Energy storage equipment industry market status
Jan 12,2025

By the end of 2024, China's cumulative installed capacity of new energy storage reached 184.2GWh, exceeding pumped storage for the first time. Among them, lithium batteries accounted for more than 97% of the new energy storage market. In addition, new energy storage technologies such as sodium-ion batteries, flow batteries, supercapacitors, and lead-carbon batteries are in the stage of industrial promotion and application, showing unique advantages and development potential.
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