Latest News
2.1GW+7.75GWh! China Power Construction Group Signed One of the Largest Solar-Plus-Storage Projects in the UAE
Recently, China Power Construction Group officially signed the EPC contract for the 2.1GW + 7.75GWh RTC solar-plus-storage project in Abu Dhabi, United Arab Emirates (UAE), with a contract value of approximately RMB 13.962 billion. As one of the largest integrated solar-plus-storage projects in the Middle East and even the world, the signing of the contract marks the project’s transition into the full implementation phase, which is projected to be delivered in 2027.
Recently, China Power Construction Group officially signed the EPC contract for the 2.1GW + 7.75GWh RTC solar-plus-storage project in Abu Dhabi, United Arab Emirates (UAE), with a contract value of approximately RMB 13.962 billion. As one of the largest integrated solar-plus-storage projects in the Middle East and even the world, the signing of the contract marks the project’s transition into the full implementation phase, which is projected to be delivered in 2027.
Amid the accelerating global energy transition and the impact of geopolitical on energy supply, solar-plus-storage systems, as independent and controllable energy solutions, is witnessing an explosive growth in demand. Industry forecasts suggest that large-scale solar-plus-storage projects are being tendered in rapid succession worldwide, with the Middle East emerging as a key engine of market demand, providing significant growth opportunities for the energy storage sector.
Notably, the overseas business of China Power Construction Group has demonstrated strong performance this year. Data indicates a significant increase in the share of overseas operations. According to the company’s operational report of January-February 2026 released on March 12, China Power Construction Group signed RMB 147.893 billion in new contracts during the first two months of the year. Among them, overseas contracts reached RMB 40.888 billion, representing a year-on-year increase of 19.92%. Despite broader market pressures, overseas business continued to expand, with its share of newly signed contracts rising from around 21% in the same period last year to approximately 27%.
Register now to attend Asia’s Largest Energy Storage Trade Show for free:
What: The 14th Energy Storage International Conference & Expo
When: Conferences: March 31 - April 2, 2026
Exhibitions: April 1-3, 2026
Where: CIECC Beijing, China
Address: No. 55 Yudong road, Shunyi District, Beijing China
500MWh！BYD Energy Storage Has Commissioned Its Largest Energy Storage Project in East Europe
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.
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. It is also BYD Energy Storage’s largest energy storage project in East Europe so far, fully demonstrating its technological capabilities and continued expansion of its global footprint. Since the cooperation agreement was signed in December, 2024, leveraging BYD Energy Storage’s own technological advantage together with CountourGlobal’s strong industry influence, the two parties have worked together to promote project deployment, laying solid foundation for long-term partnership, deeper penetration of the European market and enhanced brand presence in the Eastern European renewable energy sector.
BYD Energy Storage has confirmed its participation in the 14th Energy Storage International Conference and Expo(ESIE 2026), register now to attend Asia’s Largest Energy Storage Trade Show for free:
What: The 14th Energy Storage International Conference & Expo
When: Conferences: March 31 - April 2, 2026
Exhibitions: April 1-3, 2026
Where: CIECC Beijing, China
Address: No. 55 Yudong road, Shunyi District, Beijing China
Tianneng Signs a 1GWh Project in Malaysia, Build a benchmark for Integrated “Solar- Storage- Computing”Solutions
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.
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.
It is said that phase I of the project plans to build a 250MW solar infrastructure together with Tianneng’s independently developed liquid cooing energy storage system. Leveraging Malaysia’s “CRESS” programme, the project will provide zero-carbon electricity to local AI computing infrastructure through signing direct power purchase agreement(PPA). The move marks an important breakthrough for Tianneng Group’s energy storage business in large-scale infrastructure development in Southeast Asia.
Register now to attend Asia’s Largest Energy Storage Trade Show for free:
What: The 14th Energy Storage International Conference & Expo
When: Conferences: March 31 - April 2, 2026
Exhibitions: April 1-3, 2026
Where: CIECC Beijing, China
Address: No. 55 Yudong road, Shunyi District, Beijing China
CORNEX Secures a 6GWh Energy Storage Order in Egypt, Successfully Expanding Into the North African Market
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.
