While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

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Powerful battery storage offers many advantages in terms of saving electricity costs and a reliable power supply. With this technology, companies retain control of their energy supply and costs. The battery storage system is charged when energy is cheaply available and it supplies the stored electricity when prices are at their highest. With applications such…

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Modularity and standardization are often cited as ways to drive down microgrid prices. But what else should you explore to ensure you get the most cost-efficient, high-performance microgrid energy storage system? Ask your potential supplier these questions before you buy. 1. How easy and expensive is it to scale storage capacity to cover our potential…

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