As reported by Energy Storage News, China plans on building an installed base of large-scale energy storage - primarily lithium-ion battery energy storage systems - to reach 180 gigawatts by the end of 2027, driving $35. 2 billion in direct project investment.
China aims to add more than 100 GW of new energy storage (primarily battery storage, excluding pumped hydro) by 2027, according to a new action plan presented by authorities on Friday.
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NamPower, Namibia's state-owned power utility, has signed a contract with a Chinese joint venture to build the first utility-scale battery energy storage system (BESS) in the country and the Southern African region.
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