The latest information of jinfengying energy storage

How a new energy storage system is developing in China?

Dai Jianfeng, a deputy chief engineer of China Electric Power Planning and Engineering Institute, said the new energy storage in China has been developed through diverse technology routes. According to him, lithium-ion battery is still dominant at present, but the development of compressed air and liquid flow battery is accelerating.

Why is energy storage important in China?

New energy storage is an important foundation for building a new power system in China, enjoying the advantages of fast response, flexible configuration and short construction periods, he said. An analyst said the new energy storage installed capacity is expected to witness rapid development in the years to come.

Why is energy storage accelerating in China?

With the rapid growth of the installed scale of renewable energy, the power system's demand for various regulatory resources has been growing, leading to accelerating development of new energy storage in the country in recent years, said Liu.

Where is China's first megawatt-level iron-chromium flow battery energy storage project located?

China's first megawatt-level iron-chromium flow battery energy storage project, located in North China's Inner Mongolia autonomous region, is currently under construction and about to be put into commercial use, said its operator State Power Investment Corp.

Why is China promoting energy storage at the 2025 two sessions?

The buzzword “energy storage” at the 2025 Two Sessions underscores China’s strategic focus on building a resilient, sustainable, and diverse energy system, contributing new efforts to a sustainable global future. The country’s progress in new-type energy storage highlights how innovation can drive both economic and environmental progress worldwide.

How many energy storage projects are there in China?

As of the end of 2022, the total installed capacity of energy storage projects in China reached 59.4 GW. /CFP As of the end of 2022, the total installed capacity of energy storage projects in China reached 59.4 GW. /CFP