Macro
State Grid and CEE jointly discuss high-quality development of energy and electricity
State Grid Corporation of China Chairman Zhang Zhigang and General Manager Zhang Wenfeng held talks with China Electric Equipment Group Chairman Li Hongfeng and General Manager Yan Huafeng at the headquarters. Both sides agree that the equipment manufacturing industry is a core component of the modern industrial system and plays an important role in safeguarding national security and promoting high-quality development. Around the development goals of energy and power in the 15th Five Year Plan, both sides will strengthen the coordination of the industrial chain and enhance their independent and controllable capabilities; Deepen forward-looking technological cooperation and promote the integration of technology and industrial innovation; Strengthen cooperation in major engineering support to ensure project safety and quality; Expand international business cooperation and provide high-quality services to jointly build the the Belt and Road.Editor/Yang Meiling
Henan Zhengzhou Railway adds 57 night trains
China Railway Group Zhengzhou Bureau will add 57 night high-speed trains from February 8 to February 15, 2026. Continuously expanding the transportation capacity of popular lines such as the Beijing Guangzhou high-speed railway, Beijing Shanghai high-speed railway, Jinan Zhengzhou high-speed railway, Zhengzhou Chongqing high-speed railway, and Zhengzhou Fuzhou high-speed railway, providing more choices for passengers' travel. The newly added night high-speed rail mainly runs to Beijing, Shanghai, Hangzhou, Guangzhou, Shenzhen and other directions. Editor/Cheng Liting
The basic framework of China's digital twin water conservancy system has been formed
The framework of China's digital twin water conservancy system has been basically formed, and efforts are being made to continuously promote better water treatment outcomes for the benefit of the people. In the construction of digital twin watersheds, 94 pilot tasks have been fully completed, and a number of replicable and promotable typical practice cases have been created; In terms of the construction of digital twin water networks, 14 provincial-level water network pilot zones will be promoted in batches to gradually improve the digital control efficiency of water networks; In the construction of digital twin water conservancy projects, 11 key projects such as the Three Gorges Dam and the South to North Water Diversion Project have been put into practical application. 49 digital twin irrigation areas have been piloted, and 230 digital twin rural water supply projects have achieved phased results. Editor/Cheng Liting
Global energy investment reaches $2.3 trillion
By 2025, global energy investment will reach 2.3 trillion US dollars, a year-on-year increase of 8%. Among them, the investment in electrified transportation is 893 billion US dollars, and the investment in renewable energy is 690 billion US dollars. The data center investment is about 500 billion US dollars, surpassing solar photovoltaic investment for the first time. China leads with $800 billion investment, but renewable energy financing has declined.Editor/Gao Xue
Anhui will start over 2000 key projects by 2026
In 2026, Anhui Province will implement an effective investment promotion campaign, with over 2000 key projects starting throughout the year. During the 14th Five Year Plan period, the gross domestic product of Anhui Province has crossed two trillion yuan steps, with an average annual growth rate of 5.7%; The revenue of industrial enterprises above designated size has risen to fifth place, entering the ranks of major industrial provinces, and the high-quality development index of the manufacturing industry has risen to sixth place in the country. By 2025, the gross domestic product of Anhui region will reach 5.3 trillion yuan, with a growth rate of 5.5%; The total import and export volume has exceeded one trillion yuan; The actual growth rate of foreign investment utilization ranks first in the country. Editor/Cheng Liting
By 2025, the added value of China's machinery industry will increase by 8.2%
On February 5th, the China Machinery Industry Federation released data showing that the added value of enterprises above designated size in the machinery industry will increase by 8.2% year-on-year in 2025, with a growth rate higher than that of the national industrial and manufacturing industries. The annual automobile production and sales have remained the world's top for 17 consecutive years, with industrial robot production increasing by 28% to 773000 sets. The industry's revenue has exceeded 33 trillion yuan, with a total profit of 1.7 trillion yuan. By the end of 2025, the number of specialized, refined, and new enterprises in the mechanical industry will account for over 30% of the national total. It is expected that the industry will maintain stable operation in 2026, with a main indicator growth rate of about 5.5%.Editor/Yang Meiling
China and Laos jointly declare 2026 as the 'Good Year for China and Laos'
On February 5th, General Secretary of the Communist Party of China Central Committee and President Xi Jinping replied to General Secretary of the Lao People's Revolutionary Party Central Committee and President Thongloun, jointly announcing that 2026 will be designated as the "China Laos Friendship Year" and launching a series of celebration activities.Editor/Yang Meiling
Qinghai Clean Energy Industry Highland Research Group deploys key tasks for 2026
