Narada Won the China Energy Storage Industry Grand Slam in 2017

Energy Press Releases Wednesday April 18, 2018 15:33
HANGZHOU, China--18 Apr--PRNewswire/InfoQuest

On April 3, 2018, CNESA (China Energy Storage Alliance) released the "Energy Storage Industry Research White Paper 2018", the installed capacity and energy scale of the projects Narada built ranks in the Top 3 worldwide for the 2017 electrochemical energy storage projects and the power scale ranks in the Top 5 worldwide.

Narada ranked first in terms of installed capacity, power scale and energy scale in the operated energy storage projects added in China in 2017 becoming the leader of electrochemical energy storage technology and system provider.

The White Paper systemized and updated the latest news of the energy storage projects, market, factory owners, technology, and policy worldwide. It also provided a predication of development trends for the domestic and international energy storage markets.

With the development of the global renewable energy industry, the importance of energy storage and energy structure has emerged. The commercialization of energy storage ushered in a broad area for development.

Narada has clarified that the application of electrochemical energy storage was mature in terms of scale, safety, and economy through long-explored and formed mass application. By the end of 2017, the total contracted capacity of Narada's energy storage power station has exceeded 2000MWh, and the scale of operation has exceeded 300MWh, which makes Narada one of the leading suppliers of energy storage systems in the world.

In the past two years, Narada has led the revolution of commercial energy storage and driven China to become one of the most active countries in the energy storage industry.

The investment of energy storage industry is expected to reach trillions of yuan in the next decade, which makes the energy storage industry an expanding industry. And the market growth space will exceed one hundred billion yuan in the next five years.

Based on the existing complete industrial chain, Narada will continue to innovate the existing technology, expand the cost advantage, and promote project expansion more quickly, to become the most promising energy provider.

Web:   en.naradapower.com
Email: intl@narada.biz
Photo - https://photos.prnasia.com/prnh/20180413/2104580-1-a
Caption: 2017 Global Energy Storage Ranking
Photo - https://photos.prnasia.com/prnh/20180413/2104580-1-b
Caption: 2017 China Energy Storage Ranking

Latest Press Release

PTT continues its safety tradition staging the 27th Safety Day at Khonkaen petroleum terminals.

Abiding by quality, safety, occupational health and environment standard in every working process as well as cultivating safety awareness to local community and children. On May 22nd, 2018 at Khonkaen petroleum terminal, Mr. Santi Laoboonsangiem, Vice...

Venture Global LNG enters into LNG Sales and Purchase Agreement with BP for 2 Million Tonnes Per Year

Venture Global Calcasieu Pass, LLC, a subsidiary of Venture Global LNG, Inc., and BP (BP LN) have entered into a 20-year Sales and Purchase Agreement (SPA) for the supply of two million tonnes per annum (MTPA) from the Venture Global Calcasieu Pass LNG...

Trina Solar completes acquisition of Nclave

Trina Solar Limited ("Trina Solar" or the "Company") announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. ("Nclave"), the world's leading solar tracker system manufacturer. This is the first time that a Chinese...

GCL SI to Release New High Efficiency Modules During SNEC

GCL System Integration (GCL SI) (002506.SZ), a subsidiary of the world's leading clean energy conglomerate GCL Group, will bring a variety of new mono and multi high-efficiency modules to the exhibition to the annual SNEC PV Power Expo (SNEC) in Shanghai...

Photo Release: PTT Digital - IBM Thailand sign MOU of Cooperation in technology and innovation development

Mr. Wittawat Svasti-Xuto, Senior Executive Vice President, Innovation and Digital, PTT Public Company Limited and Mrs. Parnsiree Amatayakul, Managing Director, IBM Thailand Co., Ltd. presided over the Memorandum of Understanding on technical research and...

Related Topics