Company News

  • Can the capacity market become the key to the marketization of energy storage systems?

    Can the capacity market become the key to the marketization of energy storage systems?

    Will the introduction of a capacity market help underpin the deployment of energy storage systems needed for Australia’s transition to renewable energy? This appears to be the view of some Australian energy storage project developers looking for the new revenue streams needed to make energy...
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  • California needs to deploy 40GW battery storage system by 2045

    California needs to deploy 40GW battery storage system by 2045

    California investor-owned utility San Diego Gas & Electric (SDG&E) has released a decarbonization roadmap study. The report claims that California needs to quadruple the installed capacity of the various energy generation facilities it deploys from 85GW in 2020 to 356GW in 2045. The compa...
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  • U.S. new energy storage capacity hits record high in fourth quarter of 2021

    U.S. new energy storage capacity hits record high in fourth quarter of 2021

    The U.S. energy storage market set a new record in the fourth quarter of 2021, with a total of 4,727MWh of energy storage capacity deployed, according to the U.S. Energy Storage Monitor recently released by research firm Wood Mackenzie and the American Clean Energy Council (ACP). Despite the dela...
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  • 55MWh world’s largest hybrid battery energy storage system will be opened

    55MWh world’s largest hybrid battery energy storage system will be opened

    The world’s largest combination of lithium-ion battery storage and vanadium flow battery storage, the Oxford Energy Superhub (ESO), is about to start trading in full on the UK electricity market and will demonstrate the potential of a hybrid energy storage asset. The Oxford Energy Super Hub (ESO...
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  • 24 Long-term energy storage technology projects receive 68 million funding from the UK government

    24 Long-term energy storage technology projects receive 68 million funding from the UK government

    The British government has said it plans to fund long-duration energy storage projects in the UK, pledging £6.7 million ($9.11 million) in funding,media reported. The UK Department for Business, Energy and Industrial Strategy (BEIS) provided competitive financing totalling £68 million in June 20...
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  • Merry Chrismas! Happy New Year!

    Merry Chrismas! Happy New Year!

    Merry Christmas to my friend. May your Christmas be full of love, laughter,and goodwill. May the new year bring you prosperity, and wish you and your loved ones happiness in the year ahead. All of friend Merry Chrismas! Happy New Year! Cheers! Greeting you warmly with a wish that’s sincere ...
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  • Sorotec  Delivers Love

    Sorotec Delivers Love

    Free mask are ready to send !We Sorotec are not only providing protection to your power but also your healthy!We would like to do our best to fighting against the virus with all of our customers together and Wish all the friends of the world health and happiness. ...
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