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Also in this month, China's largest offshore photovoltaic-hydrogen-storage project in Rudong began generating electricity. In this project, solar power is used for seawater electrolysis to produce hydrogen, which is utilized for electricity generation during peak demand. -- Sodium-ion
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 the recent data release of China Energy Storage Alliance (CNESA).
In China, generation-side and grid-side energy storage dominate, making up 97% of newly deployed energy storage capacity in 2023. In China, generation-side and grid-side energy storage dominate, making up 97% of newly deployed energy storage capacity in 2023. 2023 was a breakthrough year for industrial and commercial energy storage in China.