BUSINESSJun 21 · 07:00 UTCSCMP WORLDThemis Qi

Energy security fears drive global surge in orders for Chinese storage firms

Energy security concerns are driving a surge in global orders for Chinese energy storage companies, with over 25 gigawatt-hours of capacity planned for the US and Europe. The demand is linked to supply chain disruptions from Middle Eastern conflicts and the need to modernize aging energy grids in developed markets.

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ChinaplaceUnited StatesplaceEuropean countriesplaceMiddle Eastern conflictstopicMatty ZhaopersonBofA Global Researchorganizationenergy storagetopicoil and gas supply chainstopic

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