China's installed capacity of new-type energy storage had grown from 3 million kilowatts at the start of the 14th Five-Year Plan period (2021-2025) to 153 million kilowatts by the end of June this year, showing a rapid and leapfrog growth.
By the end of June, China's built and operational new-type energy storage capacity had reached 153 million GW/396 million GWh, up 61 percent year on year.
The utilization of new-type energy storage has also improved steadily, with equivalent utilization hours reaching 611, 911 and 1,195 in 2023, 2024 and 2025, respectively, bringing the system's regulatory role into full play .
"During the 14th Five-Year Plan period, China's installed new-type energy storage capacity grew by more than 40 times, achieving a historic leap from the initial stage of commercialization to large-scale development. During the 15th Five-Year Plan period (2026-2030), the new-type energy storage is expected to maintain a high growth, with an estimated additional installed capacity of about 160 million kilowatts," said Liu Yongdong, deputy secretary-general of the China Electricity Council.
As planned, by 2030, China's new-type energy storage capacity will reach 300 million kilowatts, of which grid-side independent new-type energy storage capable of peak-shaving and supply assurance will reach 140 million kilowatts.
China sees leapfrog growth in installed capacity of new energy storage
The China Mining Conference and Exhibition 2026 wrapped up in Tianjin on Saturday, generating 300 million yuan (about 44.72 million U.S. dollars) in signed deals.
Participants came from 60 countries and international organizations, a record high in the event's 28-year history. For the first time, the conference featured a mining rights trading section, which produced strong results.
During the event, negotiations were conducted on 13 major projects, preliminary cooperation intentions reached on 11 projects, while agreements were signed on 28 projects on site, along with three memorandums of understanding and one cooperation agreement signed.
Themed on "Win-Win Cooperation, Green and Intelligent Development," the event gathered delegations from more than 600 domestic and international companies. Field geological survey equipment and intelligent sampling robots emerged as star attractions among all exhibits, drawing global officials and visitors.
"I think it's something very new and I'm very interested. I wanted to see how they actually do it and wanted to learn from China," said Chin Wei Keh, permanent secretary at Brunei's Ministry of Development.
The conference also drew companies committed to long-term engagement. The was the fifth time for exhibitor Alexander to attend the event, while his company has participated for 20 consecutive years.
"This is the group of us last year. We are very proud to have our clients, our friends. At least half of the booth here are our friends," he said.
Thin's company now has branches in Beijing, Jiangxi and Yunnan of China, and has helped hundreds of Chinese mining firms expand overseas.
Another exhibitor noted that Chinese products have become commonplace in his country's mining sector.
"We have electric trucks in South Africa now, from the Chinese company. It's getting a lot more greener and a lot more smarter. Of course, we will always be open to work with Chinese companies," said Mbulelo Clive Khoza, exhibitor from South Africa.
2026 China mining conference generates 300-mln-yuan deals
