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Sep 23, 2014

signumBOX At the Moment, issue 111 - August 16th - August 30th

In this edition of the signumBOX At the Moment report we would like to highlight the announcement made by Samsung SDI regarding the development of the Energy Storage System (ESS) market in China. According to Samsung, in 2013 the global market demand for ESS adopting Li-ion batteries reached 700MWh, from which China took more than 20% (150MWh). The ESS demand in China is expected to continue growing reaching 2,250 MWh in 2020, of which ESS for power supply would take over 60%.

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