During the 14th Five-Year Plan period, China’s energy storage technology mix witnessed noticeable changes where pumped hydro storage accounted for less than 40% for the first time while the new-type energy storage represented by lithium batteries saw explosive growth.

On January 8, 2026, a 500MWh standalone Battery Energy Storage System(BESS) project located at Maritsa East 3 in Bulgaria was officially commissioned. The project was the jointly developed by BYD Energy Storage and ContourGlobal under their strategic collaboration which is one of the largest standalone energy storage projects in East Europe.

Recently, Tianneng Group signed a strategic agreement with NASDAQ-listed company VCIG Group. The two parties will build a 1GWh AIDC solar energy storage power station in Malacca, Malaysia. The project aims to address the high-energy-consumption challenge of AIDC and will be developed under an “EPC+F” model.

Global tech giant Amazon has been approved as the buyer of the 1.2GW Sunstone solar project in Oregon, one of the largest solar PV projects in the US.

On January 16th, a 107.12MW/428.48MWh green hydropower-based aluminium user-side energy storage project jointly developed by Great Power and Henan Zhongfu Industry was officially commissioned in Guangyuan, Sichuan Province.

Expanding effective investment is a key lever for stabilizing growth and improving people’s livelihoods. According to China Southern Power Grid, the company has embarked RMB 180 billion for fixed-asset investment in 2026, marking a record high for fifth consecutive year, with an annual growth rate of 9.5%. Investment will be directed primarily toward the development of a new-type power system, the growth of strategic emerging industries and the enhancement of high-quality power supply services, providing solid support for a strong start to the 15th Five-Year Plan period.

On January 16th, Cornex New Energy signed a strategic cooperation agreement with Egypt-based partners WeaCan and Kemet.

The agreement was signed by Dai Deming, chairman of Cornex New Energy and Ahmed Salaheldin Abdelwahab Elabd, Chiarman of the Board of Kemet. The signing ceremony was witnessed by Moustafa Kamal Esmat Mahmoud, minister of Egypt’s Ministry of Electricity and Renewable Energy, along with other government officials and senior executives from relevent enterprises.

The Phase I 100MW/200MWh Nanlang energy storage power station, supplied by Sineng Electric, has now been successfully commissioned and put into operation. As the first large-scale standalone energy storage project on the grid side to be completed and commissioned in Zhongshan, China, the facility not only injects enhanced flexibility into the regional power grid, but establishes efficient and reliable revenue mechanism through an innovative frequency regulation service model.

In December 2025, the 500MW/2000MWh energy storage project was successfully grid-connected in Dengkou, Inner Mongolia. The energy storage station, standing proudly under the winter sun, is the first GWh-level project delivered by JD Energy. It not only set a new record for the scale of a single project but marked a significant milestone in the company’s development with its outstanding construction achievements.