SHANGRAO, China : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi Jinko”), has entered into a project investment cooperation framework agreement (the “Agreement”) with Qinghai Provincial Department of […]
Asia-Pacific will overtake North America as the biggest utility-scale energy storage (UES) market by annual installed gigawatts (GW) by 2024-2025, according to a new report by Guidehouse Insights, one to two years later than in the firm’s previous forecasts. The research firm has revised up its forecasts for global annual installed UES by 2029 from […]
IHS Markit report says growth is underpinned by national targets linked to strengthened decarbonization. The global energy storage market will add over 30GW a year by 2030, up 250% on 2021 levels, according to a report from the Clean Energy Technology service at IHS Markit. IHS Markit said it forecasts that energy storage will experience rapid […]
China aims to install more than 30 gigawatts (GW) of new energy storage capacity by 2025, its state planner said on Friday, as part of efforts to boost renewable power consumption while ensuring stable operation of the electric grid system. New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and […]
A 30GW goal for 2025 is ambitious, but don’t bet against the nation meeting or beating it, writes Le Xu China is proposing a policy to accelerate energy storage deployments, with its core a target to take the country’s storage capacity excluding pumped hydro to 30GW by 2025 – triple the level of Wood Mackenzie’s […]
North-west African nation inks memorandum of understanding with CWP Global to build power-to-X megadevelopment in desert. Mauritania has inked a memorandum of understanding (MoU) with renewables developer CWP Global to build a giant wind-and-solar powered green hydrogen hub…Read More…