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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 […]

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 […]