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According to a research report by CITIC Construction Investment, the anticipated growth rate for newly installed domestic energy storage systems is projected to double in the coming year. This optimistic outlook is attributed to several key factors: a noticeable upward trend in the bidding market, heightened investment activity from social capital, and enhanced economic feasibility, which have collectively transformed several provinces into attractive investment destinations.
Propelled by a surge in robust demand, the total anticipated demand for lithium batteries next year is expected to surpass 2,700 GWh, marking a year-on-year growth rate in excess of 30%. Consequently, multiple segments within the industrial chain are likely to encounter supply shortages.
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