China is looking to almost double its so-called new energy storage capacity to 180 gigawatts (GW) by 2027, according to an industry plan announced by authorities on Friday.
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Ahead and heading into a new era for new energy, it is expected that China''s energy storage capacity and its BESS capacity in particular will grow at a CAGR rate of 44% between 2023 and 2027.
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China, which already boasts the world''s largest energy-storage capacity, is set to nearly double that level by 2027, with an anticipated investment of 250 billion yuan (US$35 billion), according to Beijing''s
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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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Renewables and energy storage drive China''s power system growth Renewables and energy storage in China delivered another historic milestone in 2025. Fueled by the rush to secure the final feed-in tariff
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Nearly 44 gigawatts of new energy-storage system capacity was installed in 2024, reported the China Energy Storage Alliance. As such, the installed capacity of new systems overtook PSH for the first
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China''s energy storage capacity grew 54% to 213.3 GW in 2025, with new-type systems like LFP batteries making up 67.9% of the total, according to the latest CNESA annual data report.
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Independent and shared storage facilities now make up 46% of total capacity, while co-located storage with renewable energy accounts for 42%. Operational efficiency also improved significantly in 2024,
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The policy and regulatory roadmap is aimed at pushing China''s installed base of large-scale energy storage – primarily lithium-ion battery energy storage systems (BESS) – to 180GW by the end of 2027.
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1 China has a goal to install 180 gigawatts of battery energy storage systems by the end of 2027, with a direct project investment of $35.2 billion.
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