Aug 01, 2024 09:08 PM

Chart of the Day: China Boosts Energy Storage Capacity as Power Demand Grows

By Wang Xintong

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China’s installation of new energy storage has continued to expand in the first half of 2024, albeit at a slower pace, official data show, as power demand rises in anticipation of the hot summer months.

China added 13.05 gigawatts (GW) of installed new energy storage capacity in the first half of 2024, bringing the country’s cumulative capacity to 44.44 GW, according to data released by the National Energy Administration (NEA) on Wednesday.

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