[RSS] Already world’s top energy-storing nation, China to supercharge capacity by 2027

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[RSS] Already world’s top energy-storing nation, China to supercharge capacity by 2027

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China, which already boasts the world’s largest energy-storage capacity, is set to nearly double that level by 2027, with an anticipated investment of 250 billion yuan (US$35 billion), according to Beijing’s latest action plan. As outlined in the action plan, China’s “new-energy storage system” capacity – primarily based on lithium-ion batteries – is set to exceed 180 gigawatts within two years, up from 95GW as of June. Released jointly by the National Development and Reform Commission and the...

Source: https://www.scmp.com/economy/economic-i ... e=rss_feed
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