The World’s First Super-Stage Zero-Carbon Building Put into Operation in Qingdao

Source: Dazhong Daily

On August 24, the world’s first “super-stage zero-carbon building”—the TELD Headquarter Project—was officially put into use in Qingdao. The building, through multiple innovative technologies, has achieved 100% replacement with green electricity.

The so-called “super-stage” means that the building not only relies on photovoltaic power generation but also integrates various green electricity applications such as cascade utilization of energy storage batteries and discharging of new energy vehicles, thereby building a highly integrated and efficiently coordinated clean energy supply system.

The project started construction in May 2023 and was fully completed in March 2025. It covers an area of 14.33 mu (2.35 acres), with a building area of about 43,000 square meters, and a total height of 117 meters. It integrates multiple independently developed innovative achievements of TGOOD Group, with the integration of the “charging network, microgrid, and storage network” as its core, combined with a virtual power plant and an ultra-fast intelligent parking system, becoming a pioneering demonstration project that integrates green energy self-sufficiency, low-carbon operation, and efficient space utilization.

This building has a height of 117 meters and an average daily electricity consumption of about 6,000 kWh. Its east, west, and south facades adopt building-integrated photovoltaic glass curtain walls, which are like putting a “power-generating coat” on the building. The direct current generated by these curtain walls can be directly used inside the building, avoiding the energy loss in the AC-DC conversion process.

What is even more innovative is the “hidden energy” at the bottom of the building—14 sets of cascade-utilized automotive power battery packs. These batteries complete one charge-discharge cycle daily, not only absorbing the surplus photovoltaic power but also, during off-peak grid periods, storing unused clean electricity at low prices, which is then utilized during peak demand or rainy weather, significantly enhancing the grid’s regulation capability.

The building realizes an average daily green energy storage of 1,500 kWh through cadmium telluride photovoltaic glass curtain walls, providing about 25% green power replacement; meanwhile, relying on the park’s intelligent three-dimensional garage, the system can select 300 electric vehicles daily for discharging, contributing more than 3,000 kWh of green electricity and achieving 50% green power replacement. Through the collaborative operation of “photovoltaics + energy storage + EV charging and discharging,” the project successfully builds a park-level virtual power plant, with multiple functions such as resource aggregation, dispatch response, and auxiliary trading, greatly improving energy utilization efficiency and system flexibility.

The entire building is equipped with nearly 30,000 micro-sensors, creating a perception network covering the entire building, and achieves intelligent operation management of equipment through a digital IoT platform, replacing traditional manual operation and maintenance, with a comprehensive energy-saving rate of 40%. Employees can use seamless interactions—such as automatic elevator use via facial recognition and automatic shutoff of lights and air conditioning when leaving the office—to significantly improve office efficiency and refined energy usage.

The project also introduces an AI-assisted fast three-dimensional parking system, featuring five main characteristics: “good, fast, safe, economical, and intelligent.” It is compatible with multiple vehicle types, enhancing the parking experience; equipped with four-level fire protection and visual monitoring systems to ensure the safety of new energy vehicles; greatly saving underground space as well as construction and operation costs; and achieving seamless charging and system interconnection through “Yuntong” (Cloud Eye) AI technology, promoting the digital upgrade of static transportation.

Yu Dexiang, Chairman of Teld New Energy Co., Ltd., stated that this super-stage zero-carbon building can not only absorb a large amount of green electricity each year, reducing nearly 2,500 tons of carbon emissions, but also, through highly digitalized operation, reduce investment costs by 20%-30%, improve operational efficiency by 30%, and save about 30% of comprehensive energy consumption costs, demonstrating the broad prospects of the deep integration of “new energy + digital technology.” '

(Zhang Xiaofan )

EVE Energy Reports 28.71GWh BESS Shipments and RMB 10.298 Billion Revenue in 2025 H1, Up 32.47% Year-on-Year

On the evening of August 21, EVE Energy released its 2025 semi-annual report. In the first half of the year, the company achieved operating revenue of approximately 28.2 billion RMB, a year-on-year increase of 30.06%; net profit attributable to shareholders of the listed company was 1.605 billion RMB, a year-on-year decrease of 24.9%; net profit attributable to shareholders of the listed company excluding non-recurring items was 1.157 billion RMB, a year-on-year decrease of 22.82%.

By main business:

l  Power battery revenue was 12.748 billion RMB, a year-on-year increase of 41.75%, with a gross margin of 17.60%, and gross margin increased by 6.92% year-on-year;

l  Energy storage battery revenue was 10.298 billion RMB, a year-on-year increase of 32.47%, with a gross margin of 12.03%, and gross margin decreased by 2.32% year-on-year;

In terms of shipment volume, during the reporting period, power battery shipments reached 21.48GWh, a year-on-year increase of 58.58%; energy storage battery shipments reached 28.71GWh, a year-on-year increase of 37.02%.

By region:

l  Domestic revenue was 21.2 billion RMB, a year-on-year increase of 30.73%, with a gross margin of 15.88%, and gross margin increased by 1.64% year-on-year;

l  Overseas revenue was 6.969 billion RMB, a year-on-year increase of 28.05%, with a gross margin of 21.71%, and gross margin decreased by 0.02% year-on-year;

Strong installation demand both domestically and overseas drove rapid growth in energy storage battery shipments. Against the backdrop of the global transition to a low-carbon economy, policies and incentive measures such as China’s “Dual Carbon” strategy and the EU’s “Green Deal” have promoted the deployment of energy storage systems in multiple fields, expanded the market, and consolidated the dominant position of lithium-ion batteries in the energy storage industry.

In the first half of 2025, global energy storage demand grew rapidly, and the market showed a dual driving pattern of “quality improvement in core markets and volume release in emerging regions.”

In China, according to CNESA data, from January to June, newly installed capacity of new energy storage reached 42.61GWh, a year-on-year increase of 27.5%, mainly driven by the full entry of new energy into the market and the May 31 grid-connection node. As China, the world’s largest energy storage market, enters a new stage of value creation, companies with high-quality production capacity and products will have greater competitiveness and occupy a larger market share.

In addition, overseas market demand remained strong, showing a diversified growth pattern. The U.S. energy storage market demand remained strong, with total installed energy storage capacity for the year expected to reach 49GWh. The European market promoted energy storage development through subsidies, further increasing overall energy storage demand. Large-capacity tender projects in emerging markets such as Asia and the Middle East continued to be launched, driving explosive demand growth in the energy storage industry.

The company adheres to creating benefits and value for customers, reaching strategic cooperation with leading energy enterprises at home and abroad, accelerating the implementation of innovative technologies and global market expansion. Against the background of technological innovation and power market reform, the energy storage industry will shift from “scale expansion” to “value creation.” With the application of 500Ah+ ultra-large cells, the integration level of a new generation of 6MWh+ energy storage systems will be significantly improved. Combined with intelligent power trading decisions, greater economic value will be created for energy storage, and high-quality, safe energy storage products will capture more market share. The company empowers innovation, taking the lead in mass production of 600Ah+ cells, and drives energy storage value enhancement through full-scenario solutions.

Energy Storage Power Station Asset Economics Significantly Improved! HyperStrong Takes the Lead in Deploying “Energy Storage + Finance”

By: HyperStrong

On August 20, Beijing HyperStrong Technology Co., Ltd. (hereinafter referred to as “HyperStrong”) officially signed a cooperation agreement with China CITIC Bank Corporation Limited Beijing Branch (hereinafter referred to as “CITIC Bank”) and CITIC Financial Leasing Co., Ltd. (hereinafter referred to as “CITIC Leasing”). In the future, the three parties will carry out comprehensive cooperation in the field of “Energy Storage + Finance.

Zhang Jianhui, Founder, Chairman, and Chief Executive Officer of HyperStrong, He Jinsong, Member of the Party Committee, Vice President of CITIC Bank and Secretary of the Party Committee and President of Beijing Branch, Li Gang, Secretary of the Party Committee and Chairman of CITIC Leasing, and other leaders jointly attended the signing ceremony and witnessed the launch of this important cooperation. Gao Shuqing, Board Secretary and Chief Financial Officer of HyperStrong, Jing Long, Member of the Party Committee and Vice President of CITIC Bank Beijing Branch, and Li Ying, Vice President and Chief Financial Officer of CITIC Leasing, signed the cooperation agreement on behalf of the three parties.

Against the backdrop of the in-depth advancement of China’s “dual carbon” goals and the implementation of Document No. 136, the energy storage industry is shifting from policy-driven to market-oriented. With the reduction of energy storage power station construction costs, coupled with the opening of the electricity spot market and the improvement of supporting policies, the asset economics of energy storage power stations have been significantly enhanced, creating new opportunities for deep participation of financial capital.

In this cooperation, the three parties will rely on their respective resource endowments to deepen cooperation in areas such as integrated financial services, financial leasing business, operating leasing business, and financing credit. They will explore the value synergy between green finance and the energy storage industry, jointly creating a new benchmark for the integration of industry and finance.

At the signing ceremony, Zhang Jianhui, Founder, Chairman, and Chief Executive Officer of HyperStrong, stated that HyperStrong will join hands with CITIC Bank and CITIC Leasing to leverage their respective advantages in the industrial side, technical side, financial innovation tools, financing leasing, and capital raising, jointly building a financing model of “Energy Storage Assets + Professional Operation + Integrated Financial Solutions,” and exploring new paths for financial innovation in the energy storage industry.

Australia Launches $500 Million Battery Breakthrough Initiative

The programme will remain open until the AU$500 million allocation is fully committed or until the government determines a closure date. Image: ARENA.

