BNEF forecasts. Even accounting for planned power plant retirements, this will drive an 80% increase in the nameplate power generation capacity of the US by 2035. The rise in renewables will be complemented by 221 gigawatts of battery storage between 2024 and 2035, as ...
This Insight is part of theEnergy Storage Market Outlookseries. Energy storage hit another record year in 2022, adding 16 gigawatts/35 gigawatt-hours of capacity, up 68% from 2021. Beyond record additions, several markets announced ambitious energy storage targets totaling more than 130GW by 2030...
Outlook In the second half of 2024, the global economy is expected to maintain moderate growth and the Chinese economy will remain on an upward trend. The Company will continue to promote high-quality development and adhere to the five major development strategies: innovation, resources, market, ...
BYD Electronics (BYDE) is poised for strong growth in 2024, driven by several key factors: Consumer Electronics: The company is expected to see a 39% year-over-year (YoY) increase in revenue for the first half of 2024 (1H24), largely due to gains in iPad market share, an iPhone upgr...
The group's EBITDA also jumped by 46.5% YOY for 1H2024, reaching US$12.7 million. Industry Outlook According to the International Energy Forum (IEF) and S&P Global, oil demand is expected to reach nearly 110 million barrels per day (mb/d) by 2030 before gradually declining to approximately...
with around 40GW of new capacity added this year alone.rnSteve Sawyer, secretary general of the Global Wind Energy Council, presented the figures at the Husum WindEnergy fair in Germany last month.rn"We do expect the US market to be down this year as the low levels of orders we saw duri...
The US remains the top player in the carbon capture market with a 39% market share in proposed capture capacity by 2035, but the delay in finalizing 45Q guidelines is stalling projects.