-55GW, down by 10GW, that is, the worst will fall by 6.6% year-on-year, and the best will increase by 14%.

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