About The installed capacity of new energy storage has reached
By the end of 2024, the cumulative installed and operational capacity of new energy storage projects nationwide reached 73.76 GW/168 GWh, approximately 20 times that of the end of the 13th Five-Year Plan and more than 130% higher than at the end of 2023.
By the end of 2024, the cumulative installed and operational capacity of new energy storage projects nationwide reached 73.76 GW/168 GWh, approximately 20 times that of the end of the 13th Five-Year Plan and more than 130% higher than at the end of 2023.
BEIJING, Jan. 24 -- China's new energy storage sector has seen a rapid growth in 2024, with installed capacity surpassing 70 million kilowatts, said an official with the National Energy Administration (NEA). Bian Guangqi, deputy director of the NEA's energy saving and technology equipment.
In 2024, new energy storage continued its rapid development, with installed capacity surpassing 70 GW. By the end of 2024, the cumulative installed and operational capacity of new energy storage projects nationwide reached 73.76 GW/168 GWh, approximately 20 times that of the end of the 13th.
By the end of the first half of 2025, China's new-type energy storage had maintained a stable and rapid growth trajectory. The total installed capacity reached 94.91 GW / 222 GWh, representing a 29% increase compared to the end of 2024. Among regions, Inner Mongolia and Xinjiang each exceeded 10 GW.
Other storage includes compressed air energy storage, flywheel and thermal storage. Hydrogen electrolysers are not included. Global installed energy storage capacity by scenario, 2023 and 2030 - Chart and data by the International Energy Agency.
According to China's National Energy Administration (NEA), by the end of 2024, the total installed capacity of new energy storage projects in China reached 73.76 million kilowatts, representing an increase of over 130 percent compared to the end of 2023. China has emerged as a global leader in new.
As of June 2025, the China Energy Storage Alliance (CNESA) reports that China has amassed approximately 164 GW of total installed energy storage capacity. This includes over 100 GW of new energy storage (excluding pumped hydro), driven by rapidly accelerating deployments and dynamic market shifts.
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