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China may tighten approval of new energy storage capacity in response to oversupply - report
China has temporarily paused approvals for new energy storage capacity as the industry faces a growing risk of oversupply following a rapid expansion in battery cell production plans, Chinese financial news outlet Cailianshe reported, citing unnamed industry insiders.
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oilprice.com
China Halts New Battery Storage Plant Approvals | OilPrice.com
China has paused approvals for new battery storage plants as Beijing moves to rein in overcapacity across its energy transition industries.
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caixinglobal.com
China Pauses New Battery Projects Pending Capacity Review
Authorities have suspended approvals and construction for new power and energy-storage battery projects while regulators assess utilization rates and prepare an industry…