Australia has formally launched its AU$500 million Battery Breakthrough Initiative (BBI), a cornerstone policy designed to strengthen the country’s role in the global battery industry. According to the Australian Renewable Energy Agency (ARENA), which is administering the programme alongside the Department of Industry, Science and Resources, the BBI will provide grants and production incentives to domestic businesses to close critical gaps in local manufacturing capacity. First announced in the May 2024 Federal Budget and shaped by industry consultation, the initiative forms part of the Albanese government’s AU$22.7 billion “Future Made in Australia” agenda, which aims to reindustrialise the economy with a focus on clean technologies including batteries, solar PV, hydrogen, and electric vehicles. Federal industry minister Tim Ayers said during the launch that batteries are central to the clean energy transition and that Australia’s combination of raw materials, research expertise, and industrial base positions it to benefit from surging global demand.

The programme targets three priority segments of the battery supply chain: advanced materials processing, battery cell production, and battery pack assembly. For materials, funding will support projects using Australia’s rich reserves of lithium, nickel, cobalt, and graphite. For cell production, the initiative is designed to help transform Australia from a supplier of raw components into a producer of finished cells. Finally, support for pack assembly is expected to serve both domestic storage needs and export markets. ARENA will distribute funds through mechanisms such as capital grants for infrastructure, production incentives for operations, and streamlined approvals for projects seeking AU$50 million or less, enabling faster progress for mid-sized ventures.

To qualify, projects must meet a Technology Readiness Level of six or higher, ensuring only commercially viable technologies are considered. The programme will remain open until all funding is allocated or the government sets a closure date.

Breaking Through into the Post-Mandatory Energy Storage Era! The 10th Western China Energy Storage Forum Successfully Held in Inner Mongolia

After the cancellation of mandatory energy storage requirements under “Document No. 136,” how will new energy and energy storage achieve coordinated development? How will the value of energy storage be reconstructed? At the 10th Western China Energy Storage Forum, over 500 representatives from government, grid companies, research institutes, and industry chain enterprises engaged in in-depth discussions on these questions.

On August 19–20, 2025, the 10th Western China Energy Storage Forum was successfully held in Hohhot, Inner Mongolia. The forum was hosted by the China Energy Research Society, China Energy Storage Alliance (CNESA), New Energy Storage Innovation Consortium of Central SOEs, Inner Mongolia Energy Storage Promotion Association, and Hohhot Industrial Innovation Research Institute, and co-hosted by CRRC Zhuzhou Institute, HyperStrong, and Kehua Digital Energy Tech Co., Ltd. The theme of the forum was “Market-Driven, Ecology-Enabled: Energy Storage Driving the Construction of a Green Energy System in Western China.” The opening ceremony and main forum were chaired by Xia Qing, Deputy Director of the Energy Storage Committee of the China Energy Research Society and Professor at Tsinghua University.

Xia Qing, Deputy Director of the Energy Storage Committee of the China Energy Research Society, Professor at Tsinghua University

Industry Leaders Gathered from Government, Industry, Academia, and Research

Shi Yubo, Chairman of the China Energy Research Society (online); Xu Ziming, Director of the Energy Efficiency and Energy Storage Division, Energy Conservation and Technological

Equipment Department, National Energy Administration; Ouyang Minggao, Academician of the Chinese Academy of Sciences and Professor at Tsinghua University; Haisheng Chen, Director of the Institute of Engineering Thermophysics, Chinese Academy of Sciences, Chairman of the Energy Storage Committee of the China Energy Research Society, and Chairman of the China Energy Storage Alliance; Wang Lixin, Deputy General Manager of Inner Mongolia Electric Power (Group) Co., Ltd.; Liu Guogang, Chairman and Party Secretary of China Southern Power Grid Energy Storage Co., Ltd.; Cai Changqing, Chairman of Inner Mongolia Beichen Think Tank Research Center; Cao Bin, Chairman of Inner Mongolia Daqingshan Laboratory Co., Ltd.; and Zheng Lina, Chairman of the Inner Mongolia Energy Storage Promotion Association.

Also, experts from the Energy Storage Committee of the China Energy Research Society: Zheng Yaodong, Honorary Director of the Major Energy Storage and New Energy Research Team of China Southern Power Grid; Pei Zheyi, Former Deputy Chief Engineer of the State Grid Dispatching and Control Center; Lai Xiaokang, Senior Expert at China Electric Power Research Institute; and Yue Jianhua, Former Deputy Chief Engineer of Inner Mongolia Electric Power (Group) and State Council Special Allowance Expert.

Meanwhile, Alliance Vice Chairmen: Yu Zhenhua, Executive Vice Chairman of China Energy Storage Alliance; Cui Jian, President of Kehua Digital Energy Tech Co., Ltd.; Liu Mingyi, Head of the Energy Storage Division at Huaneng Clean Energy Research Institute; and Wang Xiaoli, General Manager of Rongke Power, were present in support.

Authoritative Voices: Rigid Demand and Policy Directions for New Energy Storage

Shi Yubo, Chairman of the China Energy Research Society

Shi Yubo, Chairman of the China Energy Research Society, pointed out in his speech that the western region is a national energy strategic base. With more than 80% of wind and solar resources and vast land, it provides unique scenarios for the large-scale application of new energy storage. Currently, western energy storage policies are being intensively introduced, but development still faces challenges such as an imperfect power market mechanism, technological bottlenecks, and an underdeveloped standards system. To promote high-quality development, it is necessary to strengthen the dual drive of policy and market, accelerate the construction of spot markets, and expand ancillary service categories; emphasize both technological breakthroughs and scenario innovation, promoting demonstration applications in desert bases and zero-carbon parks; while at the same time building solid safety standards and risk prevention systems, and strengthening the intelligent operation and maintenance capacity of energy storage power stations. Energy storage is a key support for the energy revolution. It is necessary to pool the strength of industry, academia, research, and application, to provide a western model for the new energy system and contribute China’s solution.

Xu Ziming, Director of the Energy Efficiency and Energy Storage Division, Energy Conservation and Technological Equipment Department, National Energy Administration

Xu Ziming, Director of the Energy Efficiency and Energy Storage Division, Energy Conservation and Technological Equipment Department, National Energy Administration, pointed out in his speech that since the “14th Five-Year Plan,” new energy storage in China has experienced rapid development. Looking toward the “15th Five-Year Plan,” three key tasks will be emphasized: strengthening top-level design, preparing the “15th Five-Year Plan” implementation scheme for new energy storage, and promoting diverse applications in large-scale renewable energy bases, grid-replacement storage, zero-carbon parks, and green power direct connections; improving market mechanisms for new energy storage participation, accelerating comprehensive participation of energy storage in various market transactions, fully leveraging its multiple functions, and raising utilization levels; and promoting high-quality development of new energy storage, shifting from “competing on price” to “competing on value.” The construction of a new-type power system has rigid demand for new energy storage. Industry peers must strengthen confidence in development and strive to achieve the “three orientations.” Facing the frontiers of science and technology, actively carry out technological innovation in new energy storage; facing system requirements, guide industry development based on new-type power system construction needs; facing market mechanisms, proactively adapt to the development of new energy storage in the power market environment.

Technical Foresight: Academician Outlines Diversified Energy Storage Technology Roadmap

Ouyang Minggao, Academician of the Chinese Academy of Sciences, Professor at Tsinghua University

Ouyang Minggao, Academician of the Chinese Academy of Sciences and Professor at Tsinghua University, pointed out in his report that with the rapid rise of the share of renewable energy generation, the power system faces severe challenges, urgently requiring energy storage technologies to address the shortage of flexible resources. He proposed three major directions: Battery Energy Storage System (BESS): Lithium-ion batteries remain mainstream, and breakthroughs in safety are needed under the trend of large capacity and long lifespan. Smart batteries (chip + AI monitoring) and solid-state batteries can achieve breakthroughs, with the goal of reducing the cost of stored electricity to 0.1 RMB/Wh; V2G Energy Storage: The rapid growth of electric vehicles will drive the upgrade of charging modes, developing from disorderly charging to vehicle-to-grid interaction. Electric vehicles can participate in grid peak shaving when parked, realizing “valley charging and peak discharging”; Green Hydrogen Energy Storage: Wind and solar-based hydrogen production enables long-duration storage, with integrated heat recovery raising overall energy efficiency to 80%. Academician Ouyang emphasized that energy storage technology requires cross-disciplinary innovation integrating chemical engineering, electrical engineering, and thermal engineering, to promote multi-energy coupling of renewable energy systems and build a zero-carbon energy system ecosystem.

Power Grid Enterprises: From Large-Scale Construction to Efficient Operation

Wang Lixin, Deputy General Manager of Inner Mongolia Electric Power Group

Wang Lixin, Deputy General Manager of Inner Mongolia Electric Power Group, pointed out in his report “Practical Breakthroughs and Future Prospects of Energy Storage Development in Inner Mongolia” that Inner Mongolia was the first in the country to introduce a ten-year long-term compensation mechanism, pioneering independent energy storage capacity compensation, providing an important guarantee for stable project revenue. In 2024, the power group took the lead in launching the construction of 600 MW of new energy storage in the autonomous region. In 2025, the group continues to advance energy storage construction, starting a new batch of projects to enhance system regulation capacity. Looking forward to the “15th Five-Year Plan,” the group will actively participate in diversified energy storage projects, continue to play the role of the Inner Mongolia Power Industry Innovation Alliance, and remain the main force in energy storage construction, fulfilling its political, social, and economic responsibilities as a state-owned enterprise.

Zheng Yaodong, Honorary Director of the Major Energy Storage and Renewable Energy Research Team, China Southern Power Grid

Zheng Yaodong, Honorary Director of the Major Energy Storage and Renewable Energy Research Team of China Southern Power Grid, emphasized in his report “Innovation Practices in New Energy Storage Technology of China Southern Power Grid” that among the seven grid-side energy storage power stations in operation for more than one year, except for the Baoqing Station used for research purposes, the operating levels of other stations were generally leading, with the highest actual annual operating hours exceeding 3,150 hours. Zheng Yaodong pointed out that operating performance directly affects economic benefits. China Southern Power Grid, upholding its responsibility as a central SOE, attaches great importance to plant operation and value mining. He also called on the industry to focus on revitalizing idle or underperforming plants. New energy storage must identify real demand and value positioning through market competition, and only by adhering to direct profitability can it truly achieve sustainable development.

