Hangzhou Development and Reform Commission releases new energy storage industry development plan

The Hangzhou Municipal Development and Reform Commission recently released a plan to accelerate the development of the new energy storage industry. The plan aims to promote the development of the energy storage industry by strengthening planning guidance, project promotion, and technological innovation. It is expected that by 2025, the installed capacity of new energy storage will reach about 1 million kilowatts, by 2030 it will reach about 1.5 million kilowatts, and by 2035 it will reach about 2 million kilowatts.