The Northwest Energy Regulatory Bureau, in conjunction with the Qinghai Provincial Energy Bureau, recently held the 2025 annual summary meeting of the Qinghai Construction National Clean Energy Industry Highland Research Group, releasing four research results, including a study on the utilization efficiency of new energy in Qinghai's 15th Five Year Plan, a study on the path of multi energy complementary integration, a study on the development prospects of the solar thermal industry chain, and the research and application of new energy storage technologies. The meeting also deployed the key research work for 2026, emphasizing the need to strengthen research in new energy storage, solar thermal and other fields to support the high-quality development of Qinghai's clean energy industry.Editor/Yang Meiling
Two ministries introduce independent energy storage capacity pricing policies
The National Development and Reform Commission and the National Energy Administration recently issued a notice on improving the capacity pricing mechanism on the power generation side, clarifying that capacity pricing will be given to independent new energy storage power stations on the grid side that serve the safe operation of the power system and do not participate in distribution and storage. The electricity price standard is based on the local coal-fired power capacity electricity price, converted according to a certain proportion based on peak capacity, with a maximum conversion ratio not exceeding 1, and taking into account the construction of the electricity market and system demand, further promoting the large-scale development of new energy storage.Editor/Yang Meiling
Ruipu Lanjun's first profit of 2 billion by 2025! Multi track product development
On February 2, 2026, Ruipu Lanjun announced that it is expected to make its first profit in 2025, with a net profit of 630 million to 730 million yuan, a turnaround of about 2 billion yuan from 2024. This is due to the increase in shipments of power and energy storage batteries driving revenue growth, and the improvement in capacity utilization and cost reduction and efficiency improvement driving gross profit growth. In 2024, its losses will be significantly reduced, with shipments exceeding 23GWh in the third quarter. In 2025, Ruipu Lanjun will focus on the three major sectors of energy storage, passenger vehicles, and commercial vehicles, launching multiple battery cells and system products in various segmented tracks to accurately capture growth potential points. Editor/Cheng Liting
China's new energy storage installed capacity exceeds 130 million kilowatts
On January 30, 2026, Bian Guangqi, Deputy Director of the Energy Conservation and Technology Equipment Department of the National Energy Administration, announced at a regular press conference that by the end of 2025, the installed capacity of new energy storage in China had reached 136 million kilowatts/351 million kilowatt hours, an increase of 84% from the end of 2024 and more than 40 times from the end of the 13th Five Year Plan. The average energy storage time had increased to 2.58 hours. From a regional distribution perspective, North China and Northwest China have become the growth cores, with installed capacity accounting for 32.5% and 28.2% of the country's total, respectively. In 2025, the newly installed capacity in the two regions will be 21.88 million kilowatts and 19.66 million kilowatts respectively, accounting for a total of 66.8% of the country's total new capacity.Editor/Yang Meiling
Zhiguang Electric's profit forecast increases
At the beginning of the 15th Five Year Plan in 2026, State Grid and Southern Power Grid launched a nearly 5 trillion yuan investment plan, with energy storage becoming a key development focus. Zhiguang Electric announced on the evening of January 27th that it expects a net profit attributable to the parent company of 110 million to 160 million yuan in 2025, a year-on-year increase of 133.69% to 149.01%, achieving a turnaround from losses to profits, mainly due to the rapid development of energy storage business and significant growth in orders and revenue. The company's cascaded high-voltage energy storage system is adapted to the three major upgrade areas of the power grid and has been successfully implemented in energy storage projects in Inner Mongolia, Gansu and other places. It is expected to further grow in the new round of power grid construction.Editor/Gao Xue
Tech giants enter the coastal nuclear power market
In 2026, technology and new energy enterprises are accelerating their entry into the coastal nuclear power field. Alibaba recently invested in the Xiangshan nuclear power project in Zhejiang, locking in clean energy for its computing center. Geely Group continues to participate in the Wenzhou San'ao Nuclear Power Project, with an increased shareholding ratio, forming a new pattern of "central enterprises leading and private capital empowering". Meanwhile, companies such as CATL and Tesla provide support for the stable operation of nuclear power through energy storage cooperation and other means. This move conforms to the trend of relaxing the policy of private investment in nuclear power, highlighting the importance of nuclear power in ensuring energy security and supporting computing power demand.Editor/Gao Xue
Hunan promotes the integrated development of transportation and energy