Authoritative Release: Comprehensive Data and Development Trends of the New Energy Storage Industry

Haisheng Chen, Chairman of the China Energy Storage Alliance

Haisheng Chen, Chairman of the China Energy Storage Alliance, delivered the report “Current Status and Trends of New Energy Storage Industry Development and Release of CNESA DataLink H1 2025 Energy Storage Data.” As of the first half of 2025, China’s cumulative installed capacity of new energy storage reached 101.3 GW, surpassing 100 GW for the first time, which is 32 times that of the end of the “13th Five-Year Plan.” In the first half of 2025, newly commissioned new energy storage reached 23.03 GW/56.12 GWh, with both power and energy scales up 68% year-on-year. Looking forward to the “15th Five-Year Plan,” energy storage will participate more deeply in the power market and upgrade to high-quality development. By 2030, cumulative installed capacity is expected to reach 236.1–291.2 GW. (For report details, see: CNESA Major Release on the 10th Western China Energy Storage Forum)

During the 10th Western China Energy Storage Forum, the first domestic monograph in the field of compressed air energy storage technology, Theories and Applications of Compressed Air Energy Storage, was also released. Published by Science Press and funded by the National Science and Technology Publishing Fund, this book embodies the collective wisdom and twenty years of research achievements of the compressed air energy storage team led by Professor Haisheng Chen.

Enterprise Strategy: Leading Companies Insight into Market Opportunities and Transformation Paths

Wen Yuliang, Deputy General Manager and Chief Engineer, Integrated Energy Division, CRRC Zhuzhou Institute

Wen Yuliang, Deputy General Manager and Chief Engineer of the Integrated Energy Division of CRRC Zhuzhou Institute, pointed out in his report “Energy Storage Value Innovation Driving Energy Transition and Sustainable Development” that value innovation in energy storage mainly focuses on deeply exploring application scenarios and breaking through technological pain points. With technological progress, energy storage applications are no longer limited to the power system but are widely integrated into data centers, metallurgy, mining, off-grid hydrogen production, and many other industries, showing a trend of diversified integration. At the technical level, safety remains the fundamental prerequisite for all innovation. On this basis, efforts should focus on enhancing the economy of energy storage by improving system efficiency and extending system life. Meanwhile, grid-forming energy storage, as a frontier direction of technological innovation, is expected to further penetrate the global energy storage market within the next five years. Finally, he emphasized that intelligent operation and maintenance and battery recycling technologies are key to achieving full life-cycle management of energy storage projects and promoting sustainable industry development.

Si Zheng, Vice President of HyperStrong

Si Zheng, Vice President of HyperStrong, pointed out in her report “New Scenarios, New Opportunities: A New Cycle of High-Quality Development for the Energy Storage Industry” that with the cancellation of mandatory energy storage requirements under “Document No. 136,” the energy storage market will embrace two long-term opportunities: first, as new energy fully enters the market, energy storage, as a regulatory resource, can effectively smooth out grid fluctuations, driving a new round of market demand growth; second, with feed-in tariffs becoming market-driven, renewable energy generation companies will focus more on project operation and management. Energy storage, by enhancing the flexibility and stability of the power system, can help renewable energy projects generate greater returns in the power market and increase the certainty of revenues. In response to policy changes, HyperStrong is also undergoing a strategic transformation, shifting from “R&D + manufacturing” to “R&D + manufacturing + services,” opening up the full chain and developing full scenarios, and providing integrated energy services covering investment, development, construction, operation, and maintenance.

Practical Discussions in Sub-Forums: Seeking Realistic Paths for Market Mechanisms and Business Models

While the opening ceremony and main forum set a high-level tone, the concurrent series of sub-forums and closed-door meetings pushed the atmosphere toward more practical and precise exchanges, comprehensively focusing on key issues of industrialization and marketization of energy storage.

Sub-forums focused on common core topics of the industry: “New Energy Storage and the Power Market” directly addressed difficulties in mechanism building, exploring practices of energy storage market participation and revenue analysis; “Energy Storage Value Innovation and Solutions” focused on advanced energy storage technologies and solutions, exploring value innovation; “Exploration of Western Energy Storage Characteristic Markets” and “Generation-Grid-Load-Storage and Large Desert Base Construction” were closely aligned with western resource endowments, providing solutions for large base project development and intelligent operation.

Special seminars precisely targeted frontier application scenarios: “Zero-Carbon Park Development and Practice” explored green power supply, carbon accounting, and park-level storage dispatch models, responding to rigid demands of industrial low-carbon transition; “New Energy Storage Innovative Technologies and Applications” focused on technological iteration and product reliability, promoting joint efforts of industry, academia, and research; “Data Center Development and Practice” addressed the challenge of green energy use in digital infrastructure, exploring integrated design and operation paths of “energy storage + computing power.”

At the same time, a hydrogen energy sub-forum was held, discussing hydrogen energy applications in power, transportation, and industry; while a closed-door seminar on the economic operation of energy storage projects in Inner Mongolia focused on typical scenarios in the region, analyzing economic feasibility and commercialization paths.

After ten years of deep cultivation, the “Western China Energy Storage Forum” has grown into an important platform promoting coordinated development of new energy and energy storage in western China. This forum precisely analyzed the core challenges in market mechanisms, technical safety, and business models, and through in-depth dialogue among government, industry, academia, research, and application, successfully built consensus on development. These outcomes will strongly promote new energy storage to advance from “policy dependence” to a new stage of “value-driven” high-quality development, contributing solid western strength to China’s construction of a new energy system and realization of the “dual carbon” goals.

China’s First 300,000 m³ Large-Scale Gas Storage Construction Achieves Important Progress!

By | cnenergynews.cn

Recently, it was learned that the excavation of the underground gas storage cavern at the 300MW advanced compressed air energy storage national demonstration power station being built by China National Energy (Beijing) Technology Co., Ltd. in Xinyang, Henan, has been successfully completed by 50%. This marks an important phased progress in the construction of China’s first 300,000 m³ large-scale gas storage.

When it comes to a 300,000 m³ underground gas storage cavern, people may have no concept. But if converted, it is equivalent to the volume of 130 Olympic-standard swimming pools filled with water, and you, like me, will be astonished.

So why build an underground gas storage cavern of such scale, and what does it mean for compressed air energy storage?

It is no exaggeration to say that the underground gas storage cavern plays the role of core infrastructure in compressed air energy storage systems. It determines the amount of gas stored, system efficiency, as well as important factors such as safety and stability. Therefore, it is also one of the key technologies for developing long-duration, large-scale compressed air energy storage, and has long been a focus of the industry.

Xinyang Underground Gas Storage Cavern, 300,000 m³ “Hidden Potential Inside”

The Henan Xinyang 300MW advanced compressed air energy storage national demonstration power station is a national new energy storage pilot demonstration project, and was successfully included in the fourth batch of “First (Set) of Major Technical Equipment in the Energy Field” by the National Energy Administration. Once completed, it is expected to generate 420 million kWh annually, effectively improving the efficiency, economics, and reliability of the local power system. In the field of compressed air energy storage, it has technological pioneering significance and major demonstration value.

The head of the Xinyang project department revealed to reporters, “The underground gas storage cavern of this power station adopts unique designs such as the ‘high-efficiency self-draining system’ and the ‘breakthrough ultra-large tunnel diameter’.”

High-Efficiency Self-Draining System Shows Remarkable Effect

He further explained: “Accumulated water caused by geological conditions in underground gas storage caverns has long been one of the key technical challenges troubling the safety and construction efficiency of compressed air energy storage underground gas storage caverns. This time, the high-efficiency self-draining system, innovatively designed by technical personnel, through rational design of the longitudinal slope of the gas storage cavern and lowering the internal water level, fundamentally solved this technical problem, significantly improved the long-term safety and operational stability of the system, and provided a brand-new solution for the construction of drainage systems in gas storage caverns under complex geological conditions.”

Cost Reduction and Efficiency Improvement, China’s First 15-Meter Ultra-Large Tunnel Diameter Design

Another highlight of the Xinyang project is the domestic breakthrough of adopting a 15-meter ultra-large tunnel diameter design for the first time. This innovative design increased the effective volume of the gas storage cavern to 300,000 cubic meters, expanding the scale by 300% compared with the previous largest design. While ensuring structural stability, it provided sufficient space support for a 300MW large-scale gas storage system, greatly improving unit cavern storage density and engineering economy. With a 50% increase in tunnel diameter, simple calculations show that this alone reduced costs by 200 million RMB, truly achieving the synergy of safety, efficiency, and economy.

Pioneering Horizontal Excavation Perfectly Solves Geological Problems

So what is the difference between horizontal-entry underground gas storage caverns in compressed air energy storage systems and traditional methods, and what are the advantages?

Traditional vertical-entry or inclined-shaft-entry construction has a long construction cycle and high costs, while horizontal-entry construction has relatively lower risks, lower costs compared with vertical shafts, and more convenient transportation during construction.

The technical team, for the first time in the field of compressed air, adopted horizontal-entry technology, which can extend along the strike of rock formations or stable strata, flexibly avoiding faults, and effectively solving adverse geological problems such as water-inrush zones. Compared with vertical shafts, it can more accurately select rock masses with good integrity and high compressive strength as the main cavern body, reducing construction risks caused by deep geological variations (such as soft rock interlayers, high water pressure zones). It also has obvious advantages in terms of environmental impact and economy.

