China’s battery storage capacity growth likely to slow in 2024 – ET Auto
Baua Electric
APRIL 12, 2024
Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids.
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