Story perspectives

China Unveils $35 Billion Renewable Energy Storage Strategy

9/13/2025

Summary

China's Renewable Strategy

The 2025 Global Energy Interconnection Conference in Beijing highlighted the importance of international collaboration in renewable energy, with Vice President Han Zheng proposing a new energy security strategy.
China plans to add over 180 million kilowatts of new energy storage capacity by 2027, investing around $35 billion to support its renewable energy systems.
The energy storage action plan includes 21 measures focused on technological innovation, standardization, and international collaboration.
A demonstration in Greece showcased Chinese companies' commitment to safety in renewable energy projects, reflecting successful cooperation in green development.
The plan aims to integrate energy storage into a national electricity market, enhancing transaction models and market mechanisms.

Summary

China's Energy Transition

China is nearing a major energy transition, with renewable energy set to replace traditional sources by 2025.
In 2024, it invested $625 billion in clean energy, contributing $1.9 trillion to its GDP, about 10% of the total.
The country leads global renewable energy production, accounting for over 67% of last year's solar capacity.
Despite this, China faces curtailment issues due to grid management and transmission bottlenecks.
By 2030, China aims for around 2,500 GW of solar capacity, impacting global fossil fuel demand and technology costs.

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China's Renewable Strategy

The 2025 Global Energy Interconnection Conference in Beijing highlighted the importance of international collaboration in renewable energy, with Vice President Han Zheng proposing a new energy security strategy.
China plans to add over 180 million kilowatts of new energy storage capacity by 2027, investing around $35 billion to support its renewable energy systems.
The energy storage action plan includes 21 measures focused on technological innovation, standardization, and international collaboration.
A demonstration in Greece showcased Chinese companies' commitment to safety in renewable energy projects, reflecting successful cooperation in green development.
The plan aims to integrate energy storage into a national electricity market, enhancing transaction models and market mechanisms.

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