Chairman of the energy storage alliance

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6 FAQs about [Chairman of the energy storage alliance]
How to judge the progress of energy storage industry in China?
Chen Haisheng, Chairman of the China Energy Storage Alliance: When judging the progress of an industry, we must take a rational view that considers the overall situation, development, and long-term perspective. In regard to the overall situation, the development of energy storage in China is still proceeding at a fast pace.
How much energy storage will China produce by 2025?
According to Chen Haisheng, chairman of the China Energy Storage Alliance, the targeted output of new-type energy storage, such as electrochemical energy storage and hydrogen storage, will top over 3 trillion yuan by the end of 2025.
How much energy storage capacity does the energy storage industry have?
New operational electrochemical energy storage capacity totaled 519.6 MW/855.0 MWh (note: final data to be released in the CNESA 2020 Energy Storage Industry White Paper). In 2019, overall growth in the development of electrical energy storage projects slowed, as the industry entered a period of rational adjustment.
How did the energy storage industry develop in 2019?
In 2019, overall growth in the development of electrical energy storage projects slowed, as the industry entered a period of rational adjustment. As we enter 2020, how do those in the industry view and understand the future development path for energy storage?
Will electrochemical energy storage grow in China in 2019?
The installation of electrochemical energy storage in China saw a steep increase in 2018, with an annual growth rate of 464.4% for new capacity, an amount of growth that is rare to see. Subsequently, the lowering of electrochemical energy storage growth in China in 2019 compared to 2018 should be viewed rationally.
How many kilowatts of energy storage will China have?
The cumulative installed capacity of new energy storage is estimated to reach 100 million kilowatts by the end of this year. New-type energy storage has become new economic drivers in many places in China, as demonstrated by local governments' industrial planning not only for this year but also for 2027 and even 2030, said Chen.
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