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.
Under the agreement, Weacan and Kemet will serve as the core facilitator for project implementation. Leveraging their extensive local industrial resources and proven project execution experience in Egypt, the two partners will take full charge of services including scenario alignment, coordination of government approvals, grid connection support, and localized operation and service delivery, providing solid guarantee for the large-scale implementation of Cornex’s energy storage products. As the core technology and product supplier, Cornex will deliver high-quality energy storage systems in phases, with a total supply capacity of up to 6GWh, ensuring the safe and stable operation of its products in Egypt’s power system and providing full life-cycle technical support services.
Located on the eastern edge of the Sahara Desert, Egypt is endowed with abundant solar and wind resources, offering uniquely favourable conditions for the development of “solar power, wind power+energy storage” solutions. In recent years, Egypt has actively advanced its energy transition, setting a clear target to raise the share of renewable energy generation to 42% by 2030. The country has commissioned several hundred-megawatt-scale energy storage demonstration projects and plans to add over 10GWh energy storage capacity on the grid side to date. As market demand continues to accelerate, Egypt’s energy storage industry is entering a phase of rapid growth.
The 6GWh cooperation on energy storage procurement marks not only an important breakthrough for Cornex in the North African market but a concrete example of green energy cooperation between China and Egypt within the framework of the Belt and Road Initiative. Once commissioned, the project will effectively increase the local grid’s peak-shaving and frequency-regulation capability, facilitate the large-scale grid connection and integration of clean energy like solar power so as to help Egypt built a more flexible, reliable and low-carbon new-type power system.
At present, Cornex has built four major regional service centers with China, Europe, North America and Australia as a core, forming a globalized service network. This system enables full life-cycle services from product delivery to technical consulting, installment and operation and maintenance support. Backed by its independently developed core technologies, high-safety system designs and accurate response to diverse market demand, Cornex has achieved mass commission and landmark projects deployment in more than 60 countries and regions with its brand influence and customer recognition continuing to grow.
Looking ahead, Cornex will continue to uphold an open and win-win cooperation, deepen collaborations with international strategic partners across technology, channels, and ecosystem resources, and accelerate the expansion of its global business footprint through complementary strengths and localized integration.
Cornex New Energy has confirmed ins participation in the 14th Energy Storage International Conference and Expo (ESIE 2026), register now to attend Asia’s Largest Energy Storage Trade Show for free:
What: The 14th Energy Storage International Conference & Expo
When: Conferences: March 31 - April 2, 2026
Exhibitions: April 1-3, 2026
Where: CIECC Beijing, China
Address: No. 55 Yudong road, Shunyi District, Beijing China
Two Industry Giants Join Forces! SINOPEC and LG Chem to Jointly Develop Core Materials for Sodium-Ion Batteries
Source: Yonhap News Agency
On November 4, South Korea’s chemical giant LG Chem announced that it had recently signed a joint development agreement with China Petroleum & Chemical Corporation (SINOPEC) to cooperate on the development of core materials for sodium-ion batteries.
According to the agreement, the two companies will jointly develop cathode and anode materials, which are key components of sodium-ion batteries, and work together to build a stable supply chain while enhancing cost competitiveness. The partnership will focus on promoting the diversified development of sodium-ion battery businesses targeting both global energy storage system (ESS) and electric vehicle (EV) markets, including China. The two sides also plan to expand their cooperation into clean energy and high value-added materials in the future.
LG Chem Vice Chairman Shin Hak-Cheol stated that the company will collaborate closely with SINOPEC to accelerate the development of next-generation battery materials and further strengthen its business portfolio aligned with customers’ future strategies.
SINOPEC Chairman Hou Qijun noted that the cooperation on sodium-ion battery materials will enhance both sides’ technological and market competitiveness, contributing to energy transition and sustainable development.
A signing ceremony for the joint development agreement between LG Chem and SINOPEC was held recently. (Photo by LG Chem)
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