Currently, the world is experiencing an accelerated process of profound transformation over the past century, and the global energy transition is also continuously deepening. As key mineral resources that support energy transition and green development, they are facing multiple challenges such as surging demand and unstable supply chains. The gap in international governance is becoming increasingly prominent. Against this backdrop, the global mining supply and demand pattern is accelerating its adjustment, the mining market is showing an unbalanced trend, policy coordination and rule competition coexist, and the global mining industry is entering a period of superimposed transformation. This transformation is […]
“Britain is undertaking one of the largest-scale grid transformation projects in generations.” The Guardian reported on the 13th that the “Super Grid Upgrade” project, which aims to build infrastructure by 2030, is planned to be five times the amount built in the past 30 years. However, the need for hundreds of billions of pounds in grid investment and the risk of delays in dozens of planned projects have made it highly controversial. The Guardian recently commented that this project has deviated from its original path and may eventually force consumers and businesses to bear even higher bills. The national grid […]
Recently, the state of New South Wales (NSW) in Australia has launched a new prepaid discount program, offering one-time cost reductions for battery energy storage systems installed by small businesses and households. Depending on the size of the battery energy storage system, the installation cost can be reduced by approximately 20% to 40%. Starting from September 1, 2026, eligible industrial and commercial users can enjoy this discount through government-certified suppliers, with the discount amount increasing as the size of the battery energy storage system increases. NSW (the government provides an example: a small grocery store can receive approximately 37,000 Australian […]
The US battery storage market just posted its biggest quarter ever, adding 20.2 gigawatt-hours (GWh) of new capacity in Q2 2026. The record quarter brought total battery storage installations for the first half of 2026 to 30.8 GWh – up 23% year over year – according to the new “US Energy Storage Market Outlook” from the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence. Utility-scale batteries drove the record Nearly all the growth came from large grid batteries. Utility-scale projects accounted for about 18 GWh of Q2 installations, supported by seven gigawatt-hour-scale projects – four in Arizona, two in […]
PARIS, Aug 13 (Reuters) – Europe’s fifth heatwave this summer is expected to trim French nuclear power production by about 15% of the nuclear fleet’s total capacity on Friday, with six reactors expected to be fully offline, data from operator EDF showed. Temperatures in Europe have risen to unprecedented levels after successive heatwaves this summer, causing water shortages, wildfires, and some deaths. Total nuclear curtailments are expected to reach 9.4 gigawatts at the peak on Friday across nine reactors, EDF data showed. The heat-related outages combined with the regular maintenance schedule, technical issues and fuel saving are expected to put […]
Recently, SolarPower Europe, the European solar photovoltaic industry association, released the “European Battery Storage Market Outlook 2026-2030”. This report delves deeply into the trends and predictions of residential, commercial and industrial (C&I) as well as utility-scale battery market segments, providing an in-depth insight into the current state of the European energy storage industry. The report not only presents the record growth in 2025 but also provides the latest forecast until 2030, and highlights the key market drivers, regional development dynamics, and important policy recommendations. The “European Battery Storage Market Outlook 2026–2030” is based on data up to 2025, analyzing the […]
According to the “Quarterly Grid Connect Report for 2026” released by the Australian Energy Market Operator (AEMO) on July 20th, in the fiscal year 2026, the Australian National Electricity Market (NEM) added a total of 9.1 GW of new grid-connected power generation facilities and energy storage systems. This figure is more than twice that of the fiscal year 2025. Among the 34 energy projects that reached full capacity output in the fiscal year 2026, there were 12.9 GWh of energy storage systems and 9.1 GW of power generation facilities. The Australian Energy Market Operator (AEMO) pointed out that battery energy […]
According to a report by the Nikkei website on July 24th, Australian companies are expanding their lithium mining operations. Lithium is an important mineral used in the production of products such as vehicle batteries. Due to the sluggish market situation before and after 2024, many companies suspended production, but as the market has recently recovered, they have resumed lithium production. In addition, these companies are also striving to enhance their profitability and strengthen their ability to withstand price fluctuations. Australia is the largest supplier of lithium, accounting for 30% of the global lithium production. However, South American countries can extract […]
According to the draft of the EU’s “Electrification Action Plan” that was leaked earlier, EU member states must deploy 200 GW of energy storage systems by 2030 to meet the flexibility requirements of the energy system. The EU was originally scheduled to release this highly anticipated electrification strategy this week – the previously announced release date was July 15th, but some sources indicated that it was postponed to July 17th. In August last year, the EU had already initiated the collection of public evidence for stakeholders. The leaked documents obtained by industry media do not include the overall target proportion […]
It is reported that the Asian Development Bank (ADB) has approved the funding support application submitted by the Cambodian government for the deployment of a 250MW/500MWh battery energy storage project. This multilateral development financial institution announced on June 24 that it has approved a total financing package of 63.44 million US dollars to support the deployment of a battery energy storage system at the Takeo substation in southern Cambodia. The solar power plant and battery energy storage system in the National Solar Park of Phnom Penh Phchey Nyunt Province This financing plan includes a $40 million concessional loan, a $5 […]
Currently, Chinese brands hold a dominant share in the European household storage market. In the face of the coexistence of rising demand and escalating competition, how to shift from “being noticed” to “being remembered” has become a key issue determining the market position in the next stage. Since the beginning of this year, due to the escalation of geopolitical conflicts leading to a sharp increase in energy costs, the demand for home storage purchases by European households has shown a “recovery”. Coupled with the decline in battery costs, policy encouragement and support, the industry predicts that the European home storage […]
Although the EU’s “Industrial Accelerator Act” proposed in the first half of this year envisioned various scenarios for “European manufacturing” of advanced industrial products, the reality is that once confident European battery startups are increasingly relying on production lines in Asia. The Financial Times of the UK reported on June 29 that recently, several European and American battery companies are negotiating with Chinese manufacturers to lease idle production lines for them to undertake assembly work. Over the past few years, the EU has been hoping to break free from the so-called “China supply chain dependence” by building local super battery […]