Pingjiang Underground Gas Storage Cavern, the Starting Point of Underground Gas Storage Innovation

The ingenious design of the underground gas storage cavern at the Henan Xinyang 300MW advanced compressed air energy storage national demonstration power station is just a small reflection of China National Energy Technology’s in-depth cultivation of compressed air energy storage technology and engineering applications in recent years.

If we trace back this path of innovative exploration, every project shines like a pearl, strung together into a brilliant chain of underground gas storage caverns for compressed air energy storage by China National Energy Technology, China, and even the world. And to look back at the beginning, we must return to 2018…

In 2018, the founding year of China National Energy Technology, its incubator—the Institute of Engineering Thermophysics, Chinese Academy of Sciences—participated in the experimental work of the shallow-buried underground gas storage experimental cavern for compressed air energy storage in Pingjiang, Hunan, together with Central-South Design Institute of Power Construction. This was also the first domestic hard-rock shallow-buried gas storage experimental cavern for compressed air energy storage.

It broke through the limitations of traditional salt-cavern gas storage and provided important technical support for the engineering practice of shallow-buried gas storage caverns in compressed air energy storage, which was also the starting point of China’s underground gas storage cavern development for compressed air energy storage.

Unceasing Exploration, Zhangjiabei International First 100MW Project Achieves New Breakthrough

Soon after the Pingjiang project, starting from 2018, China National Energy Technology and the Institute of Engineering Thermophysics, Chinese Academy of Sciences, launched relevant research topics and project construction for the Zhangjiakou, Hebei, International first 100MW advanced compressed air energy storage national demonstration power station. Among them, the underground gas storage cavern construction was the world’s first underground artificial cavern for a 100MW-level compressed air energy storage system, and also the world’s first 100,000 m³ underground gas storage cavern.

The Zhangjiabei project is a milestone for the world’s new-type compressed air energy storage entering the 100MW-level engineering stage. It greatly advanced the industrialization and engineering application of new compressed air energy storage, adding another powerful tool for long-duration, large-scale energy storage. The power station construction received support from major projects such as the National Renewable Energy Demonstration Zone of the National Development and Reform Commission, and was included in the First (Set) of Major Technical Equipment in the National Energy Field and typical cases of green and low-carbon technology in the Beijing-Tianjin-Hebei region, with extraordinary significance.

Multiple Technical Measures to Solve Complex Geological Problems of Weak Interlayers

By adopting underground artificial caverns, the siting of compressed air energy storage becomes more flexible and can better coordinate with wind and solar power bases. However, China’s vast territory and complex geological conditions also bring various challenges to underground gas storage cavern excavation.

The basalt at the Zhangjiabei project site contains complex geology with weak interlayers, including fractured zones and densely jointed zones, which posed great challenges to construction safety and gas storage cavern stability. Technical personnel creatively adopted systematic anchor-shotcrete support, advanced anchor rods, and other measures to solve the rock mass issues, while also using advanced geological prediction and concrete replacement technologies to improve excavation safety and the stability of surrounding rock under long-term high-pressure air cycling loads. These efforts provided valuable first-hand data for constructing underground gas storage caverns for compressed air energy storage under complex geological conditions.

Unique Sealing Layer Technology Ensures Safe and Efficient Operation

For the first time at the Zhangjiabei project gas storage cavern, China National Energy Technology adopted high-strength steel, effectively solving the problems of safe and stable operation and sealing of the cavern under high air pressure during operation. At the same time, it addressed the external water pressure caused by higher water heads during operation and maintenance periods, strongly ensuring the safe and efficient operation of the underground gas storage cavern under complex geological conditions.

Tailored Drainage Technology Solutions

Just as the weather cannot be accurately predicted, geological conditions are also difficult to fully understand through preliminary surveys. In solving geological seepage and leakage problems, technical personnel, through practice, designed and summarized a professional anti-seepage and drainage solution. This scheme follows the principle of “block first, then drain; combining blocking and draining,” addressing the impact of groundwater on construction safety.

Breaking Through Soft Rock Limitations, Consolidating the Demonstration Role of the Zhongning Underground Gas Storage Cavern

In October 2023, the Datang Zhongning 100MW advanced compressed air energy storage national demonstration power station began construction. It is a project supported by the special fund of the National Development and Reform Commission and has demonstration and leading roles in scientific research innovation, equipment manufacturing, and engineering construction. Once completed, it is expected to generate 120 million kWh annually, providing important support for Ningxia to build a national new energy comprehensive demonstration zone.

Building the First Domestic Fully Artificial Cavern Underground Gas Storage in Soft Rock

Northwest China is the concentration area of the country’s wind and solar energy. The “West-to-East Power Transmission” is a major national energy strategy. Therefore, long-duration large-scale energy storage in the western region has become a focus of industry attention. Overcoming the limitations of soft rock geology in the western region can greatly unleash the potential of new-type compressed air energy storage in long-duration large-scale energy storage, which has great significance for both the industry and national strategic development.

Traditional gas storage cavern construction mostly chooses special geology such as salt rock or hard rock, which severely restricts the siting range of energy storage power stations. Through multiple innovative designs, the Datang Zhongning project overcame this severe limitation on the applicability of compressed air energy storage and built the first fully artificial cavern underground gas storage in soft rock strata in China.

First Domestic Ring-Shaped Gas Storage Cavern Structural Design

In the Zhongning project, technical personnel for the first time innovatively adopted a ring-shaped underground cavern structure. Through a closed-loop design, the surrounding rock stress distribution efficiency was significantly improved, achieving a technical breakthrough of stably constructing large-volume gas storage space in soft rock, greatly improving the utilization rate of underground space. This provided more possibilities for flexible siting of energy storage power stations in regions with soft rock distribution in China.

Unique Entry and Sealing Designs

In the Datang Zhongning project, technical personnel changed the traditional vertical shaft entry method, cleverly combining vertical and inclined shafts, effectively improving construction efficiency, making ventilation and drainage more convenient, while reducing interference in processes such as muck removal and steel lining assembly, thereby improving construction efficiency and results.

In terms of sealing layer design, considering the deformation-prone characteristics of soft rock strata, researchers adopted a composite design: using flexible materials to cope with deformation problems while also using rigid materials to provide stable support, ensuring the safe storage of high-pressure air at a depth of 150 meters, as well as the system’s sealing and safety.

First Multi-Ring Array Design, Yanshan Project Construction Further Upgraded

The Jiangxi Yanshan 300MW advanced compressed air energy storage national demonstration power station is a key national project in new energy storage and the energy field, included in the “New Energy Storage Pilot Demonstration Project List” and the fourth batch of “First (Set) of Major Technical Equipment in the Energy Field.”

From Single-Ring to Multi-Ring, Releasing Infinite Possibilities for Compressed Air Energy Storage

Building upon the “ring array” design of the underground gas storage cavern in the Datang Zhongning project, the Jiangxi Yanshan project achieved new breakthroughs and upgrades, for the first time adopting a “multi-ring array” design.

While ensuring the stability of the gas storage cavern, this design allows multiple gas storage caverns to operate independently, with flexible staged commissioning, calmly coping with various complex geological conditions. At the same time, it improves project construction and operation efficiency, providing sufficient technical support for the application of compressed air energy storage in more complex and diverse geological conditions.

First Application of Digital Twin Technology in Compressed Air Energy Storage Underground Gas Storage Caverns

Driven by the growing demand for “digital-intelligent” management of compressed air energy storage power stations, in 2024, China National Energy Technology took the lead in applying a “large-scale energy storage and monitoring automated management system design” in domestic compressed air energy storage underground gas storage caverns, in order to enhance management refinement and intelligence, and continuously improve the management level of power stations.

Multiple Major Projects Forge Strong Underground Gas Storage Cavern Construction Capability

We can see that from its establishment in 2018, China National Energy Technology has walked alongside the country’s first shallow-buried underground gas storage experimental cavern for compressed air energy storage—the Pingjiang storage cavern.

After continuous optimization through multiple advanced compressed air energy storage power stations, including Zhangjiabei 100MW, Datang Zhongning 100MW, Henan Xinyang 300MW, and Jiangxi Yanshan 300MW, China National Energy Technology has summarized a complete set of solutions for large-scale underground gas storage caverns under different regional and geological conditions. Beyond its outstanding advantages in compressed air energy storage system R&D, core equipment manufacturing, and system integration, it has also mastered the core competitiveness of underground gas storage caverns, laying a solid foundation for continuously growing stronger in the compressed air energy storage industry in the future.

Innovation Never Stops. China National Energy Technology General Manager Ji Lü stated to reporters that compressed air energy storage is a systematic project, and every part requires meticulous polishing and continuous iteration and upgrading. In the future, the company will continue to strengthen research investment in underground gas storage caverns, actively participate in the formulation of national and industry standards, and provide valuable technical and engineering services for compressed air energy storage and other related fields.

CNESA Major Release on the 10th Western China Energy Storage Forum

On August 19, 2025, the 10th Western China Energy Storage Forum grandly opened in Hohhot, Inner Mongolia. This forum was hosted by the China Energy Research Society, China Energy Storage Alliance, New Energy Storage Innovation Consortium of Centra SOEs, Inner Mongolia Energy Storage Promotion Association, and Hohhot Industrial Innovation Research Institute, and co-hosted by CRRC Zhuzhou Institute, HyperStrong, and Kehua Digital Energy Tech Co., Ltd. Haisheng Chen, Chairman of China Energy Storage Alliance and Director of the Institute of Engineering Thermophysics, Chinese Academy of Sciences, delivered a keynote report entitled "Current Status and Trends of New Energy Storage Industry Development," and released data on the energy storage industry for the first half of 2025.

