Blogs

How long can your energy storage Lifepo4 battery ‘live’?

Lithium iron phosphate batteries are widely used in the field of energy storage, but there are not many batteries that can really work stable for a long time.

What's in the energy storage container?

Many people are curious, what exactly is inside the energy storage container?

First of all, a complete electrochemical energy storage system (ESS) is mainly composed of battery, battery management system (BMS), energy management system (EMS), power conversion system (PCS) and other electrical equipment.

The latest research:the global energy storage market will reach 73.8 billion US dollars in 2031

A new report from Transparency Market Research finds that the global energy storage systems market is likely to expand steadily at a compound annual growth rate of 5.6% from 2020 to 2031, from $40.53 billion in 2020 to 2031 73.8 billion US dollars in the year .

Residential battery capacity in Europe has reached 9.3GWh in 2022

Currently, more than 1 million households in Europe are equipped with on-site battery storage systems paired with photovoltaics.
According to SolarPower Europe, residential battery storage capacity in Europe has reached 9.3GWh by the end of 2022.

Over 400GW! European and US policies spur 13% rise in global energy storage expectations

Bloomberg New Energy Finance (BNEF) has raised its forecast for global energy storage (GES) by 13% due to recent policy developments in the US and Europe.

Merry Christmas and happy New Year!

Another year has come and gone soon and with it all of the excitement, hardships, and little victories that make life, and business, worthwhile. At this time of the end of 2022, we wanted to let our most valued customers know just how much we appreciate your continued support.