CATL has opened what it describes as the “world’s largest and most comprehensive testing and validation platform for energy storage systems” at its headquarters in Ningde, China.
On May 20, JA Solar announced the appointment of Wang Junsheng as president of its energy storage subsidiary, with the appointment taking immediate effect.
Sodium-ion may be increasingly competitive for projects where total lifecycle economics matter more than initial procurement cost alone, the CEO of HyperStrong told us after the system integrator signed a 60GWh supply and co-operation agreement with CATL.
Chinese industrial automation and power technology firm Inovance Technology has filed its prospectus with the Hong Kong Stock Exchange, planning to raise around US$2 billion (RMB 13.7 billion) following strong growth in its energy storage business.
China-headquartered energy storage firm Gotion and US power electronics manufacturer Richardson Electronics have partnered to manufacture BESS. It comes at a time when Chinese companies are starting to sell down stakes in US assets amid new FEOC rules.
A total of 4.5GW/12.8GWh of large-scale BESS capacity when into operation around the world last month, with Asia and South America showing strong figures.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
