• Bhubaneswar India
  • Contact+ 91-9938772605
  • Mon - Sat : 10:00AM - 6:00PM

Tag: storage

Solar and Storage: Latest Market Surveys Show Dynamic Growth

Pforzheim, Munich, Germany

July 12, 2024

The deployment of renewable sources of energy is picking up speed around the world. The impressive results of several market surveys recently presented at The smarter E Europe 2024 prove this. Photovoltaics (PV) and storage systems in particular are experiencing dynamic growth, and the trend goes towards the combination of the two technologies. The number of large-scale PV power plants is growing rapidly, as is the number of residential, commercial and industrial PV installations combined with storage systems.

SolarPower Europe’s Global Market Outlook for Solar Power 2024–2028 reports a global PV growth of 87 percent in 2023 compared to the previous year. 447 gigawatts (GW) of capacity were installed, which brings the total global capacity to 1.6 terawatts (TW). To put this into perspective, only 239 GW were installed in 2022. According to the study, we are likely to exceed 2 TW of total capacity in the course of this year, after the 1 TW mark was only surmounted in 2022. Achieving the global goal of tripling renewables by 2030 will require financing, digitalizing and flexibilizing energy systems. 1 TW of PV capacity could be installed each year from 2028.

Besides, more and more countries are becoming ‘gigawatt countries’: from 31 in 2023, their number is likely to go up to 37 in 2024. In total, 576 gigawatts of renewable capacity were added last year. While PV makes up by far the largest share at 78 percent, wind power accounts for 20 percent with 117 gigawatts of total capacity. Walburga Hemetsberger, CEO of SolarPower Europe, comments: “The world has truly entered its solar age. How far solar can go will be determined by equitable global access to financing, and the political will to deliver flexible energy systems fit for the renewable reality.”

European storage market is developing dynamically

According to the European Market Outlook for Energy Storage 2024–2028 (also published by SolarPower Europe), 2023 was the year in which Europe saw high electricity prices and the desire to become independent. As a consequence, battery storage capacities skyrocketed. 17.2 gigawatt hours (GWh), that is 94 percent more than last year, were added. This development was mainly driven by the residential sector, where 12 GWh of new capacity were installed. But the commercial and industrial battery sector and on-grid batteries for large-scale energy storage also showed promising developments, adding 1.6 GWh and 3.6 GWh, respectively.

Germany: Record growth of PV

Germany is one of the four leading countries when it comes to solar energy use. The German Solar Association’s (BSW-Solar) study The German PV and Battery Storage Market underlined this with impressive figures: In 2023, added PV capacity grew by 97 percent – the highest registered growth rate in Germany ever recorded. The trend of combining PV systems with battery storage also continued. In 2019, 46 percent of all residential PV systems were installed together with battery storage systems, last year, it was 77 percent. “This trend is likely to continue as supportive regulations are expected to be introduced in the near future,” states David Wedepohl, Managing Director of International Affairs at BSW-Solar. “When combined with intelligent storage systems, the benefits for the energy system go far beyond self-consumption.”

“Accelerating Integrated Energy Solutions“ – that’s the motto of The smarter E Europe. Europe’s largest alliance of exhibitions for the energy industry puts the spotlight on cross-industry solutions for a renewable 24/7 energy supply covering electricity, heat and transport. The smarter E Europe unites four exhibitions and will take place from May 7–9, 2025 at Messe München

Solar and Storage: Latest Market Surveys Show Dynamic Growth

Pforzheim, Munich, Germany July 12, 2024

  The deployment of renewable sources of energy is picking up speed around the world. The impressive results of several market surveys recently presented at The smarter E Europe 2024 prove this. Photovoltaics (PV) and storage systems in particular are experiencing dynamic growth, and the trend goes towards the combination of the two technologies. The number of large-scale PV power plants is growing rapidly, as is the number of residential, commercial and industrial PV installations combined with storage systems.

SolarPower Europe’s Global Market Outlook for Solar Power 2024–2028 reports a global PV growth of 87 percent in 2023 compared to the previous year. 447 gigawatts (GW) of capacity were installed, which brings the total global capacity to 1.6 terawatts (TW). To put this into perspective, only 239 GW were installed in 2022. According to the study, we are likely to exceed 2 TW of total capacity in the course of this year, after the 1 TW mark was only surmounted in 2022. Achieving the global goal of tripling renewables by 2030 will require financing, digitalizing and flexibilizing energy systems. 1 TW of PV capacity could be installed each year from 2028.

Besides, more and more countries are becoming ‘gigawatt countries’: from 31 in 2023, their number is likely to go up to 37 in 2024. In total, 576 gigawatts of renewable capacity were added last year. While PV makes up by far the largest share at 78 percent, wind power accounts for 20 percent with 117 gigawatts of total capacity. Walburga Hemetsberger, CEO of SolarPower Europe, comments: “The world has truly entered its solar age. How far solar can go will be determined by equitable global access to financing, and the political will to deliver flexible energy systems fit for the renewable reality.”

