China's energy storage sector is growing rapidly, with planned capacity based on newly published tenders of projects topping 19 gigawatts for the first five months of this year, up 93.5% from the same period last year, according to a report released late last month by Haitong Securities.
Caixin
Five things powering China's energy storage boom
More pro-market reforms and sustainable business model are needed, insiders say
An electricity storage facility under construction in Minle county in northwest China's Gansu province in November 2022. (Feature China/Future Publishing via Getty Images)
Read Next
Latest on Caixin