Haisheng Chen, Chairman of China Energy Storage Alliance and Director of the Institute of Engineering Thermophysics, Chinese Academy of Sciences

1. Scale of New Energy Storage Projects

Cumulative Power Storage Installed Capacity Reaches 164.3GW, Share of Pumped Storage Falls Below 40% for the First Time
According to incomplete statistics from the CNESA DataLink Global Energy Storage Database, as of the end of June 2025, China's cumulative installed capacity of power storage reached 164.3GW, a year-on-year increase of 59%. This year marks the final year of the "14th Five-Year Plan." Compared with the end of the "13th Five-Year Plan," significant changes have occurred in the structure of storage technology routes. The share of pumped storage has fallen below 40% for the first time, while new energy storage represented by lithium-ion batteries has achieved leapfrog growth. In addition, single-technology routes are accelerating toward diversification.

Figure 1: Distribution of Cumulative Installed Capacity of Power Storage in China (Unit: GW%)

Cumulative Installed Capacity of New Energy Storage Surpasses 100GW for the First Time
As of the first half of 2025, China’s cumulative installed capacity of new energy storage reached 101.3GW, a year-on-year increase of 110%, surpassing 100GW for the first time. The cumulative installed capacity is 32 times that at the end of the "13th Five-Year Plan."

Figure 2: Cumulative Installed Capacity of New Energy Storage in China (Unit: GW)

New Energy Storage Added 23.03GW/56.12GWh
In the first half of 2025, newly commissioned new energy storage projects reached 23.03GW/56.12GWh, with both power and energy scales increasing 68% year-on-year. Due to policy adjustments, project grid-connection timelines shifted earlier to "5·31." In May, new installations hit a record monthly high of 10.25GW/26.03GWh, a year-on-year increase of 462%/527%.

Figure 3: Comparison of Monthly New Installations of New Energy Storage in China (2023-2025.H1, Unit: MW)

2. Shipment Situation of Chinese Energy Storage Companies in H1 2025
At the same time, Chairman Haisheng Chen also released the shipment data of Chinese energy storage technology providers and energy storage system integrators in the first half of 2025. CATL, CRRC Zhuzhou Institute, and Sungrow ranked at the top. The specific shipment situation is as follows:

2025.H1 Shipment of Energy Storage Batteries in the Global Market by Chinese Technology Providers
According to incomplete statistics from the CNESA DataLink Global Energy Storage Database, in the first half of 2025, shipments of energy storage batteries (excluding base station and data center cells) from Chinese companies to the global market reached 233.6GWh. Based on shipment volumes ≥50GWh, 20GWh≤shipment<50GWh, 10GWh≤shipment<20GWh, and shipment<10GWh, the shortlisted companies are shown in the figure below.

CATL still firmly holds the top position, while second-tier companies are rapidly narrowing the gap.

Figure 4: Shipment Volume of Energy Storage Batteries in the Global Market by Chinese Technology Providers in H1 2025 (Unit: GWh)

Note: (Companies within each range are listed in order of the initials of their short names in Pinyin.)
Statistical scope: Global shipment volume of energy storage cells (excluding base station and data center cells) independently produced by enterprises in H1 2025. Shipment volume is based on cells that have left the factory and been delivered to customers or project sites.

2025.H1 Top 10 Energy Storage System Integrators in the Chinese Domestic Market by Shipment Volume
In the first half of 2025, the Top 10 Chinese companies in terms of energy storage system shipments in the domestic market were, in order: CRRC Zhuzhou Institute, HyperStrong, Envision Energy, Sungrow, SCETL, XYZ Storage, ROBESTEC, XJ Electric, Goldwind, and ZTT.

Figure 5: Top 10 Energy Storage System Integrators in the Chinese Domestic Market by Shipment Volume in H1 2025 (Unit: GWh)

Note: Energy storage system specifically refers to an AC-side system composed of an energy storage battery DC system, converter and boosting system, EMS, and related auxiliary equipment.

2025.H1 Top 10 Energy Storage System Integrators in the Global Market by Shipment Volume
In the first half of 2025, the Top 10 Chinese companies in terms of energy storage system shipments in the global market were, in order: Sungrow, CRRC Zhuzhou Institute, HyperStrong, Envision Energy, SCETL, XYZ Storage, ROBESTEC, Sunwoda Energy, CSI Solar, and Trina Storage.

Figure 6: Top 10 Energy Storage System Integrators in the Global Market by Shipment Volume in H1 2025 (Unit: GWh)

Note: Energy storage system specifically refers to an AC-side system composed of an energy storage battery DC system, converter and boosting system, EMS, and related auxiliary equipment.

3. New Energy Storage Tendering and Bidding Market

Scale of New Energy Storage Tenders and Bids
According to incomplete statistics from the CNESA DataLink Global Energy Storage Database, in the first half of 2025, China’s new energy storage tender and bid market grew significantly, especially the bidding scale of energy storage systems, reaching 86.2GWh, a year-on-year increase of 264%. The main reason was the surge in centralized procurement/framework procurement bidding scale, which increased 618% year-on-year. Several large-scale centralized/framework procurements announced bid results in the first half of this year, accounting for 69% of the total energy storage system bidding market, up 33% from the same period last year.

Figure 7: Distribution of Tender and Bid Scale in H1 2025 (excluding centralized/framework procurements, Unit: GWh)

Centralized/Framework Procurement Bidding Scale of Energy Storage Systems
In terms of centralized/framework procurement of energy storage systems, both tendering scale and bidding scale achieved substantial growth in the first half of 2025 compared with the same period last year. Tendering scale increased by 176% year-on-year, and bidding scale increased by 606%. Among tendering entities, China Energy Engineering Corporation ranked first with a tendering scale of 25GWh, followed by SPIC and China Huadian. Among winning enterprises, HyperStrong, CRRC Zhuzhou Institute, and BYD ranked top three in terms of the number of winning bid sections.

Figure 8: Distribution of Tendering Entities with Over 1GWh in Centralized/Framework Procurement in H1 2025 (Unit: GWh)

Figure 9: Distribution of Enterprises with Four or More Winning Bid Sections in Centralized/Framework Procurement in H1 2025 (Unit: Sections)

Note: Lithium iron phosphate energy storage systems (including grid-forming type), excluding centralized/framework procurements and user-side applications.

4. Market Outlook for New Energy Storage

Looking ahead to the "15th Five-Year Plan," new energy storage will be driven by the market. Combining its green value, it will continuously expand new application scenarios, innovate business models, and promote the industry’s upgrade toward high-quality development.
First, market participation progress will accelerate. The market-oriented development of energy storage has become inevitable. Facing different needs across regional markets in the future, more innovative business models will emerge.
Second, scientific planning and coordination will gradually be achieved. Energy storage will be more closely coupled with the construction of new power systems and achieve diversified applications in zero-carbon parks, green power direct connections, and other fields, expanding new business models.
Third, the construction of capacity mechanisms will accelerate. The role of new energy storage capacity is emerging. Reasonable evaluation of the capacity value and conversion methods of new energy storage, and its coordinated development with pumped storage and thermal power as regulation resources, will be the research focus.
Fourth, the market will drive industrial upgrading. China’s new energy storage business models have already shifted. Energy storage products with high technical performance, strong safety assurance, and reasonable costs will be more competitive in the market and will also promote the industry’s continuous upgrade toward high-quality development.
Looking to the future, CNESA forecasts that by 2030, China’s cumulative installed capacity of new energy storage will reach 236.1GW in a conservative scenario and exceed 291GW in an ideal scenario, with a compound annual growth rate of over 20% in the next five years. With the expansion of new scenarios such as desert-Gobi-wasteland large bases, zero-carbon parks, and virtual power plants, as well as collaborative innovation in materials, structures, and intelligent technologies, new energy storage will play a more central role in ensuring power security and achieving the "dual carbon" goals.

Figure 10: Forecast of Cumulative Installed Capacity of New Energy Storage in China (2025-2030)

Statera Energy Launches UK’s Largest Battery Storage Site at Thurrock

Statera Energy has brought online the country’s largest battery energy storage system, marking a major step in Britain’s clean energy transition. The 300-megawatt Thurrock Storage facility, located just north of the former Tilbury coal station, is now delivering power to the grid, according to the company’s announcement on August 18. The site can supply up to 680,000 homes with instant electricity for two hours, providing 600 megawatt-hours of output within seconds. Positioned close to London, Thurrock Storage is designed to boost the resilience of the national grid by responding rapidly to fluctuating supply and demand, helping secure energy stability at critical times. Statera said the project represents a transformation of the site’s industrial legacy into infrastructure that supports the UK’s low-carbon future.

Image: Statera Energy

The company noted that the battery system is paired with Thurrock Flexible Generation, a 450MW plant that can provide backup during longer dips in renewable output. Together, the projects form part of Statera’s wider growth strategy: the firm currently has more than 2.1GW of UK projects built or under construction and a further 16GW in the pipeline. Statera reported that it has already committed £1 billion in investment, with plans to reach £7 billion by 2030. Beyond its grid role, the new facility is expected to generate local job opportunities, including apprenticeships focused on operations and maintenance. National Grid Electricity Transmission confirmed its role in successfully connecting the site, emphasizing the importance of large-scale storage in balancing renewable generation.

According to Statera, Thurrock Storage’s launch underlines the need for robust battery capacity to ensure that renewable energy is both reliable and flexible. While details on future expansion were not provided, officials pointed to the site’s contribution as a critical milestone in the UK’s transition to a more resilient, sustainable energy system.

Harmony Energy Powers Up France’s Largest Battery Storage Project

Harmony Energy has brought online France’s largest battery energy storage system (BESS), marking a significant step in the country’s energy transition. The 100MW/200MWh Cheviré project, located at the port of Nantes Saint-Nazaire Harbour, is the first large-scale, two-hour duration BESS in France, according to the developer. Built on the site of the former Cheviré fossil fuel power station, which operated between 1954 and 1986, the project replaces a legacy of coal, oil, and gas with a facility designed to stabilise the grid and integrate more renewable power. Using Tesla’s Megapack and Autobidder technologies, the system will provide balancing services to support the shift away from fossil-fuel peaking plants. Harmony also highlighted biodiversity and community benefits, including a fund dedicated to local social and environmental initiatives.

