Year user-side energy storage capacity gaogong lithium battery

What is the capacity expansion of Gaogong lithium battery?

In terms of capacity expansion, according to the statistics of Gaogong Lithium Battery, CATL has planned eight self-built production bases with a total battery production capacity (including PACK) of about 500GWh. If the power of the joint venture with car companies is added, it will reach 600-650GWh, and it is expected to be in 2025.

What is the output of lithium-ion batteries for power storage?

The output of lithium-ion batteries for power storage stood at 185 GWh. The installed capacity of power batteries exceeded 435 GWh. Exports of lithium-ion batteries in 2023 jumped over 33 percent from a year earlier to 457.4 billion yuan, the data revealed.

How big is China's Lithium-ion battery industry in 2023?

The installed capacity of power batteries exceeded 435 GWh. Exports of lithium-ion batteries in 2023 jumped over 33 percent from a year earlier to 457.4 billion yuan, the data revealed. China's lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25 percent year on year, official data showed.

How much storage capacity does a lithium ion battery have in 2023?

The newly added installed capacity in 2023 was approximately 22.6GW / 48.7GWh, which is three times that for 2022 (7.3GW / 15.9GWh). In terms of storage types, the dominant advantage of lithium-ion batteries continues to expand, accounting for 97.4% of the new type storage installation.

What is the output value of lithium-ion batteries?

The output value of the sector surpassed 1.4 trillion yuan (about 197 billion U.S. dollars) during the same period. The output of lithium-ion batteries for power storage stood at 185 GWh. The installed capacity of power batteries exceeded 435 GWh.

How much energy storage does China have in 2023?

By the end of 2023, China had completed and put into operation a cumulative installed capacity of new type energy storage projects reaching 31.4GW / 66.9GWh, with an average storage duration of 2.1 hours. The newly added installed capacity in 2023 was approximately 22.6GW / 48.7GWh, which is three times that for 2022 (7.3GW / 15.9GWh).