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6 FAQs about [New Energy Storage Company Foreign Trade]
How many new energy storage projects are commissioned in China?
Figure 2: Cumulative installed capacity of new energy storage projects commissioned in China (as of the end of June 2023) In the first half of 2023, China's new energy storage continued to develop at a high speed, with 850 projects (including planning, under construction and commissioned projects), more than twice that of the same period last year.
What is the cumulative installed capacity of energy storage projects?
The cumulative installed capacity of new energy storage projects is 21.1GW/44.6GWh, and the power and energy scale have increased by more than 225% year-on-year. Figure 1: Cumulative installed capacity (MW%) of electric energy storage projects commissioned in China (as of the end of June 2023)
How big is China's energy storage capacity?
According to incomplete statistics from CNESA DataLink Global Energy Storage Database, by the end of June 2023, the cumulative installed capacity of electrical energy storage projects commissioned in China was 70.2GW, with a year-on-year increase of 44%.
How a domestic energy storage system compared to last year?
In the first half of the year, the capacity of domestic energy storage system which completed procurement process was nearly 34GWh, and the average bid price decreased by 14% compared with last year. In the first half of 2023, a total of 466 procurement information released by 276 enterprises were followed.
Does Siemens Gamesa have a commercial market for electrothermal energy storage?
In May, Siemens Gamesa, the renewable energy arm of multinational conglomerate Siemens, discontinued its demonstration of electrothermal energy storage in Hamburg, Germany. “A commercial market for large-scale and long - term storage has not emerged to date,” a company spokesperson says.
Where can I find information about energy storage research products?
You can visit the website of CNESA, , to learn more about research products on energy storage industry. Please contact CNESA if you have any questions: