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On October 13, the 2015 China Photovoltaic Conference & Exhibition was successfully held, as the world's largest module supplier, Trina Solar announced the establishment of TRW Energy Storage Company, planning to occupy about 1% of the global energy storage market by next year, and strive to become the world's top 5 energy storage solution providers by 2020, creating "smart energy + Internet energy"
.
In fact, this is a microcosm
of the accelerated layout of the energy storage market in various countries.
Relevant institutions predict that with the development of China's renewable energy industry and the gradual reduction of energy storage costs, energy storage technology will gradually extend from the stage of demonstration project construction to the stage of commercial operation, and China's energy storage industry will reach more than one trillion investment scale
in the next decade.
Qi Fujun, general manager of Trina Solar's energy storage business unit, said that the company established the technical reserve and strategic planning
of energy storage solutions as early as 2010.
In the past two years, there are more and more opportunities in the foreign energy storage market, and chemical energy storage technology is expected to mature, making the sharp drop in energy storage electricity prices possible a reality, which prompted TRW to finally officially establish an energy storage company
.
The global energy storage market will have a compound growth rate
of 70% in the next few years.
According to the statistics of operation, planning and projects under construction in the first half of 2015, there are two hot spots for energy storage applications in China, one is distributed generation and microgrid, and the other is renewable energy grid-connected
.
In addition, as China's microgrid electricity price and subsidy scheme enters the discussion stage of the draft for comments, microgrid projects may be expected to receive 70% of the system subsidy
.
If this policy is implemented, it will activate the vigorous development of China's energy storage industry and even leverage the global energy storage market
.
On October 13, the 2015 China Photovoltaic Conference & Exhibition was successfully held, as the world's largest module supplier, Trina Solar announced the establishment of TRW Energy Storage Company, planning to occupy about 1% of the global energy storage market by next year, and strive to become the world's top 5 energy storage solution providers by 2020, creating "smart energy + Internet energy"
.
In fact, this is a microcosm
of the accelerated layout of the energy storage market in various countries.
Relevant institutions predict that with the development of China's renewable energy industry and the gradual reduction of energy storage costs, energy storage technology will gradually extend from the stage of demonstration project construction to the stage of commercial operation, and China's energy storage industry will reach more than one trillion investment scale
in the next decade.
Qi Fujun, general manager of Trina Solar's energy storage business unit, said that the company established the technical reserve and strategic planning
of energy storage solutions as early as 2010.
In the past two years, there are more and more opportunities in the foreign energy storage market, and chemical energy storage technology is expected to mature, making the sharp drop in energy storage electricity prices possible a reality, which prompted TRW to finally officially establish an energy storage company
.
The global energy storage market will have a compound growth rate
of 70% in the next few years.
According to the statistics of operation, planning and projects under construction in the first half of 2015, there are two hot spots for energy storage applications in China, one is distributed generation and microgrid, and the other is renewable energy grid-connected
.
In addition, as China's microgrid electricity price and subsidy scheme enters the discussion stage of the draft for comments, microgrid projects may be expected to receive 70% of the system subsidy
.
If this policy is implemented, it will activate the vigorous development of China's energy storage industry and even leverage the global energy storage market
.
