China's installed new-type energy storage capacity had reached 44.44 gigawatts by of the end of June, expanding 40 percent compared with the end of last year, the National Energy Administration (NEA) said on Wednesday. Lithium-ion batteries accounted for 97 percent of China's new-type energy storage capacity at the end of June, the NEA added.
Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. The United States was the leading country for battery-based energy storage projects in 2022, with approximately eight gigawatts of installed capacity as of that year.
Recently, China saw a diversifying new energy storage know-how. Lithium-ion batteries accounted for 97.4 percent of China's new-type energy storage capacity at the end of 2023. Aside from the lithium-ion battery, which is a dominant type, technical routes such as compressed air, liquid flow battery and flywheel storage are being developed rapidly.
BEIJING, July 31 -- China's energy storage capacity is expanding to facilitate the utilization of growing renewable power amid the country's efforts to advance its green energy transition.
Lithium-ion batteries accounted for 97 percent of China's new-type energy storage capacity at the end of June, the NEA added. A number of compressed air, flow battery and sodium-ion battery energy storage projects have started operations, diversifying technological development in the sector, according to the NEA.
The NEA said it will actively strengthen planning, improve standard systems and refine the market mechanism to promote the high-quality development of new-type energy storage. China's energy storage capacity is expanding to facilitate the utilization of growing renewable power amid the country's efforts to advance its green energy transition.
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Global energy storage capacity outlook 2024, by country or state. Leading countries or states ranked by energy storage capacity target worldwide in 2024 (in gigawatts)
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The United States was the leading country for battery-based energy storage projects in 2022, with approximately eight gigawatts of installed capacity as of that year.
Explore our global installed capacity tool. It allows you to break down the cumulative installed capacity data by year, by technology, by country and region. The data include the historic …
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China''s installed new-type energy storage capacity had reached 44.44 gigawatts by of the end of June, expanding 40 percent compared with the end of last year, the National …
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Global installed base of battery-based energy storage projects 2022, by main country; Capacity of planned battery energy storage projects worldwide 2022, by select country
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