The establishment time of the new energy storage industry alliance

What is Guangdong new energy storage industry technology innovation alliance?

It carries out construction and operation with eight major tasks including team building and encouraging international cooperation. The Energy Storage Center has taken the lead in establishing Guangdong New Energy Storage Industry Technology Innovation Alliance, covering over 85% of the national innovation platforms in the new energy storage field.

What is the energy storage Alliance?

The alliance has established a technical expert committee composed of 10 academicians and experts to focus on five major aspects of the business, including electrochemical energy storage, mechanical energy storage, superconducting energy storage, thermal energy storage, and hydrogen energy storage.

Is China's energy storage sector growing?

According to the report, China's energy storage sector has maintained a rapid growth momentum from 2023, with new energy storage capacity expanding from 8.7 million kilowatts in 2022 to 31.39 million kW last year. On the other hand, new energy storage plants in China are increasingly shifting toward centralized, large-scale installations, it said.

Why is China a leader in energy storage technology?

Li added that China's dominance in energy storage technology, particularly in battery cell production, places it in a leading position to shape global storage standards. At the end of the first half, power storage capacity in China surpassed 100 GW, reaching 103.3 GW, a 47 percent year-on-year increase.

Does China's energy storage capacity exceed pumped storage capacity?

China's installed capacity of new-type energy storage exceeded that of pumped storage for the first time at the end of 2024, according to a recent data release by China Energy Storage Alliance.

How much energy storage capacity has China added in 2022?

China has added 21.5 GW of storage capacity so far this year, which is three times the amount added during the same period in 2022, accounting for 47 percent of the global increase, it said. China's momentum in energy storage reflects a blend of strategic policy support, technological innovation, and strong industry partnerships, said Li.