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China energy storage market outlook 2019

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China’s energy storage market saw a remarkable rise in deployments in 2018, growing 285% in megawatt-hours terms vs. 2017. The total storage market size grew to 1 GW/2 GWh of deployments as of the end of 2018. At this pace, China’s market installations will grow fivefold over the next five years, reaching 2.9 GW/year and making it the largest storage market in the Asia-Pacific region in 2024. Cumulative installed power capacity in China will surpass 12.5 GW by 2024, accounting for 20% of the global market share.

China Energy Storage Market Outlook 2019 report is a brand new research product that Wood Mackenzie Power & Renewables Research team offers to the susbcribers. This 50+ slide report presents various drivers and barriers for China’s storage market, policy deployments, a storage vendor landscape, business models and revenue streams. The report also provides deep insight into market trends through 2024.

Donwload the report brochure by filling out the form on the right column and get to know the key data points included in the report.

This report also available as part of our Energy Storage Service or can be purchased here at our online store.