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Recently, China Power Construction Group officially signed the EPC contract for the 2.1GW + 7.75GWh RTC solar-plus-storage project in Abu Dhabi, United Arab Emirates (UAE), with a contract value of approximately RMB 13.962 billion. As one of the largest integrated solar-plus-storage projects in the Middle East and even the world, the signing of the contract marks the project’s transition into the full implementation phase, which is projected to be delivered in 2027.
Recently, China has achieved a major breakthrough in the research and development of compressed air energy storage(CAES) technology . Developed jointly by the Institute of Engineering Thermophysics, Chinese Academy of Sciences(IET, CAS) and ZHONG-CHU-GUO-NENG(BEIJING)TECHNOLOGY CO.,LTD., the world’s first CAES compressor with the largest single unit power has successfully passed the third-party testing accredited by CNAS. According to the test results, the compressor achieved maximum discharge pressure of 10.1MPa, a maximum power output of 101MW and an operating range of 38.7% to 118.4% under variable conditions and an efficiency of 88.1% at maximum discharge pressure, reaching an internationally leading level.
On January 8, 2026, a 500MWh standalone Battery Energy Storage System(BESS) project located at Maritsa East 3 in Bulgaria was officially commissioned. The project was the jointly developed by BYD Energy Storage and ContourGlobal under their strategic collaboration which is one of the largest standalone energy storage projects in East Europe.
Recently, Tianneng Group signed a strategic agreement with NASDAQ-listed company VCIG Group. The two parties will build a 1GWh AIDC solar energy storage power station in Malacca, Malaysia. The project aims to address the high-energy-consumption challenge of AIDC and will be developed under an “EPC+F” model.
On January 16th, Cornex New Energy signed a strategic cooperation agreement with Egypt-based partners WeaCan and Kemet.
The agreement was signed by Dai Deming, chairman of Cornex New Energy and Ahmed Salaheldin Abdelwahab Elabd, Chiarman of the Board of Kemet. The signing ceremony was witnessed by Moustafa Kamal Esmat Mahmoud, minister of Egypt’s Ministry of Electricity and Renewable Energy, along with other government officials and senior executives from relevent enterprises.
