In April, the Chinese domestic policy issued a plan for 2025 that new energy storage system will be installed more than 30GW. On October 26th the State Council issued the Carbon Peak Action Plan by 2030, which sets out the main objectives of increasing the proportion of non-fossil energy consumption, improving energy efficiency and reducing the level of carbon dioxide emissions. By 2025, non-fossil energy consumption will reach about 20%, energy consumption per unit of GDP will be 13.5% lower than in 2020, and CO2 emissions per unit of GDP will be 18% lower than in 2020. By 2030, the proportion of non-fossil energy consumption will reach about 25%, and CO2 emissions per unit of GDP will be more than 65% lower than in 2005, successfully achieving the carbon peak target by 2030. Under the adjustment of energy structure, the market demand for energy storage will be further expanded.
It is no doubt that all the energy cost is still raising in the world.More and more people decided to use the renewable energy,too many solar farms were installed in the last 13 years,most of the the solar systems were Grid Connected,but the question is how many solar systems can be grid connected in the future? There are many countries did not accept the grid connected system again due to the pressure of their grid,they encourage people to consume the solar energy directly without grid connected.More and more countries will follow this in the future.So we believe that the storage solar system will be with explosive growth in the next 10-20 years.
Are you ready for this?