We believe that after the implementation of the energy storage policy, the new energy storage will accelerate the promotion of entering the power trading market and expand its revenue model.
7.8GW/16.3GWh in 2022
22.8GW/49.1GWh in 2023, nearly three times
cumulative installed capacity of new energy storage in China will reach 31.3GW/66.9GWh
In 2024, the scale of new grid-connected energy storage projects in China is expected to reach 34.5GW/85.4GWh under the baseline scenario
43.4GW/107.1GWh under the optimistic prediction
Growth rate of 74% and 118% respectively