Yearly Archives: 2023

With the next phase of Paris Agreement goals rapidly approaching, governments and organisations around the world are looking to increase the adoption of renewable energy sources. Some of the regions with the heaviest use of energy have extra incentives for pursuing alternatives to traditional energy. For example, in Europe, the incentive stems from an energy crisis but in the United States, it comes courtesy of the Inflation Reduction Act, a 2022 law that allocates $370 billion to clean-energy investments.

Demand for Battery Energy Storage Systems (BESS) continues to grow to meet the net zero energy demands around the world – and in today’s energy environment – they are fast becoming linchpins for reliability and efficiency in renewable energy integration and grid stabilisation.

According to a report by Benchmark Source, the supply chain intelligence analysts, Almost $300 billion of investment in new lithium ion battery gigafactories has been announced in the last 4 years, with nearly half of that ($130 Bn) announced in the last year alone. Investments in battery capacity are robust, and the S&P Global Commodity Insights report calculated manufacturing capacity will reach 6.5 TWh in 2030, led by China, which is projected to have over half the market share, alongside North America and Europe, each boasting over 1 TWh of lithium-ion battery capacity.

We’re excited to be showcasing our comprehensive, integrated Battery Energy Storage Solutions to the UK market for the very first time following a pivotal period of growth in the market with several storage projects under construction and more in the pipeline. This year, you’ll be able to take a deeper look at Elementa, our industry-leading …

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Effective energy management has become a cornerstone for sustainable storage across the globe. The intricate interplay of energy sources, consumption patterns, and environmental concerns requires precise control, vigilant monitoring, and seamless optimization of energy flows. This level of management ensures reliable power supply, optimised operations of battery systems and also paves the way for reduced wastage for a greener tomorrow.

Last year’s debut at RE+ marked our emphatic entry into the renewables landscape, unveiling Elementa BESS by Trina Storage and introducing our North American team. And since then, our dedication to the US market continues as we are soon to be opening an office headquarters in Upstate New York for our team to operate from.

The future of energy storage holds remarkable potential, largely due to the expedited transition from traditionally being seen as primarily ‘backup’ systems to becoming fundamental components of the ‘baseload’ power generation – especially as more renewable power is generated across the world.

In an era of increasing energy demand, smart energy storage systems offer a sustainable solution for power requirements globally. Highlighting their exponential growth, 2022 was a record-breaking year in the United States with the installed base of utility-scale BESS increasing by 80%.