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Energy storage wire and cable is about to usher in explosive development, the growth space in the next 5 years will be more than 10 times!

  • Categories:News
  • Author:ELETECK
  • Origin:Huizhou ELETECK Wire&Cable Co., Ltd.
  • Time of issue:2021-08-02
  • Views:0

Energy storage wire and cable is about to usher in explosive development, the growth space in the next 5 years will be more than 10 times!

Energy storage wire and cable is about to usher in explosive development, the growth space in the next 5 years will be more than 10 times!

By the end of 2020, China's total installed capacity of lithium battery energy storage power plants was 29,000kW. On April 21, 2021, China's National Development and Reform Commission, the national energy bureau issued "about to speed up the guidance to promote the development of new energy storage (draft)" proposed that by 2025, the realization of new type energy storage (new electric energy storage technology of the pumped storage) from the early stages of commercialization of large-scale development, achieve more than 300,000 kW of installed size.

Therefore, if the installed capacity of new energy storage reaches more than 300,000 kW by 2025, the growth space of lithium battery energy storage related industry will be more than 10 times in five years starting from 29,000 kW in 2020!

As an important part of the energy storage system, energy storage wire and cable will also usher in a significant growth. Although the energy storage wire and cable industry is still in its infancy, the energy storage sector is already growing, and the competition between established and emerging companies could be fierce.

Eleteck is committed to be an expert of energy storage cable, which research related products for many years. For more information about energy storage wires and cables, please collect the website www.eleteck.com.cn.