In 2023, the capacity of newly installed new type energy storage capacity increased by 181 percent compared to the previous year, which amounted to over 21 gigawatts of new type energy storage capacity had been added in China. New type energy storage solutions include lithium-ion batteries and flywheels. In contrast, a conventional energy storage solution is pumped hydro.
Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023
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Website (baogaoting.com). (March 10, 2024). Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/
Website (baogaoting.com). "Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023." Chart. March 10, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/
Website (baogaoting.com). (2024). Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/
Website (baogaoting.com). "Growth Rate of Newly Installed New Type Energy Storage Capacity in China from 2020 to 2023." Statista, Statista Inc., 10 Mar 2024, https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/
Website (baogaoting.com), Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023 Statista, https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/ (last visited December 22, 2024)
Growth rate of newly installed new type energy storage capacity in China from 2020 to 2023 [Graph], Website (baogaoting.com), March 10, 2024. [Online]. Available: https://www.statista.com/statistics/1465202/china-growth-rate-of-newly-installed-new-type-energy-storage-capacity/