Core Viewpoint - The "Green Book on Energy Storage: Industrial and Commercial Energy Storage Industry Resource Research Report 2024-2025" was officially released, highlighting the trends and applications in the industrial and commercial energy storage sector [1][2]. Group 1: Report Overview - The report was co-authored by Hangjia Energy Storage and Hangjia Research Center, with contributions from 14 major industry players, including Trina Solar and Envision Energy [2]. - The report provides a comprehensive overview of the industrial and commercial energy storage market, including policy analysis, key markets, regions, manufacturers, projects, and user demands, structured into nine systematic chapters with over a hundred core data points and visual content [3]. Group 2: Market Growth Projections - Global industrial and commercial energy storage installations are projected to reach 4.4 GW/10.9 GWh in 2024, representing a year-on-year growth of 44.56%, with expectations of 6.1 GW/15.26 GWh in 2025, indicating a growth rate of 40% [4]. - In China, the expected new installations for industrial and commercial energy storage in 2024 are 7.5 GWh, reflecting a year-on-year increase of 53.06% [4]. Group 3: Project and Pricing Insights - In 2024, there will be a total of 10,667 user-side energy storage projects in China, primarily industrial and commercial, with a total capacity of 27.026 GW/54.461 GWh, accounting for over 85% of the total [5]. - The number of grid-connected industrial and commercial energy storage projects in China is expected to reach 538, with a total capacity of 2.375 GW/6.26 GWh [6]. - The industry is transitioning from rapid growth to professional development, with companies focusing on cost reduction through technology, safety improvements, and AI data integration [7]. - The average price of energy storage systems is projected to decrease from 0.7 CNY/Wh in the second half of 2024 to 0.6 CNY/Wh in 2025, with the lowest prices potentially falling below 0.5 CNY/Wh [7].