Energy Storage Company Launches New Space | Industry Report
New Wave Finance | October 5, 2025 | 10:06 AM
The energy storage sector is experiencing significant changes. Recently, a leading energy storage company has announced the launch of a new space dedicated to expanding its operations. This initiative comes as the company faces fluctuating demand and a shift in government policies that are expected to bolster its growth.
As per the latest government policies, the energy storage capacity in China is projected to reach 1.8 trillion yuan (180GW) by 2027. This will be driven by a series of projects directly linked to a funding target of 2.5 trillion yuan. According to the China Energy Storage Alliance (CNESA), as of the end of 2024, China’s cumulative energy storage capacity stands at 78.3GW/184.2GWh, with 43.7GW/109.8GWh expected in 2024 alone.
Future targets indicate an energy storage capacity of 102GW by the end of the next three years, with a yearly increase of 34GW. This is a slight decrease compared to the 44GW anticipated for 2024, but analysts believe that the targets will likely be exceeded considering the current momentum.
The new space is expected to support the company’s initiatives in enhancing energy storage systems within the power grid. This will elevate the level of energy storage deployment and encourage more substantial participation in market mechanisms. The company anticipates that by mid-2025, its energy storage capacity will reach 94.91GW.
To realize these ambitious goals by 2027, it is crucial to align energy storage regulations with market demands. The expected capacity in 2025 is projected to be around 85GW, while the annual capacity is predicted to reach 34GW, which represents a 34% increase compared to the 101GWh expected in 2024.
Additionally, policy support is crucial for advancing energy storage projects. The recent government directives emphasize the importance of energy storage solutions in the energy transition, and the focus is on achieving considerable reductions in costs and improving efficiency.
Furthermore, a comprehensive approach is needed to promote energy storage technologies and their integration into the electricity system. This involves government support along with collaboration with industry stakeholders to create a vibrant market for energy storage solutions.
As the energy storage market continues to expand, the company is poised to enhance its influence, ensuring a competitive edge in the rapidly evolving landscape of renewable energy.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/expansion-of-chinas-energy-storage-market-set-for-2025-with-new-policies-and-investment-plans/
