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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Under conservative estimates, China will add 30.1GW of new energy storage, primarily lithium ion battery storage, in 2024, down from 34.5GW of new capacity in 2023, according to a China Energy Storage Alliance ( CNESA ) white paper released on Wednesday.

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Velocys Awarded Commercialization Grant for Microchannel Reactor Technology for Hydroprocessing to Upgrade Fischer-Tropsch Fuels and Heavy Petroleum Feedstock

Green Car Congress

Successful commercialization of the hydroprocessing technology will enable better economics for the production of fuels from renewable biomass and biowaste, especially on a distributed small scale, as well as from smaller stranded natural gas reserves. Tags: Biomass-to-Liquids (BTL) Catalysts Fuels Gas-to-Liquids (GTL).

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