Without energy storage, electricity must be produced and consumed exactly at the same time.

Coincident Peak Demand Charge AvoidancePEAK IQ, ACDC’s energy storage intelligence software, can forecast electric system peaks and discharge the system at those times, reducing electricity costs and the need for additional generation. This is also known as “peak hitting” or “peak shaving.”

The global energy storage market is in a stage of rapid growth, and the proportion of electrochemical energy storage is increasing year by year, and will become the main incremental contributor in the future.

The valuation of the globally distributed energy storage system market has reached US$ 4.2 billion in 2022 and is expected to increase rapidly at a CAGR of 9.6% to end up at US$ 10.6 billion by 2032.

A U.S. investment company set up an independent investment department of energy storage, the goal

The ACDC distributed energy storage cabinet project was recently put into operation and received high praise from customers. Distributed storage cabinets are popular because of their excellent quality and the first-class service provided by ACDC.

The passage of the IRA in August 2022 gave a major boost to U.S. energy security and climate change efforts. The IRA is expected to propel the U.S. energy storage industry into a new phase of development through generous grants of at least $369 billion, setting the stage for rapid growth over the next decade.

Baiyin City in China's Gansu Province recently launched its first photovoltaic storage microgrid pilot project, aimed at developing the agricultural economy with rural characteristics. After a month of testing, the microgrid was put into operation on September 26.

Saudi Arabia's Red Sea New City is set to become the world's largest energy storage project. The project, which is part of the Saudi Vision 2030 plan, is being invested in and managed by the Red Sea Development Company.

New energy development is witnessing four major trends, with wind and photovoltaic technology being at the forefront.

During the 14th Five-Year Plan period, our country's energy development will undergo a significant shift. The previous approach of relying mainly on large-scale, centralized development will be transformed into a focus on household distributed development.This new model will combine both centralized and distributed utilization of energy resources, allowing for a more efficient and sustainable energy system.

The Belgian government has recently unveiled plans to construct the world's first "energy island"

By the end of 2023, it is expected that most provinces and regions in the country will be ready f

The Ministry of Foreign Affairs recently announced a list of practical cooperation projects for t

In the first half of 2023, the domestic new energy industry witnessed a total of 395 mergers and

In recent years, China has made significant progress in the development of new energy installed c

The renewable energy industry has long been advocating for policies that can alleviate the high c

The national government has recently issued the "14th Five-Year Plan" New Energy Storage Developm

The energy storage market is experiencing a significant development trend as renewable energy gra

Microgrids have gained significant attention in recent years as an effective solution for renewab