Weekend Read: Solar giants enter the storage market
Energy storage is the new solar for an increasing number of Chinese PV manufacturers. However, China still requires enabling policies for storage to provide the end-market volumes needed to bolster the fortunes of manufacturers old and new.
China reaches 1.7 GW of electrochemical storage capacity
According to new numbers released by the China Energy Storage Alliance, the country’s storage capacity topped 32.4 GW at the end of last year. The association said the storage market is expected to continue to grow steadily in the years ahead.
