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According to foreign media reports, the government of Victoria, Australia, has approved four energy project applications through its “Development Promotion Plan” (DFP), with a total investment of 2.4 billion Australian dollars (approximately 1.71 billion US dollars), including a 1390MW battery energy storage system. This approved project includes three independently deployed battery energy storage systems and a wind power + energy storage project. Since the plan was expanded to the renewable energy sector two years ago, the cumulative value of energy projects accelerated for approval through the development promotion program has exceeded 11 billion Australian dollars, and the total number of […]

4.1 GW Forecast for New Installation of Residential Solar Photovoltaic Systems in the United States in 2026 1.4 gigawatts Forecast for new installed capacity of residential energy storage in the United States in 2026 40% The proportion of photovoltaic systems equipped with batteries in the first three months of 2026 After President Donald Trump cancelled a key tax credit, the U.S. residential solar industry is facing a collapse in 2026. The equipment costs have risen, and the customer acquisition costs have soared even more. Homeowners are cautious about signing new loans and lease ownership models. However, the newly introduced supportive […]

In the restaurant project completed by JHPVTECH in Tuzkhumahar Town, Iraq, we installed a 150-kilowatt hybrid inverter and a battery system with a total capacity of 100 kilowatt-hours for the owner, Omid. This system consists of three 50-kilowatt inverters and 100 kilowatt-hours of batteries (each battery pack has a capacity of 14.33 kilowatt-hours). Before installation, we tested the customer’s load: the customer originally had two diesel generators, one with a capacity of 330 kilovolts-ampere and the other with 400 kilovolts-ampere. However, the actual load power was only 100 to 110 kilowatts. Therefore, we chose to install three 50-kilowatt inverters in […]

112GW Global new installed capacity of energy storage (excluding pumped storage) in 2025 158GW Global projected new installed capacity of energy storage in 2026 (excluding pumped storage) 2.9 TW Projected cumulative installed capacity of global energy storage (excluding pumped storage) in 2036 In 2025, the global new installed capacity of energy storage will exceed 100 GW, setting a new record high. Despite policy resistance, the annual new installations in China and the United States still achieved growth, demonstrating market resilience. The deployment scale in Australia, Saudi Arabia, and sub-Saharan Africa also showed an increasing trend. As emerging markets accelerate deployment […]

According to a recent report released by the International Renewable Energy Agency (IRENA), solar power plants and wind power plants have become the cheapest sources of electricity globally. In regions with abundant renewable energy resources, co-located hybrid projects are increasingly achieving round-the-clock continuous power supply, and their costs have reached a level that can compete with fossil fuels. The International Renewable Energy Agency (IRENA) stated in its report that in regions with abundant solar power resources, the “firm levelized cost of electricity” (Firm LCOE) for solar-plus-storage projects has dropped to between $54/MWh and $82/MWh by 2025. It is expected to […]

Recently, the European Commission issued a far-reaching resolution, stating that as of now, any project using inverters produced in China, Russia, Iran, and North Korea will no longer receive any energy project subsidies from the EU. The introduction of this resolution marks a fundamental shift in the EU’s energy policy over the past few years, especially in the field of inverters, where a highly strategic and systematic “de-Chinaization” policy has been implemented. The inverter is a crucial component in solar power generation systems. It converts the direct current generated by photovoltaic panels into alternating current, ensuring the efficiency and stability […]

Over the past decade, Germany has been one of the most aggressive test beds for global energy transition. From accelerating coal phase-out and completely phasing out nuclear power, to making large-scale bets on wind power and solar power, Germany’s power system has been advancing towards a low-carbon future while also facing unprecedented volatility pressure. Price fluctuations in electricity have widened, and negative electricity prices have occurred frequently. Against this backdrop, energy storage is no longer an optional choice but an important flexible regulation resource for maintaining the stable operation of the system. Large-scale battery energy storage has thus moved to […]

I. Industry Overview: Transitioning from Scale Expansion to Value Deepening In April 2026, new energy storage was officially recognized as one of the six “emerging pillar industries”. The core of industry competition is shifting from a simple comparison of installed capacity to the creation of full life cycle value and security guarantees. At the 14th Energy Storage International Summit and Exhibition (ESIE 2026) that opened on April 1st, over 800 global enterprises showcased their products on the same stage. Focusing on the core theme of “Scenario Innovation, Value Reconstruction, Global Win-Win”, they deeply discussed how the energy storage industry can […]

The prevailing theories surrounding the US-Israel-Iraq conflict currently focus mainly on the fact that the geopolitical tensions drive up energy prices, thereby benefiting the demand for energy storage. While this theory is not entirely without merit, when we examine the Chinese lithium battery energy storage industry, especially the export business targeting the public utility markets in Europe and the United States, the war itself is not the sole or even the primary variable determining the success or failure of a business. What truly reshapes the competitive landscape is the fluctuations in energy prices, financing expectations, and shipping insurance caused by […]

Since March 2026, the dynamics of the international photovoltaic energy storage market have been frequent, mainly focusing on the policy shift in Europe, the launch of large-scale projects in emerging markets, and the concentration of Chinese enterprises in securing overseas orders.

The Year of the New Year has well and truly begun.

location: Iraq, Tuz Khurmatu
Capacity: 250KW