Recently, the China Industrial Association of Power Sources Energy Storage Application Branch released the “2019 Energy Storage Industry Application Research Report”. Narada’ s installed capacity and power scale ranked first in China’s new electrochemical energy storage projects in 2018.
The white paper not only analyzes the pattern and situation of the domestic and international energy storage market of 2018, but also publishes the ranking of China’s newly-invested electrochemical energy storage of 2018.
As it can be seen from the rankings, Narada has taken the leading in terms of new installed capacity and power scale, ranking first in the two rankings.
2018 has become a crucial year for China’s energy storage development. The energy storage market of China has achieved another round of rapid growth. The cumulative installed capacity of electrochemical energy storage has exceeded GW. The proportion of energy storage in the grid side and auxiliary service market has increased significantly, and energy storage applications have been fully rolled out in various fields.
Since 2016, the company has actively explored and promoted the commercialization of energy storage. Based on the economy of lead-carbon batteries, it has developed a domestic FM-based market for domestic users and overseas power. Based on lithium battery system integration technology, it has expanded its energy storage applications on the grid side.
The well-tested Narada’s energy storage system technology has entered a mature application stage.
Based on the closed loop of the existing industry, Narada will continue to iterate system solutions, expand cost advantages, and contribute wisdom and strength to the exploration of energy storage commercialization and service to the global integrated energy market.