On January 26, 2026, the Development and Reform Commission of Hunan Province issued the "Implementation Opinions on Promoting the Integrated Development of Transportation and Energy in Hunan Province". The opinion clearly states that newly built or renovated transportation hubs such as railway stations, airport hubs, ports, and bus stations need to reserve photovoltaic construction conditions on the roof, and reserve construction conditions for energy storage facilities and prefabricated substations in the site area. The document encourages transportation stations to build energy storage systems as needed, establish an integrated microgrid system of source, network, load, and storage, and advocate the priority use of renewable energy such as geothermal energy and air energy for cold and hot supply. This move aims to strengthen the integration and mutual assistance between the power grid and the transportation network, plan energy storage facilities in advance to support the medium and long-term energy demand in the transportation sector, and achieve infrastructure co construction and coordinated development.Editor/Yang Meiling
Multiple provinces finalize 2026 water conservancy investment plan
At the beginning of 2026, several provinces have held annual water conservancy work conferences and clarified investment plans. Fujian Province plans to invest 50 billion yuan, Henan Province aims to exceed 60 billion yuan, and Shanxi Province expects to invest over 22 billion yuan. Hebei Province emphasizes that it will continue to maintain a high level of water conservancy investment. The official proposal is that by 2026, the national water conservancy construction will maintain a large-scale and high-level trend, and the planning of each province has formed a hierarchical layout. Hubei Province plans to promote a number of major water network projects and has established a billion yuan water conservancy industry fund by 2025 to prepare for major water conservancy project investments during the 15th Five Year Plan period.Editor/Gao Xue
The wave of lithium battery capacity expansion continues
At the beginning of 2026, the production capacity of lithium iron phosphate materials and batteries will continue to expand. Fulin Precision's subsidiary plans to invest 6 billion yuan in Inner Mongolia to build a high-end lithium iron phosphate project with an annual output of 500000 tons. Wanhua Chemical has established a new energy materials company with a registered capital of 740 million yuan in Laizhou, Shandong, to serve its huge plan of producing 650000 tons of lithium iron phosphate annually. A project with an annual output of 400000 tons of lithium iron phosphate cathode material in Leshan, Sichuan has also entered the stage of environmental impact assessment and public announcement. At the same time, emerging technology routes are accelerating their implementation. The world's first 10000 ton sodium iron sulfate positive electrode material base in Meishan, Sichuan has been put into operation, the 280000 ton lithium hexafluorophosphate technological transformation project in Chizhou, Anhui has been promoted, and the 20000 ton silicon carbon negative electrode project has been signed in Inner Mongolia. In addition, Hubei Chuneng New Energy signed an order to export 6GWh energy storage products to Egypt.Editor/Gao Xue
Beijing will focus on cultivating future energy in 2026
On January 21, 2026, the Beijing Municipal Bureau of Economy and Information Technology issued a notice on carrying out the "Creating a Winning Future" growth plan in 2026, which clearly listed hydrogen energy, new energy storage, carbon capture and storage utilization, fusion energy, and other key areas for future energy cultivation. According to the policy, enterprises that participate in public roadshows can obtain tiered support of no more than 10 million yuan through the "allocation to investment" method, and agree on conversion conditions. Innovation teams need to complete enterprise registration before they can receive support, with the aim of promoting technological innovation and industrial transformation in the energy sector.Editor/Yang Meiling
Three departments release typical cases of energy cost custody for public institutions
On January 20, 2026, the State Administration of Civil Affairs, the National Development and Reform Commission, and the Ministry of Finance jointly released a list of typical cases of energy cost trusteeship for public institutions. A total of 30 typical cases and 25 shortlisted cases were included. In the list, multiple comprehensive energy service companies under State Grid and Southern Power Grid have been selected, including State Grid Anhui, Tianjin, Jiangsu, Zhejiang, Hunan, Shandong, Sichuan, and Southern Power Grid related enterprises. The notice requires all regions to actively promote and publicize these cases, guide public institutions at all levels to learn and draw on them, and promote the widespread application and practice of the energy cost custody model in Chinese public institutions.Editor/Yang Meiling
Ningxia Standardizes 2026 Grid Side Energy Storage Projects
The Ningxia Development and Reform Commission recently issued a notice to further standardize the management of electrochemical energy storage projects on the grid side in 2026. The notice emphasizes that the project list will be scientifically determined, project supervision will be strengthened, and the construction of listed projects will be accelerated. It is explicitly stipulated that projects included in the annual construction list must achieve substantial construction within 6 months after the list is announced, and be completed and connected to the grid within 12 months. The substantial commencement of construction is marked by the completion of the first quality supervision inspection and the pouring of the first tank of concrete for important facilities such as energy storage systems. The completion of grid connection is marked by obtaining the grid connection notice from the power grid enterprise. In addition, only projects included in the list can apply for grid access review or delayed review and grid connection acceptance, aiming to firmly prevent project reselling and ensure the orderly progress of the project.Editor/Yang Meiling
