Carrie Xiao examines some notable recent partnerships and supply agreements for Chinese energy storage players in the Middle East, Europe, Africa and Australia.
State-owned energy company Synergy has completed the 500MW/2,400MWh Collie Battery Energy Storage System (CBESS) in Western Australia, establishing Collie as home to Australia’s largest operational battery energy storage system (BESS).
Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?
The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.
Lithium-ion OEM Hithium’s failed Hong Kong listing amidst a lawsuit from larger competitor CATL may point to wider industry trends, with an increasingly competitive and larger battery industry meaning ever higher stakes.