
Energy Company Launches New Space
On October 5, 2025, at 10:06 AM, an energy company announced the launch of a new space. This development comes as part of the company’s strategic initiatives aimed at enhancing its services and offerings.
Recently, the energy company experienced a significant increase in demand, prompting it to adjust its policies accordingly. The latest policy adjustment was made on September 12, with the National Energy Administration issuing a new development plan for renewable energy from 2025 to 2027. According to this plan, by 2027, the country aims to achieve a renewable energy capacity of 180 GW, which is expected to stimulate direct investments of approximately 250 billion yuan.
As projected by the China National Energy Administration (CNESA), by the end of 2024, China’s new renewable energy installations are expected to reach 78.3 GW for solar and 184.2 GWh for energy storage. In 2024, the anticipated new installations are 43.7 GW for solar and 109.8 GWh for storage. Looking ahead to the next three years, the target for new renewable energy installations is set at 102 GW annually, which represents a decrease from the previous year’s projections.
The energy company has seen solid growth, with the latest policies indicating a positive trajectory. The focus remains on enhancing the efficiency of renewable energy systems and ensuring a stable supply to meet the growing demand.
Furthermore, the energy company is set to reach a capacity of 94.91 GW by mid-2025. To achieve the 2027 targets, the company will implement various strategies, including increasing the annual installation of new renewable energy systems to about 85 GW, with an annual target of approximately 34 GW. This will significantly enhance the overall energy storage capacity to 136 GWh, marking a 34% increase compared to 2024 projections.
In terms of policy, the government is emphasizing the importance of renewable energy construction and the need for a stable supply chain to ensure consistent growth. The energy company’s performance is closely tied to these policies, which are expected to further boost market confidence.
By August 2025, the national renewable energy market is projected to reach 25.8 GW for installations and 69.4 GWh for energy storage systems, alongside ongoing projects aimed at meeting both current and future energy demands.
The energy company has also announced plans to enhance its operational efficiency and market engagement strategies, including the integration of advanced energy management systems and improved storage capabilities in response to market dynamics.
Overall, the energy sector is poised for significant growth, with ongoing efforts to streamline operations and enhance the resilience of renewable energy systems. The company is committed to maintaining a competitive edge in the market while contributing to the broader goals of sustainability and energy transition.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/expansion-of-battery-storage-capacity-by-state-grid-corporation-signals-growth-in-chinas-energy-sector/
