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Domestic energy storage companies accelerate going to sea, facing opportunities and challenges

Recently, domestic energy storage enterprises such as lithium energy and other frequently signed overseas energy storage orders.According to the companys forecast, this years global energy storage demand is expected to reach 189GWh, which is more than 60%.As the demand for overseas energy storage market is growing, domestic energy storage enterprises will face what opportunities and challenges while adding offshore business?

Since this year, a number of major renewable energy projects in China have been strongly advanced, in which energy storage facilities have become an important component of the project.The energy storage industry chain covers the entire link of equipment, installation, operation, mainly including upstream equipment manufacturers, midstream system integration and installation, downstream end customers.

As the energy storage sector continues to heat, global new energy giants are also accelerating the layout of overseas energy storage market, energy storage competition or will intensify.

At the same time as domestic energy storage enterprises are accelerating the pace of departure, or facing a certain challenge. Chinese enterprises need to coordinate with foreign policy layout of departure business, the entire industrial chain of departure will help domestic enterprises to get foreign subsidies, but also consider overseas costs and production capacity issues.

With the significant increase in economic performance, domestic policy support and other factors driven, energy storage installations are expected to meet the global resonance up and up, and China is expected to further open the market space by promoting the process of departure. It is expected that between 2021 and 2025, Chinas energy storage battery shipment CAGR is expected to reach more than 60%. Pacific securities analyst Liu Yang said.

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