COLD CHAIN GROWTH AND IMPACT ON CHINA''S LOGISTICS

Bess value chain

This is a critical question given the many customer segments that are available, the different business models that exist, and the impending technology shifts. Commercial and industrial (C&I) is the second-largest segment, and the 13 percent CAGR we forecast for it should allow C&I to reach between 52 and 70 GWh in annual. Residential installations—headed for about 20 GWh in 2030—represent the smallest BESS segment. From a technology perspective, the main battery metrics that customers care about are cycle life and affordability.

Photovoltaic growth

From 2016 to 2022, PV has seen an annual capacity and production growth rate of around 26%, doubling approximately every three years. During this period, it evolved from a of small-scale applications to a mainstream electricity source. The was the leader of installed photovoltaics for many years, and its total capacity was 77 in 1996, more than any other country in the world at the time. From the late 1990s, • • • • • denotes the peak power output of power stations in unit watt as convenient, to e. Prices and costs (1977–present)The average dropped drastically for solar cells in the decades leading up to 2017.

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