From ESS News
China leads the world by way of manufacturing and deploying battery power storage programs. What are the important thing developments we’re seeing available in the market in the present day?
Last 12 months, China put in almost 20 GW of battery power storage programs, which is as a lot as it would deploy in 2023 cumulatively. This 12 months, the market continues its speedy growth with property forward of the meter with greater than 90%, and standalone programs accounting for 60% of the determine.
While utility-scale initiatives account for a big portion of the newly added capability, deployment within the business and industrial (C&I) and residential sectors is rising quickly with a powerful deal with integrating the design and performance.
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