European storage market is developing dynamically

According to the European Market Outlook for Energy Storage 2024–2028 (also published by SolarPower Europe), 2023 was the year in which Europe saw high electricity prices and the desire to become independent. As a consequence, battery storage capacities skyrocketed. 17.2 gigawatt hours (GWh), that is 94 percent more than last year, were added. This development was mainly driven by the residential sector, where 12 GWh of new capacity were installed. But the commercial and industrial battery sector and on-grid batteries for large-scale energy storage also showed promising developments, adding 1.6 GWh and 3.6 GWh, respectively.

Germany: Record growth of PV

Germany is one of the four leading countries when it comes to solar energy use. The German Solar Association’s (BSW-Solar) study The German PV and Battery Storage Market underlined this with impressive figures: In 2023, added PV capacity grew by 97 percent – the highest registered growth rate in Germany ever recorded. The trend of combining PV systems with battery storage also continued. In 2019, 46 percent of all residential PV systems were installed together with battery storage systems, last year, it was 77 percent. “This trend is likely to continue as supportive regulations are expected to be introduced in the near future,” states David Wedepohl, Managing Director of International Affairs at BSW-Solar. “When combined with intelligent storage systems, the benefits for the energy system go far beyond self-consumption.”

Shanghai Electric Leads SNEC 2024 with Solar, Storage, and Hydrogen Innovations

SHANGHAI, June 18, 2024  — Shanghai Electric took the spotlight at SNEC PV Power Expo 2024, where it showcased the latest advancements in its solar, energy storage, and hydrogen solutions. The three-day event that started on June 13th also saw two of Shanghai Electric’s subsidiaries – Hency Solar and Shanghai Electric Gotion – sign strategic cooperation agreements and secure orders with 14 key industry players including PRANA, Tmall Energy B.V., and NSR GmbH, with which the company aims to accelerate the deployment of cutting-edge renewable energy technologies and drive forward the global transition to a sustainable future.

Hybrid systems stood out as promising new energy solutions that became a new favorite among Shanghai Electric’s strategic partners. At the expo, Hency Solar has inked partnerships with China Energy Construction Group Jiangsu Power Design Institute and Jiangsu Pengzhi Power for the development of 400MW and 150MW renewable projects integrated with wind energy, solar energy, and aquaculture, building innovative, eco-friendly energy infrastructures that boost economic growth while cutting carbon footprint.

Under the banner “Smart Sunshine, Green Future“, Shanghai Electric Power Station Group highlighted a range of innovations, demonstrating its technological breakthroughs in solar energy, solar-thermal power, multi-energy storage, hydrogen energy, and distributed energy management designed for decarbonization.

The products that made a splash at the event include:

  • The “Intellectual” and “Edgeless” series solar solutions: The “Intellectual” series smart solar modules are integrated with power electronic devices that offer MPPT power optimization, monitoring, safety shutdown, and voltage control, ensuring greater safety, reliability, real-time optimization, and streamlined maintenance. The “Edgeless” series sports a unique structure that enables 360-degree self-cleaning capabilities for dust and snow, facilitated by gravity and rainfall. Certified by TÜV SÜD, the design results in a 2%-6% increase in annual power generation, significantly higher than its market counterparts.
  • Shanghai Electric Gotion’s energy storage innovations: Showcasing its latest 215kWh liquid-cooled commercial and industrial system and 5MWh lithium-ion liquid-cooled system from “Elite Cool” series, which houses 314Ah battery cells with advanced fire protection mechanisms to optimize investment efficiency, spatial footprint, and safety. The UNIQUE-ONE (U200) system, engineered for both grid-connected and off-grid operations, is equipped with a single-row design that is more compact than the conventional double-row products.
  • The new “Z” series alkaline electrolyzer and testing platform: Certified by TÜV Rheinland, this system has achieved a significant leap in performance, with a current density exceeding 10,000A/m2 and minimal DC energy consumption of 3.8kWh/Nm3 H2. To address diverse product testing requirements, the platform is designed with testing capabilities for the electrolyzer’s key materials and core components, pilot tests, and full-scale tests, capable of reaching 2,000Nm3/h for alkaline electrolyzers and 300Nm3/h for proton exchange membrane electrolyzers.

Shanghai Electric Leads SNEC 2024 with Solar, Storage, and Hydrogen Innovations

SHANGHAI, June 18, 2024  — Shanghai Electric took the spotlight at SNEC PV Power Expo 2024, where it showcased the latest advancements in its solar, energy storage, and hydrogen solutions. The three-day event that started on June 13th also saw two of Shanghai Electric’s subsidiaries – Hency Solar and Shanghai Electric Gotion – sign strategic cooperation agreements and secure orders with 14 key industry players including PRANA, Tmall Energy B.V., and NSR GmbH, with which the company aims to accelerate the deployment of cutting-edge renewable energy technologies and drive forward the global transition to a sustainable future.

