Market Report

China energy storage winning bids analysis: H1 2024

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This report analyses the winning bid price trends of energy storage systems and turnkey EPCs in China’s grid-scale and C&I energy storage market in H1 2024. It is based on the prices from all the publicly announced winning bids from January 2023 to May 2024 by different districts, project types and storage duration. It also compares the prices of competing technologies for lithium-ion batteries in China, such as vanadium redox flow batteries and sodium-ion batteries.

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    China energy storage winning bids analysis - H1 2024_PR.pdf

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