Previously, we reported that the United States is witnessing a power storage boom, with a 15-fold increase in utility-scale battery storage capacity since 2020 to nearly 30,000 megawatts (30 GW). Nineteen states have installed at least 100 MW of utility-scale battery storage, driven largely by falling battery costs. However, this surge in battery capacity pales in comparison to China’s hydropower growth. According to the International Hydropower Association, China accounted for nearly 60% of the 24.6 GW in new global hydropower capacity commissioned…
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