The energisation comes as Harmony broadens its international footprint beyond the UK, where it developed some of Europe’s largest operational BESS projects. The company previously served as investment adviser to the Harmony Energy Income Trust (HEIT), a London-listed fund that held a large UK battery portfolio. With revenues in the UK market under pressure, Harmony has focused on projects across France, Germany, and Poland. Speaking at the Energy Storage Summit in London last year, its chief investment officer described a ready-to-build pipeline in these markets. Meanwhile, HEIT itself underwent a major change in ownership. In July, energy investment firm Foresight Group acquired the trust through its Foresight Energy Infrastructure Partners II fund, taking a 49% stake directly and securing the remaining 51% via its portfolio company Blackmead Infrastructure Limited, according to Solar Power Portal reporting.

The Cheviré project reflects both France’s growing storage ambitions and the broader reshaping of Europe’s battery investment landscape.

India: NTPC Seeks Contractors for 4GWh Battery Storage Projects at Thermal Plants

India’s largest power producer, NTPC Limited, has launched a major tender for battery energy storage systems (BESS) at its thermal power plants in Uttar Pradesh. According to the company’s invitation for bids issued on August 8, NTPC is seeking engineering, procurement and construction (EPC) partners to develop 1,700MW/4,000MWh of capacity across 11 sites. The projects include 300MW of four-hour duration storage, equal to 1,200MWh, and 1,400MW of two-hour duration storage, totaling 2,800MWh. The tender specifies a 12-year service life for the assets, designed for twice-daily cycling, with an annual maintenance contract also part of the scope.

The state-owned utility, formerly known as the National Thermal Power Corporation, is a key driver in India’s push for energy storage deployment. NTPC, which currently supplies around a quarter of the nation’s electricity through its 80GW of installed capacity, is also one of the government’s central agencies tendering both lithium-ion and pumped hydro storage. These efforts align with a standardized procurement framework introduced in 2022 and supported by the Union Government’s Viability Gap Funding scheme, which covers about 30% of project capital costs. According to the India Energy Storage Alliance, more than 171GWh of capacity has been tendered nationwide so far, including 55GWh in the first half of 2025.

Despite this rapid pace of bidding, progress on operational projects remains limited. Analyst Charith Konda of the Institute for Energy Economics and Financial Analysis recently noted that less than 220MWh of large-scale BESS is currently online in India. Challenges include aggressive bidding that risks financial viability, as well as grid connection and contracting delays. The NTPC initiative represents one of the largest steps yet toward scaling storage, but whether these tenders translate into timely projects remains an open question.

1GWh! Hithium Energy Storage Signs Major User-Side Energy Storage Order

1GWh! Hithium Energy Storage Signs Major User-Side Energy Storage Order

By: Hithium Energy Storage

Hithium Energy Storage announced that it has established a strategic partnership with Pakistan’s well-known power system integrator The Imperial Electric Company (Pvt) Ltd. (abbreviated as “IEC”), under which the two parties will distribute 1GWh of residential and commercial & industrial (C&I) energy storage products in Pakistan. This milestone event marks another step forward in Hithium Energy Storage’s globalization strategy and also demonstrates its firm commitment to promoting energy equity.

Signing Ceremony

A new breakthrough for Pakistan’s energy landscape

The signing of this cooperation agreement brings a critical breakthrough to Pakistan’s energy sector. Hithium Energy Storage and IEC will jointly deploy 1GWh of advanced energy storage solutions, specifically tailored for residential and C&I scenarios. The core of the cooperation includes the distribution of Hithium Energy Storage’s HeroEE residential energy storage system series. With reliability and efficiency as its core, this product series, thanks to its strong environmental adaptability, can operate stably in diverse scenarios. In addition to product distribution, the two parties will also jointly develop customized energy storage systems to precisely address Pakistan’s energy challenges, ensuring the products deliver optimal performance in local environments.

According to the plan, IEC will act as the nationwide distributor of Hithium Energy Storage’s residential storage products, enabling more Pakistani households and businesses to access stable, reliable, and economical green energy. At the same time, the two parties plan to jointly establish a Hithium Energy Storage local service center, strengthening the user experience through a localized service system and laying a solid foundation for long-term market development.

Hithium Energy Storage HeroEE series: Reshaping the energy storage experience

Hithium Energy Storage redefines the future of energy storage with safe, long-lasting, and efficient green solutions, fully meeting the surging global demand for sustainable electricity. Taking the HeroEE series in this cooperation as an example, its core advantages include:

Ultimate safety and durability: Equipped with power-industry-grade lithium iron phosphate batteries, combining high safety, high integration, and high performance, achieving over 11,000 deep cycles under 90% Depth of Discharge (DOD).

Flexible expansion and adaptability: Capacity can be flexibly expanded from 16kWh to 256kWh, suitable for households, small businesses, emergency rescue, and other diverse scenarios, and supports PCS and component configuration on demand to meet specialized storage needs.

Reliable power supply and easy maintenance: Maximum discharge current reaches 200A, capable of driving multiple loads simultaneously to ensure uninterrupted power supply; modular independent design supports individual detection or replacement, significantly reducing maintenance costs.

For C&I scenarios, Hithium Energy Storage provides modular, scalable energy storage solutions that help enterprises enhance energy resilience and reduce operating costs. Its performance in safety, durability, and intelligent management has already been widely recognized by global industry clients.

Empowering Pakistan: Solving energy challenges and promoting energy equity

With a population of over 200 million, Pakistan has long been plagued by the dual problems of insufficient energy reliability and high costs. This cooperation, relying on Hithium Energy Storage’s advanced technology and IEC’s deep local experience, aims to allow more people to benefit from stable and economical green energy, contributing to the realization of energy equity.

IEC Group Operations Director Reza

Mr. Reza, Operations Director of IEC Group, said: “We are very pleased to cooperate with Hithium Energy Storage. This will bring advanced energy storage technology and product solutions to Pakistan, allowing more people to be free from the impact of unstable power supply.”

You Jianyong, Deputy General Manager of Hithium Energy Storage’s Residential Storage Division, said: “This cooperation is not only a business deployment but also a mission: to bring energy fairness to Pakistani families and enterprises. By combining our advanced solutions with IEC’s local resources, we are helping communities escape the constraints of unstable energy and high costs.”

This cooperation accelerates Hithium Energy Storage’s expansion in the South Asian market, highlights Pakistan’s position as a key market for energy storage, and builds a technological exchange bridge between China and Pakistan, injecting China’s advanced energy storage solutions into Pakistan’s renewable energy development wave. Beyond commercial value, the cooperation also deepens China-Pakistan economic ties, providing strong support for sustainable development and energy access goals.

Based on this foundation, the two parties will promote continuous progress in Pakistan’s energy sector, with potential future expansion into large-scale power storage and renewable energy projects, opening broader cooperation opportunities.

About IEC

The Imperial Electric Company (IEC), founded in 1931, is one of the oldest and most influential distributors in Pakistan of electrical, control, automation, and integrated system equipment. Its business scope covers power distribution equipment, solar systems, power EPC, aviation, and electric vehicle charging solutions.

In 2025, AIDC’ Energy Consumption Will Reach 77.7 TWh, Making Energy Storage Technology Upgrades Urgent

By | Shuangdeng Group

Recently, Zhong Yihua, Vice President of Shuangdeng Group Co., Ltd., stated in an interview that with the explosive growth of foundation models and AI technology, the power consumption per rack in AI data centers (AIDCs) has risen from the traditional 2–8 kW to 20–50 kW, and may exceed 100 kW in the future. It is estimated that in 2025, the energy consumption of AIDC will reach 77.7 TWh, a sixfold increase in five years. “High-density power supply, high-efficiency cooling, smaller footprint, and rapid deployment” have become the core requirements of AIDC, making energy storage technology upgrades urgent.

In response to the needs of different power supply architecture solutions for AIDC, Shuangdeng has proposed a series of “green power + energy storage” solutions, including the 220 kV “green power direct integration with generation-grid-load-storage” solution, 10 kV AC-side UPS power supply with energy storage, UPS 400 V low-voltage AC-side energy storage, Panama power supply application with energy storage, HVDC power supply with energy storage, and the future development trend SST-800 V DC energy storage. The aim is to improve energy utilization, reduce carbon emissions, and ensure power supply stability and reliability by optimizing the coordination between power sources, the grid, loads, and energy storage. This solution can not only provide emergency power support, but also enhance green power supply for AIDC and reduce fossil energy demand and carbon emissions through peak shaving and valley filling.

Shuangdeng has been deeply involved in the industry for many years, focusing on lithium batteries, sodium batteries, fuel cells, and solid-state batteries as its core technological breakthroughs. Relying on multiple solutions such as green power direct connection for data centers, immersion-protected lithium battery systems, new energy solutions, and intelligent lithium batteries, it has formed a technology matrix covering new energy storage and scenario-based applications—from batteries (cells) to system solutions to intelligent operation and maintenance energy management—meeting the diversified needs of different application scenarios. It has received honors such as National Manufacturing Single Champion, National Specialized and New “Little Giant” Enterprise, National Quality Benchmark Enterprise, National Intellectual Property Demonstration Enterprise, and National Green Factory.

Shuangdeng will continue to promote industrial upgrading through technological innovation, work with global partners to build a “green carbon ecosystem,” and enable new energy storage solutions to unleash green vitality in the era of intelligent storage.

Grid-forming National Demonstration Project! The First “Electrochemical + Flywheel” Hybrid Energy Storage Power Station in Liaoning Breaks Ground

On the morning of August 11, the groundbreaking ceremony for the Liaozhong Envision Energy Storage Power Station project was held. As a grid-forming national demonstration project, it carries the important mission of promoting the energy revolution and achieving the “dual carbon” goals, injecting strong momentum into the green transformation and high-quality development of the Liaozhong economy.

