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China has launched the world's largest compressed air energy storage facility in Jiangsu, developed by Harbin Electric Corporation. With two 300-megawatt units and a total capacity of 2,400 megawatt-hours, the facility aims to generate 792 million kilowatt-hours annually, serving 600,000 households while significantly reducing coal consumption and carbon emissions. This initiative aligns with China's target of achieving over 180 gigawatts of energy storage capacity by 2027.