Energy Storage Container Transaction Prices: Current Trends, Market Forces, and Future Projections
In Q3 2024, China's energy storage sector witnessed a seismic shift—transaction prices for 2-hour lithium iron phosphate (LFP) storage systems hit a record low of 0.58元/Wh, marking a 42% year-over-year decline . This price erosion raises critical questions: What's driving this race to the bottom, and when will the market stabilize?
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