Global Solar + Energy Storage Congress & Expo 2018

China has more than doubled its end-of-decade solar power target, with new installations dramatically outstripping expectation. The National Energy Administration (NEA) responded by setting new, ambitious annual installation targets. These targets would take capacity to 213GW in 2020 - which is five times larger than current capacity of the United States. 

The largest energy storage market in the East Asia & Pacific region will be China. The state-owned State Grid Corporation of China-the world's largest utility-has already been deploying ESSs to provide various services throughout its grid. Furthermore China is in the process of reforming its energy markets to allow non-state owned power providers to enter the market, opening opportunities for IPPs to provide ancillary and capacity services with ESSs