4 FAQs about China digs out companies that have developed batteries for solar container communication stations

Should China build a battery-storage system?

(Bloomberg) -- China is rushing to build battery-storage systems to allow electricity grids to cope with rapid increases in intermittent power generation from wind and solar farms. But to truly capitalize on the technology, it needs to ensure they're used more frequently.

Why is energy storage a problem in China?

The big problem is incentives. Most of China's energy storage is developed because of provincial requirements that large wind and solar farms either build or rent storage space in order to get permitted.

Why is energy storage so important in China?

Most of China's energy storage is developed because of provincial requirements that large wind and solar farms either build or rent storage space in order to get permitted. That gives companies a reason to construct systems in order to deliver profitable renewables plants, but little motivation to make sure they're used.

How can China capitalize on new energy storage?

But to truly capitalize on the technology, it needs to ensure they're used more frequently. China's new-energy storage capacity, a segment dominated by lithium-ion batteries, jumped to 44 gigawatts at the end of June, a 40% increase from the start of the year, according to National Energy Administration data.

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