Five departments issue documents to promote the construction of zero carbon factories
On January 19, 2026, the Ministry of Industry and Information Technology and five other departments jointly issued the "Guiding Opinions on Carrying out Zero Carbon Factory Construction Work". The document proposes to encourage factories with the necessary conditions to build industrial green microgrids, integrating photovoltaic, wind power, waste heat recovery, as well as new energy storage, high-efficiency heat pumps and other technologies to achieve multi energy complementarity and efficient utilization. This guidance aims to promote factories towards zero carbon goals through systematic energy management, and provide specific implementation paths for the green and low-carbon transformation of China's industrial sector.Editor/Yang Meiling
Xinjiang promotes the nearby consumption of new energy
On January 19, 2026, the Development and Reform Commission of Xinjiang Uygur Autonomous Region issued a notice to accelerate the work of local consumption of new energy. The notice clearly states that efforts will be made to accelerate the development of green power direct connection, strengthen energy development around new loads, promote the direct supply of new energy to single users, and require the integration of power sources, loads, energy storage, etc. into the public power grid, forming a clear physical and safety responsibility interface. In addition, the document supports the implementation of green power direct connection for existing loads of self owned power plants, and improves the level of new energy consumption by reducing the output of self owned power plants. At the same time, we will explore the participation of outward oriented stock loads in local consumption, and encourage the adoption of new energy sources according to local conditions for loads in national zero carbon parks.Editor/Yang Meiling
The first batch of major projects in Anqing will start construction in 2026
At the beginning of 2026, Anqing City in Anhui Province held the first batch of major project mobilization, with 37 projects launched simultaneously. The total annual planned investment reached 6.61 billion yuan, providing solid project support for the high-quality development of the province. This project focuses on expanding effective investment and laying the foundation for a good start to the 15th Five Year Plan. The annual planned investment for manufacturing projects is 3.74 billion yuan, and the investment for infrastructure projects is 1.96 billion yuan. Representative projects include the new energy vehicle intelligent cockpit and automotive electronics manufacturing project in Anqing Economic Development Zone, and the Jinghan annual production of 600000 cubic meters of green building materials project in Huaining County, reflecting the key layout of advanced manufacturing and high-quality industries such as green building materials. This action is a specific measure to implement the unified deployment of the provincial party committee and government, and to vigorously promote the implementation and construction of major projects.Editor/Cheng Liting
Guangzhou deploys 2026 industrial blueprint
Guangzhou will focus on cultivating emerging future industries in 2026, with plans to promote the construction of over 10 billion yuan projects. The key layout includes expanding the demonstration operation of unmanned intelligent connected vehicles and accelerating the construction of projects such as Tianhe Aggregation Intelligent Industrial Park; Support the research and development of cutting-edge biopharmaceutical technologies such as brain computer interfaces and cell therapy, and establish characteristic industrial parks such as nuclear medicine; Plan and construct a low altitude industrial ecological city and equipment manufacturing park, and promote the development of a low altitude comprehensive hub in the Greater Bay Area; Accelerate the construction of major projects such as GAC's independent battery and Yuexin Phase IV. By implementing the eight key actions, building a "6+X" dynamic industrial system, cultivating one hundred leading enterprises, and systematically shaping new driving forces for development.Editor/Cheng Liting
Yunnan launches three-year action plan
Recently, Yunnan Province has officially issued the "Special Action Plan for High Quality Development of New Energy Storage in Yunnan Province (2025-2027)" to accelerate the construction of a new type of power system and improve the safe and stable operation level of the power grid. The plan specifies the overall goals and key tasks for the development of new energy storage in the province in the next three years, aiming to achieve an installed capacity of over 8 million kilowatts of new energy storage in the province by 2027, and promote its development towards scale and marketization. The technical route will mainly focus on lithium iron phosphate, and diversified development of various energy storage technologies such as sodium ion and all vanadium liquid flow.Editor/Yang Meiling
