BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.
Globally, energy storage project development is increasingly driven by the utility-scale segment, with mandates and targeted auctions driving gigawatt-hour projects in markets like China, Saudi Arabia, South Africa, Australia and Chile.
The move is part of China''s broader push toward a green, low-carbon energy transition as well as high-quality economic and social development. It builds on significant growth in the sector. As of the end of 2024, the country''s installed capacity of new-type energy storage had reached 73.76 million kilowatts, according to official data.
The new energy storage market in China has great development potential in the future. The cumulative installed capacity of new energy storage in China is expected to exceed 100 gigawatts (GW) by 2025, according to the Energy Storage Industry Research White Paper 2025 released by the Institute of Engineering Thermophysics on 10 April.
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China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and …
China''s nationwide installed capacity of new-type energy storage has exceeded 100 GW, more than 30 times the level at the end of the 13th Five-Year Plan period.
Recently, several projects—including Shanghai Electric Group’s 5GWh all-vanadium redox flow battery project, the Washi Power sodium-ion battery base project, and …
A technician monitors energy storage equipment in Yibin, Sichuan province, in December. Zhuang Geer / for China Daily Leveraging its dominant position in electric vehicles, …
Based on a brief analysis of the global and Chinese energy storage markets in terms of size and future development, the publication delves into the relevant business models …
The Coverage and Intensity of Policies Continuing to Increase Technological breakthrough and industrial application of new type storage are included in the 2023 energy …
Bian said the administration will further promote the orderly development of new energy storage technology, while vigorously …
Bian said the administration will further promote the orderly development of new energy storage technology, while vigorously supporting technological innovation, continuing to …
The new energy storage market in China has great development potential in the future. The cumulative installed capacity of …
A 500 MW / 2,000 MWh standalone BESS in Tongliao, Inner Mongolia, has begun commercial operation following a five-month construction period, reflecting China’s …
The new energy storage market in China has great development potential in the future. The cumulative installed capacity of new energy storage in China is expected to exceed …
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world’s two largest markets, the US and China, …
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