GOVERNMENT INCENTIVES COVERING 15 30 OF INSTALLATION COSTS
Power storage 30 million kilowatts
Liu Yafang, Deputy Director of the Science and Technology Department of the National Energy Administration, said that it is expected that by the end of 2025, the installed capacity of new energy storage in the power system will reach more than 30 million kilowatts, with an average annual growth of more than 50%, effectively supporting the construction of a clean, low-carbon, safe and efficient energy system. [pdf]
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