Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
    • XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
    • Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
    • Naira Touches N1,395 to US Dollar as FX Order Book Surges
    • Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
    • Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
    • FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
    • XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » China’s Energy Storage Capacity Expands in Q1 to Support Low-Carbon Goal

    China’s Energy Storage Capacity Expands in Q1 to Support Low-Carbon Goal

    Marketforces AfricaBy Marketforces AfricaApril 29, 2024 News No Comments2 Mins Read
    China’s Energy Storage Capacity Expands in Q1 to Support Low-Carbon Goal
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    China’s Energy Storage Capacity Expands in Q1 to Support Low-Carbon Goal

    China’s energy storage capacity has further expanded in the first quarter amid the country’s efforts to advance its green energy transition.

    By the end of March, China’s installed new-type energy storage capacity had reached 35.3 gigawatts.

    It soared 2.1 times over the figure achieved during the same period in 2023, the National Energy Administration (NEA) said on Monday.

    Bian Guangqi, an NEA official, at a press briefing, in a breakdown said that the North-Weestern parts of the country have seen the fastest development of the new-type energy storage facilities.

    Guangqi said that 10.3 gigawatts of such capacity had been installed and put into operation accounting for 29.2 per cent of the country’s total.

    At the beginning of 2024, the NEA  released a list of 56 new-type energy storage pilot demonstration projects, including 17 lithium-ion battery projects and 11 compressed air energy storage projects, among others.

    ”Some of these projects have been connected to the grid, effectively promoting the application of new technologies.

    ”The NEA will continue to encourage technological innovation to support the development of the new-type energy system,’’ Bian said.

    Naira Steadies as Banks Issue Update on FX Purchase

    Central Bank of Nigeria Investors Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115

    Add A Comment

    Comments are closed.

    Editors Picks

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    October 24, 2026

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    October 24, 2026
    Latest Posts

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    October 24, 2026

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    October 24, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.