The Liaozhong Envision Energy Storage Power Station is the first “electrochemical + flywheel” hybrid energy storage power station in Liaoning. The project is located in Manduhu Town, Liaozhong District, Shenyang City, with a total investment of 580 million yuan and covering an area of 60 mu (approx. 10 acres). The project plans to build an 80MW/160MWh electrochemical energy storage facility and a 20MW/3.2MWh flywheel energy storage power station, along with supporting facilities such as the electrochemical area and the flywheel area.

According to Xue Bin, General Manager of Regional Development for Liaoning at Envision Energy, after completion, the project will not only provide large-scale energy storage capacity, but also, through flywheel technology, provide the power grid with scarce rotational inertia resources. At the same time, the project will also offer multiple services including peak shaving, frequency regulation, and emergency backup, promote the consumption of renewable energy such as wind and solar in the region, greatly enhance the flexibility and stability of the power grid, and contribute to the construction of the central Liaoning energy network, the promotion of power system reform, and the high-quality development of new energy industry models.

It is understood that after the project is completed, it will effectively enhance the grid regulation capacity of Liaozhong District, and will be of great significance in promoting the industrial structure adjustment of Liaozhong District and achieving green, low-carbon development.

Bangladesh Invites Bids for 160MW Battery Storage to Support Renewables

The Ceylon Electricity Board (CEB), Bangladesh’s state-owned power utility, has launched a competitive bidding process for large-scale battery energy storage system (BESS) projects aimed at stabilizing the national grid as more intermittent renewable sources come online. According to the request for proposals issued on July 30, the program calls for 16 standalone projects, each rated at 10MW/40MWh, totaling 160MW/640MWh of four-hour storage capacity. Selected developers will design, build, own, and operate the systems under 15-year agreements. CEB, which generates, transmits, and distributes roughly three-quarters of Bangladesh’s electricity, said the move is intended to ensure grid reliability as the country expands its use of “non-conventional” renewable energy sources, such as solar and wind.

The projects will connect to the grid at the 33kV level and occupy approximately 0.8 acres each. Proposals must include comprehensive plans covering site preparation, battery and inverter installation, energy management systems, environmental safeguards, auxiliary power, and SCADA integration, along with necessary transformers, switchgear, and transmission links to the grid termination point. CEB has not specified a preferred technology but requires proven solutions with successful track records in countries with infrastructure comparable to Sri Lanka. All equipment must be new and unused. The deadline for bid submissions is September 10, 2025, with a target completion date of May 29, 2026.

An EU-funded 2023 study previously underscored the cost-saving and reliability benefits of BESS for Bangladesh, according to Energy-Storage.news. By inviting private sector participation under a build-own-operate model, CEB aims to accelerate deployment while managing capital outlay. While the RFP outlines detailed technical and operational requirements, it does not indicate potential sites beyond specifying grid connection parameters, leaving bidders to propose optimal locations within the country’s network constraints.

Battery Gross Profit Increased Nearly Fourfold! REPT BATTERO Shipped 18.87GWh of Energy Storage in 2025H1

On August 11, REPT BATTERO released its interim results announcement.

As of the end of the reporting period, REPT BATTERO’s total assets amounted to RMB 38,892.5 million, an increase of 0.9% compared to the end of last year; net assets were RMB 10,322.5 million, basically unchanged from the end of last year.

During the reporting period, revenue reached RMB 9,491.1 million, an increase of 24.9% year-on-year. The company sold a total of 32.4GWh of lithium battery products, a year-on-year increase of 100.2%. Among them,

Energy storage battery shipments were 18.87GWh, up approximately 119.3% year-on-year, with revenue from energy storage battery product sales of RMB 5,082.6 million, up 58.4% year-on-year;

Power battery shipments were 13.53GWh, up approximately 78.5% year-on-year, with revenue from power battery product sales of RMB 4,026.6 million, up 40.9% year-on-year.

Compared with last year’s gross profit of RMB 158.8 million, the company’s power and energy storage battery products recorded a gross profit of RMB 777.7 million during the reporting period, an increase of 389.7% year-on-year. The gross margin rose from 2.6% in the same period last year to 8.5% in the reporting period, mainly due to the scale effect resulting from increased orders for power and energy storage battery products.

Signed Over 20GWh of Energy Storage Cell Purchase Agreements

In the field of energy storage business, as an industry leader, the company, driven by large cell technology, leads the development trend of large-capacity systems and long-duration energy storage. The company’s “Wending® 392Ah” cell and its supporting “PowtrixTM 6.26MWh” energy storage system, through structural and chemical system innovations, achieve better balance in key performance dimensions, and have successfully passed multiple extreme safety tests, achieving a dual breakthrough in the upgrading of energy storage safety standards and global market expansion.

During the reporting period, the company deepened strategic cooperation with leading energy storage integrators such as Customer M and Customer N, while successfully entering overseas markets, integrating into the supply chain systems of mainstream international energy storage companies and regional leaders. In addition, the company successively signed energy storage cell purchase agreements exceeding 20GWh with enterprises such as Customer O, Customer P, and Customer Q, demonstrating strong competitiveness and broad market recognition in the energy storage market.

Launched 72/100/314/320/392/587Ah cells

Power and commercial & industrial energy storage cells: Based on the original 280Ah cell dimensions, 314/320Ah series cell products were developed. Using “Wending” technology, internal space utilization was increased by 4% and AC internal resistance reduced by over 10%. At the same time, through “double high” solid-liquid interface design, high-quality energy density of 180Wh/kg, high energy efficiency of 95% (0.5P), long life (over 10,000 cycles), and high safety cells were developed. The cells have been mass-delivered to major domestic and foreign customers.

To match the next-generation 6.25MWh+ system, higher-capacity 392Ah and 587Ah cell products were developed, further increasing gravimetric energy density to 190Wh/kg, energy efficiency above 96% (0.25P), and cycle life of over 10,000 cycles, meeting the requirement of over 20 years of calendar life. In addition, to meet the market demand for 1P products, the 314Ah-1P product was upgraded and developed, with 1P energy efficiency and cycle life indicators reaching industry-leading levels. To meet longer life usage scenarios such as “solar-storage life match,” the 314Ah ultra-long-life cell product was upgraded and developed, using pre-lithiation technology to increase cycle life to 12,000 cycles, achieve “zero degradation in three years,” and possess over 25 years of ultra-durable calendar life.

Residential energy storage cells: The 72/100Ah cells, based on electrode structure design and electrolyte optimization innovations, have an energy density exceeding 165Wh/kg and a cycle life of over 6,000 cycles, meeting the need for more than 10 years of product life. At the same time, the cells can support rapid charging at minus 10°C, providing more options for applications in extremely cold regions.

5MWh Energy Storage System Passes Large-scale Fire Test

Expected 300% YOY Increase of Shipment Volume

In the energy storage field: The market competitiveness of the 5MWh energy storage system product was further consolidated. Based on the latest versions of multiple core standards including CSA/ANSI C800:25, NFPA855, and UL9540A, under the verification of third-party authoritative institutions and overseas customers, the entire cabin successfully passed a large-scale fire test. In addition, the entire cabin passed a series of functional and performance tests under extreme environments such as low temperature of -30°C and high temperature of 55°C, demonstrating excellent environmental adaptability. The expected shipment volume of the 5MWh energy storage system this year will reach three times that of last year. This growth trend not only reflects its widespread application worldwide but will also continue to deepen customer trust and enhance brand influence. Facing future applications of large-capacity cells, the company will adopt the 392Ah solution to achieve a 6.26MWh system. Under the same 20-foot standard container size, volumetric energy density will be increased by 25%, and combined with new active balancing technology, the economic benefits, performance, and safety performance of the system will all be significantly improved.

Launched 20-foot 6MWh+ energy storage product

“Wending” technology: Facing the upcoming next era of commercial & industrial cells and energy storage systems, through the use of “Wending” technology, the company plans to develop the next-generation 500~600Ah+ series high-capacity energy storage cells to effectively improve cell integration efficiency and reduce costs. The newly upgraded 6MWh+ energy storage product, while keeping the 20-foot standard prefabricated cabin volume unchanged, through the application of large-capacity cells and optimization of in-cabin layout, enables the total cabin energy to exceed 6MWh, further providing customers with an all-round energy storage system product that combines economic benefits, safety performance, and cycle life advantages. Full platform introduction of BMS active balancing, compared with conventional passive balancing, improves efficiency by 20 times, significantly reducing site operation and maintenance time costs and improving system availability. In terms of system environmental tolerance, the company will further enhance the system’s performance in extremely low temperatures (-30°C), extremely high temperatures (55°C), wind and sand resistance, low noise, sun exposure resistance, high altitude, and short-term grid-forming, enabling it to fully adapt to harsh environments worldwide and solve customer pain points. In addition, the company will develop new liquid cooling technology to enable the 6MWh+ energy storage container system to support 0.5P operating conditions.

Investment in Indonesian Battery Manufacturing Base

Phase I Annual Capacity of 8GWh

The company is committed to building a global industrial layout to meet the global market demand for high-performance battery products. At present, the company has established subsidiaries in the United States, Germany, Southeast Asia, and other regions, actively expanding the international market, and has established deep cooperative relationships with global leading energy storage and new energy vehicle enterprises. The company plans to establish production plants in Southeast Asia, Europe, and South America. These initiatives will enable the company to enhance its global brand influence, be closer to local customer resources and raw materials, and allow the company to diversify geopolitical risks. The company is investing in the construction of a battery manufacturing base in Indonesia, with the first phase planned to have an annual capacity of 8GWh of power and energy storage batteries and systems, as well as battery components.

