Energy Storage News•10 days ago
Global BESS installs hit 14GWh in November, including 1GWh sodium-ion project; China slows
Key Takeaway
The global BESS market is expanding with new technologies like sodium-ion gaining traction, but a slowdown in China could rebalance supply and demand, impacting procurement strategies for developers and large loads.
AI Summary
- •Global grid-scale BESS installations reached 4.9GW/14GWh last month, demonstrating continued significant market activity.
- •A notable 1GWh sodium-ion BESS project entered commercial operations, highlighting the increasing diversification and commercial viability of non-lithium battery chemistries.
- •Overall global installations saw a 29% year-on-year decline, primarily driven by a slowdown in China, which could impact global supply chain availability and pricing for developers and large power consumers.
Topics
oemstorage