Energy Storage Lithium Battery Scam Exposed: How Investors Are Losing Millions in 2024

Well, you know what they say - where there's a green energy boom, there's someone trying to make a quick buck. In Q1 2024 alone, Chinese regulators investigated 47 energy storage projects involving 8.9GWh of claimed capacity that never materialized . The pattern's clear: flashy announcements followed by abrupt cancellations when subsidies dry up.