The U.S. has imposed steep tariffs on Chinese battery energy storage systems. Overproduction and a brutal domestic price war have slashed profits and forced major cutbacks in expansion. Despite ...
China’s electrochemical energy storage industry saw explosive growth in 2024, with total installed capacity more than doubling year-on-year, according to a report released by the China Electricity ...
BEIJING, July 5 (Reuters) - Rows of what look like thin, white shipping containers are lined up on a barren dirt field in China's Shandong province. Filled with batteries, they form a 795 megawatt (MW ...
In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage mandate, which has ...
BEIJING, Nov 27 (Reuters) - PetroChina (601857.SS), opens new tab, and state-owned China Oil and Gas Pipeline Network Corp. (PipeChina) established two gas storage companies this week in China, the ...