Solar panels arranged to resemble the likeness of a giant panda at the Datong Panda Power Plant in northern China’s Shanxi province on 25 July 2017. Photo: EPA
Climate Change: China to slash costs of energy-storage systems for industry to leapfrog the world by 2030, according to five-year plan
- The production cost of large chemicals-based energy-storage systems will be cut by 30 per cent by 2025, putting the industry on path to leapfrog the world by 2030
- Compressed air energy-storage technology would realise “engineering applications” in units with 100 megawatts of capacity, according to the government’s plan
Solar panels arranged to resemble the likeness of a giant panda at the Datong Panda Power Plant in northern China’s Shanxi province on 25 July 2017. Photo: EPA
