Solar Energy Conference Announcement: SolarZoom is set to host a significant event focused on the advancements in solar technology and high-quality energy development.
<b>Date:</b> April 16, 2025
<b>Views:</b> 374
<b>Reported by:</b> Li Jiao
Following the trend of automatic registrations, SolarZoom is consolidating its efforts to enhance efficiency and streamline operations. Recent media reports indicate that the China Solar Conference has initiated a precautionary measure regarding the solar inverter and energy storage sectors. The "Negative Pressure" conference dedicated to specialized topics will discuss the initial stages of reviewing these critical technologies and their health development recommendations.
Approximately 20 companies will participate at a high management level, with representatives from solar energy producers and energy storage companies, including renowned industry names such as LONGi, JA Solar, and Trina Solar. These companies will discuss the current state of the market and potential strategies for future growth.
Recent trends show that prices in the solar inverter and energy storage market continue to slide, influenced by factors such as increased production capacity and ongoing technological advancements. The U.S. market, in particular, is projected to require significant growth, with European and Central and South American markets also showing strong demand.
Predictions indicate that the global energy storage market will achieve a compounded annual growth rate (CAGR) of 40% to 50% from 2023 to 2025, driven by the increasing use of solar energy and storage technologies. By 2030, the cumulative installed capacity in the U.S. is expected to reach 236.1 GW, with a CAGR of 20.2% from 2025 to 2030.
In addition, the latest report from SolarZoom indicates that the demand for energy storage systems will continue to rise, with projections suggesting a significant increase in market needs, particularly for lithium-ion batteries.
<b>For media inquiries:</b> Please contact Sunny Zhang at (021) 50315221-812 or via email at edit@solarzoom.com.
<b>SolarZoom's Official Announcement:</b> The company emphasizes its commitment to promoting advancements in solar technology, ensuring that it remains at the forefront of the energy transition.
<b>Disclaimer:</b> SolarZoom does not express any political views. All information provided is strictly related to the advancements and developments in the solar energy sector.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinese-solar-energy-market-faces-changes-amidst-supply-chain-adjustments-and-quality-control-measures/