Indonesia Unveils 100 GW Solar Initiative With Massive 320GWh Battery Storage Rollout

Indonesia has announced an ambitious plan to deploy 100 GW of solar power nationwide, combining large-scale generation with an unprecedented rural electrification push. According to pv magazine, the “100 GW Solar Power Plant Plan for Village Cooperatives,” mandated by President Prabowo Subianto, will see 80 GW installed as 1 MW solar arrays paired with 4 MWh battery energy storage systems in 80,000 villages. Operated by the village cooperative Merah Putih, these solar-plus-storage mini grids aim to provide affordable, reliable power while reducing dependence on costly diesel generators. The government has set an initial target of 10,000 operational units by August 2025. Another 20 GW of centralized solar—both on- and off-grid—will complement the distributed systems, with the goal of meeting household energy needs and boosting rural economic activity.

Fabby Tumiwa, CEO of the Institute for Essential Services Reform (IESR), told pv magazine that the solar-plus-BESS model could deliver electricity at $0.12 to $0.15 per kWh over 25 years—well below the $0.20 to $0.40 per kWh cost of diesel generation. Tumiwa called it potentially Southeast Asia’s largest rural electrification effort, but warned that building 100 GW in five years will be “very challenging.” IESR recommendations include developing skilled local workforces through university and vocational training programs, offering maintenance training, pursuing bulk equipment procurement, and using blended finance models to support project funding.

The initiative is still in the planning phase, coordinated by the Ministry of Energy and Mineral Resources alongside the Coordinating Ministries of Economic Affairs and Food. Indonesia’s technical potential for solar ranges from 3,300 GW to 20,000 GW, according to IESR estimates, while the country’s long-term energy policy targets up to 108.7 GW of solar by 2060. If implemented effectively, the program could redefine Indonesia’s energy landscape and serve as a global benchmark for large-scale distributed renewables.

Spain: Tesla Wins 400MWh Major Energy Storage Order

In Madrid, Spain, independent power producer Matrix Renewables (invested by the TPG Rise Fund) has submitted environmental impact assessment and administrative permit applications for the Visenta and Perdiguero lithium-ion battery energy storage projects.

Both power stations are located in Huesca Province, respectively situated in the municipalities of Sesué, Benasque, and Sahún in the Pyrenees, each with 100MW grid-connected capacity.

Each facility has an energy storage capacity of about 400MWh, supporting four hours of full-power discharge. The two stations have a combined usable storage capacity of 407.264MWh.

The project will use 104 Tesla Megapack 2 XL container units, configured into 52 dual-module units, with 26 transformers, each inverter having an AC output power of 0.979MW.

Supporting infrastructure includes the Pirineo 220/30 kV step-up substation, equipped with one 115/220 MVA transformer and one 180/185 MVA transformer. The construction budget for each power station is about 62 million euros.

In addition to the above projects, Matrix Renewables has deployed a diversified technology portfolio in multiple regions worldwide. As of 2024, the company owns 15.5GW of renewable energy, energy storage, and green hydrogen projects in Europe, Latin America, and North America, including 52 projects in Chile with a total of 412MW.

AIDC First Stock! Shuangdeng Co., Ltd. Passes HKEX Listing Hearing

On August 10, documents from the Hong Kong Stock Exchange showed that Shuangdeng Co., Ltd. had passed the HKEX listing hearing.

Shuangdeng Co., Ltd. was established in 2011 in Taizhou City, Jiangsu Province. At its inception, the company’s main business was energy storage for communication base stations, and it gradually established long-term cooperative relationships with communication operators such as China Mobile, China Unicom, China Telecom, and China Tower, and equipment providers. In overseas markets, the company successfully entered the supply chains of world-renowned enterprises such as Ericsson, Vodafone, and Telenor.

With business expansion, the company gradually shifted its focus to data center energy storage. In 2018, it keenly captured the demand in the data center market and successively reached cooperation agreements with Alibaba, JD.com, Baidu, GDS, and Chindata. In 2022, the company built China’s first large-scale “backup power + energy storage” composite energy storage project for data centers and successfully supplied products to the Xiong’an Urban Computing Center. The company’s data energy storage products have been applied in hundreds of data centers.

In addition, Shuangdeng Co., Ltd. is also committed to expanding its influence in the electric power energy storage field, exploring market opportunities in large-scale grid energy storage, commercial energy storage, and residential energy storage.

According to data from the China Energy Storage Alliance, in 2024, Shuangdeng Co., Ltd. ranked first globally in shipments of base station/data center backup batteries.

In terms of customers, as of the end of 2024, the company had served five of the world’s top ten communication operators and equipment providers, nearly 30% of the world’s top 100 communication operators and equipment providers, as well as China’s top five communication operators and equipment providers. The company served 80% of China’s top ten self-owned data center enterprises and 90% of China’s top ten third-party data center enterprises. In 2022, 2023, and 2024, the average service duration for the company’s top five customers exceeded ten years.

In financial performance, the company’s business results have steadily grown in recent years. From 2022 to 2024, revenue was RMB 4.072 billion, RMB 4.260 billion, and RMB 4.499 billion, respectively, with net profits of RMB 281 million, RMB 385 million, and RMB 353 million, and gross profit margins of 16.9%, 20.3%, and 16.7%, respectively. In the first five months of 2025, the company’s revenue was approximately RMB 1.867 billion, achieving a net profit of approximately RMB 127 million.

Among these, compared with the five months ended May 31, 2024, revenue for the same period in 2025 increased from RMB 1.3492 billion to RMB 1.8666 billion. The core driving force was the growth in demand for data storage and processing, which drove an increase in battery sales revenue for data centers — revenue from the data center business in the same period rose from RMB 397 million to RMB 872.9 million, an increase of nearly 120%.

United States: Risen Energy Successfully Delivers 40MW/401.28MWh Energy Storage Project in California

By: Risen Energy

Recently, Risen Energy successfully shipped 80 sets of liquid-cooled energy storage containers to the United States. This batch of energy storage systems will serve Middle River Power’s 40MW/401.28MWh power station. The power station will not only bring Middle River Power long-term and stable returns but also fully demonstrate Risen Energy’s outstanding technological innovation capability and strong delivery capacity, further expanding its influence in the North American market.

This project is located in California. As a leader in the U.S. new energy market, the California market has strict requirements for indicators such as energy storage system safety, energy efficiency, and land use. For the project, Risen Energy provided the eTron 5MWh liquid-cooled energy storage system, adopting a 0.25C storage design and a single-unit liquid cooling air-conditioning design, using the latest R513a clean refrigerant, which meets the U.S. Environmental Protection Agency’s requirements for low Global Warming Potential (GWP). Facing California’s extreme temperature environment of –30°C to 50°C, the eTron liquid-cooled energy storage system solution performed excellently, successfully solving common thermal management and uniformity issues in high-power applications and ensuring the continuous and stable operation of energy storage equipment; achieving coordinated operation of BMS, PCS, and Golden Shield system, with a five-level protection system from cell to system to ensure safety. In addition, innovative designs such as single-direction opening doors, mirror design, and square layout further save land use and enhance overall project efficiency. The application of these innovative technologies makes Risen Energy’s products stand out among similar products.

Risen Energy has extensive experience in the energy storage market, with projects across China, Australia, Europe, the United States, and the Asia-Pacific region, and has successfully implemented more than 400 energy storage projects. The successful delivery of this 402MWh California energy storage project is yet another strong proof of its powerful capabilities.

In 2025, Risen Energy officially entered the inverter sector and launched three integrated solar-plus-storage solutions for different scenarios—Shengjia, Shengqi, and Shengneng—precisely meeting the diversified needs of residential, C&I, and large-scale ground-mounted power plants, further expanding its competitiveness and influence in the global energy market. In the future, Risen Energy will actively expand into the global market, help drive the global energy transition, and contribute more to achieving sustainable development goals.

Jiangxi: 600MW/1.2GWh! Two Major Energy Storage Projects Signed

According to information from the official website of the Shangrao Economic and Technical Development Zone, Jiangxi Railway & Aviation Technology Co., Ltd. will invest 850 million yuan in the construction of a 300MW/600MWh independent energy storage power station project, and Jinko Power Technology Co., Ltd. (601778) will invest 850 million yuan in the construction of a 300MW/600MWh shared energy storage power station project. Both projects have recently settled in Shangrao City, Jiangxi Province.

It is reported that after the two projects are completed and put into operation, each will be able to achieve an annual charge-discharge capacity exceeding 180 million kWh and an annual output value exceeding 150 million yuan.

Public information shows that Jiangxi Railway & Aviation Technology Co., Ltd. was established in December 2020 as a wholly owned subsidiary of Jiangxi Railway and Aviation Investment Group Co., Ltd., a provincial state-owned enterprise in Jiangxi. The latter was established in November 2006 with a registered capital of 20.264 billion yuan. It is the main body for railway and aviation investment, construction, and operation in Jiangxi Province, and is a comprehensive industrial group integrating financial capital, road-adjacent resource development, modern logistics services, and technological innovation.

Jinko Power Technology Co., Ltd. was established in July 2011, with its headquarters located in Shanghai, and was listed on the Main Board of the Shanghai Stock Exchange in May 2020. The company focuses on the downstream industry chain of the photovoltaic power generation industry, with business covering photovoltaic power plant development, EPC, intelligent operation and maintenance, and integrated energy services.

The energy storage business is one of Jinko Power Technology's core strategic tasks for 2025. The company has already deployed energy storage business in multiple locations nationwide, covering various application scenarios including the power generation side, grid side, and user side. As of the end of 2024, Jinko Power Technology held independent energy storage power stations with a total scale of 298MWh, with an annual addition of 55MWh of grid-side energy storage and 18MWh of user-side energy storage, and newly obtained registered energy storage project capacity exceeding 1,970MWh. At the same time, relying on a large number of resources developed and reserved in the past, multiple energy storage projects exceeding 1 GWh are in the pipeline.