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The National New Energy Storage Innovation Center was established in Guangzhou. Guangzhou regards the new energy storage industry as an important part of the construction of a new energy system. In 2023, Guangdong will add 89,160 kilowatts of newenergy storage capacity. The cumulative installed capacity of new energystorage reached 160. million kilowatt in 2012. The total installed capacity is three times that of new capacity is installed in China's new storage industry in 2023. In 2012, China installed 3 times the installed capacity in new storage than in 2000.