Growth rate of newly added energy storage capacity in China 2020-2023

Published by
Daniel Slotta,
Oct 22, 2024

In 2023, the capacity of newly installed energy storage capacity increased by 221 percent compared to the previous year, which amounted to over 23 gigawatts in energy storage capacity had been added in China. Popular storage methods are pumped hydro and lithium-ion batteries.

Growth rate of newly installed energy storage capacity in China from 2020 to 2023

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Release date

March 2024

Region

Asia, China

Survey time period

2020 to 2023

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