Austria's OMV secures € 123 million financing to build green hydrogen plant
In 2026, Huanggang City will systematically promote the layout of emerging industries and future industries, with semiconductor materials, low altitude economy, and intelligent robots as the key development directions. The government work report clearly states that it will accelerate the construction of projects such as Spark Wet Electronic Chemicals and Xinyao Semiconductor, and promote the completion and operation of key projects such as Sanlipu Polarizer and Desheng New Materials; Simultaneously promote the construction of Macheng and Yingshan general airports, lay out 15 unmanned aerial vehicle take-off and landing points, carry out pilot unmanned aerial vehicle logistics distribution in urban areas and Qichun, and open up multiple low altitude tourism routes; Relying on technology enterprises such as Kefeng Transmission, we will build a core component production base for humanoid robots, implement the "Data Element X" special action simultaneously, plan to promote 200 digital transformation projects, add 20 advanced intelligent factories, and build a new pattern of modern industrial system. Editor/Cheng Liting
The coverage rate of China's national water network exceeds 80%
The coverage rate of the national water network has reached 80.3%, and its strategic significance far exceeds the scope of engineering, becoming a key cornerstone for China to ensure water security and support high-quality development. Through key projects such as Huai River management and Chongqing Yuxi, the water network not only systematically solves the problem of uneven distribution of water resources, but also unleashes multidimensional value in water supply guarantee (such as enabling 5 million people in Hebei to bid farewell to bitter and salty water) and ecological restoration, such as the Mother River Revitalization Action. It is not only an important carrier for stabilizing investment and expanding domestic demand to activate the basin economy, but also lays a solid "water support" for China's long-term stability.Editor/Cheng Liting
Independent Energy Storage Denied Green Certificates for Discharge, NEA Says
On January 7, 2026, the National Energy Administration of China issued the "Implementation Rules for the Management of Renewable Energy Green Power Certificates (Trial)". The document clearly stipulates that independent energy storage facilities do not issue green certificates for the discharge of electricity. At the same time, renewable energy generation projects equipped with energy storage must measure the power generation facilities and energy storage facilities separately; For projects that have not been separately measured at this stage, green certificates will be issued based on the principle of deducting off grid electricity from on grid electricity. This regulation further standardizes the scope of green certificate issuance, which helps guide the compliant and orderly development of energy storage and renewable energy generation.Editor/Yang Meiling
Gold reserves increase for 14 consecutive months
According to data released by the State Administration of Foreign Exchange on January 7th, as of the end of December 2025, China's foreign exchange reserves amounted to 3357.9 billion US dollars, an increase of 11.5 billion US dollars from the end of November, achieving growth for the second consecutive month. The gold reserve data released on the same day showed that as of the end of December 2025, the central bank's gold reserves were 74.15 million ounces, an increase of 30000 ounces from the end of November. This is the 14th consecutive month that the People's Bank of China has increased its holdings of gold. The State Administration of Foreign Exchange stated that in December, the scale of foreign exchange reserves increased due to a combination of factors such as the decline in the US dollar index and changes in global asset prices. The basic trend of long-term economic growth in our country has not changed, which is conducive to maintaining basic stability in the scale of foreign exchange reserves. Editor/Gao Xue
Alxa strengthens power safety supervision
On January 5, 2026, the Industrial Commerce and Information Technology Bureau of Alxa Left Banner, Inner Mongolia issued a report on the situation of industry safety production. In terms of power safety, it is required to continuously respond to extreme weather conditions, urge enterprises to strengthen equipment insulation and inspection, ensure stable operation of the power grid, and prevent large-scale power outages. The notification emphasizes the need to strengthen safety management in key areas such as electrochemical energy storage power stations and maintenance construction, strictly implement various safety measures, resolutely prevent accidents such as combustion and explosion, and ensure the safety of power production.Editor/Yang Meiling
Announcement of the 9th Batch of Lithium Battery Industry Standardization List in 2025
On December 29, 2025, the Electronic Information Department of the Ministry of Industry and Information Technology of China announced the list of enterprises that meet the "Lithium ion Battery Industry Standard Conditions" (9th batch), with a total of 36 enterprises publicly disclosed. The enterprises involved in the energy storage field include Jiangxi Ganfeng Lithium Battery Technology Co., Ltd., Yichun Guoxuan Battery Co., Ltd., and China Automotive New Energy (Qingdao) Battery Technology Co., Ltd.Editor/Yang Meiling