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Asia Ranks First in 2019-2024 BESS Market CAGR, Says TrendForce

2020/02/13

Energy

According to the EnergyTrend research division of TrendForce, the integration between centralized generation and distributed smart grid is an inevitable trend in smart city initiatives. Global BESS installation capacity is expected to reach 3.2GWh in 2020, with a 22% CAGR from 2019 to 2024.

Press Releases
HEVs Already an International Trend, With China's Electric Cars Moving Towards Diversification, Says TrendForce

2019/08/01

Energy

Thanks to China's new point-based quota system for new energy vehicles and the enlarging scale of European, American and Japanese markets, opportunities in the HEV market have attracted much interest. EnergyTrend, a division of TrendForce, predicts that global HEV market share will reach 5% in 2019, whereas that for pure electric vehicles will stand at only 2%.

Press Releases
Lithium Batteries Increasingly Used as UPSs in Datacenters Due to High Cost-Performance Ratio, Says TrendForce

2019/06/05

Energy

As the datacenter market continues to grow, UPS demand receives a boost. According to statistics by EnergyTrend , a division of TrendForce , sealed lead acid (SLA) batteries remain the most widely used UPSs for datacenters. Yet lithium batteries possess advantages such as a long lifespan, quick charge/discharge speeds and a small volume, and are poised to replace SLA batteries in the future. By 2019, lithium batteries comprise 12% of batteries used in datacenters. This percentage is predicted to grow to 16% in 2020.