Hybrid systems stood out as promising new energy solutions that became a new favorite among Shanghai Electric’s strategic partners. At the expo, Hency Solar has inked partnerships with China Energy Construction Group Jiangsu Power Design Institute and Jiangsu Pengzhi Power for the development of 400MW and 150MW renewable projects integrated with wind energy, solar energy, and aquaculture, building innovative, eco-friendly energy infrastructures that boost economic growth while cutting carbon footprint.

Under the banner “Smart Sunshine, Green Future“, Shanghai Electric Power Station Group highlighted a range of innovations, demonstrating its technological breakthroughs in solar energy, solar-thermal power, multi-energy storage, hydrogen energy, and distributed energy management designed for decarbonization.

The products that made a splash at the event include:

  • The “Intellectual” and “Edgeless” series solar solutions: The “Intellectual” series smart solar modules are integrated with power electronic devices that offer MPPT power optimization, monitoring, safety shutdown, and voltage control, ensuring greater safety, reliability, real-time optimization, and streamlined maintenance. The “Edgeless” series sports a unique structure that enables 360-degree self-cleaning capabilities for dust and snow, facilitated by gravity and rainfall. Certified by TÜV SÜD, the design results in a 2%-6% increase in annual power generation, significantly higher than its market counterparts.
  • Shanghai Electric Gotion’s energy storage innovations: Showcasing its latest 215kWh liquid-cooled commercial and industrial system and 5MWh lithium-ion liquid-cooled system from “Elite Cool” series, which houses 314Ah battery cells with advanced fire protection mechanisms to optimize investment efficiency, spatial footprint, and safety. The UNIQUE-ONE (U200) system, engineered for both grid-connected and off-grid operations, is equipped with a single-row design that is more compact than the conventional double-row products.
  • The new “Z” series alkaline electrolyzer and testing platform: Certified by TÜV Rheinland, this system has achieved a significant leap in performance, with a current density exceeding 10,000A/m2 and minimal DC energy consumption of 3.8kWh/Nm3 H2. To address diverse product testing requirements, the platform is designed with testing capabilities for the electrolyzer’s key materials and core components, pilot tests, and full-scale tests, capable of reaching 2,000Nm3/h for alkaline electrolyzers and 300Nm3/h for proton exchange membrane electrolyzers.

Trends in Wardrobe Designs

Mr. Sarang Gada

By – Mr. Sarang Gada, Managing Director – Qubero

Wardrobes have an important role in the field of Interior Design, not only for their functional purposes but also as a statement piece that contributes to enhancing the visual appeal of your space. Over the years, wardrobe design trends have witnessed a significant evolution, reflecting changes in lifestyle, technology, and design preferences. Let’s take a look at the most recent trends in wardrobe design, such as conventional closet systems or new modular installation systems.

1. Minimalist Elegance: Minimalism, characterized by clean lines, sleek finishes, and clutter-free spaces, continues to be a dominant trend in the design of the wardrobe. With the rise of minimalist lifestyles, wardrobes are now designed to maximize storage efficiency while maintaining a visually uncluttered appearance. Increasingly, homeowners looking for a minimal aesthetic are choosing built-in closet solutions that consist of concealing storage possibilities like slide doors and concealable compartments.

2. Customization and Personalization: When it comes to designing your clothes, one size doesn’t always fit all. With regard to their specific needs and preferences, homeowners increasingly opt for a personalized solution. In accordance with individual requirements, modular wardrobes offer the flexibility to adapt the layout, storage configuration, and accessories. In addition, customers will be able to see and customize their wardrobes before they make a purchase with the advent of Digital Design Tools that improve the overall customer experience.

3. Smart storage solution: The clothes are becoming more intelligent at this age of sophisticated technology. The way we organize and access our goods is changing with new storage solutions, such as the mobility racks, sensor-activated lighting, or automatic closet organization system. Smart wardrobes, which are a desirable choice for modern homes, not only maximize the use of space but also simplify the daily routine.

4. Integration of technology: In order to improve functionality and convenience, technology has been seamlessly incorporated into the current wardrobe design. Technology-driven features are adding a touch of luxury and sophistication to the wardrobes, from integrated charging stations and built-in speakers to automated inventory systems. Smart mirrors with built-in displays and virtual wardrobe apps further elevate the user experience, allowing for seamless outfit selection and styling.

By integrating smart storage solutions, sustainable materials, and configurable modular systems, Qubero is revolutionizing the way wardrobes are designed. We offer their clients a wide range of options by adapting to every different client’s needs combining functionality and visual appeal.

Finally, the evolution of wardrobe is influenced by a wider shift towards lifestyle, technology, and design style. Today’s wardrobes are a perfect fusion of functionality and style, from minimalist elegance to smart storage solutions, customization, sustainability and technology integration. In the coming years, as homeowners continue to focus on efficiency, aesthetics, and personalization, we can expect trends in the design of wardrobe to continue to evolve, pushing the boundaries of creativity and innovation.