Enterprise
Huaneng 2GW wind power centralized procurement bid opening, Dongfang Electric pre wins bid
On March 6, 2026, the centralized procurement and bidding for the nearly 2GW wind power project of Huaneng Group was opened, and Dongfang Electric became the first candidate to win the bid for the 240MW section with a quotation of about 367 million yuan. This project requires a single machine of 6.25MW to 8MW, with an impeller diameter of not less than 220 meters, and a 160 meter truss tower, reflecting the trend of onshore wind power large sizing and scene customization.Editor/Gao Xue
1.5GW floating wind power project signed in Celtic Sea, UK
In March 2026, Ocean Winds signed a lease agreement with Royal Land and officially obtained the right to develop a 1.5 GW floating offshore wind power project in the Celtic Sea. The project is located off the coast of Wales, with a water depth of 71 to 88 meters, and is expected to be put into operation in the mid-2030s. At this point, all 4.5 GW sites planned for the fifth round of floating wind power auctions in the UK have been signed.Editor/Gao Xue
Ningde Times and Ningde Municipal Government jointly build Haiwan New City
Recently, the Ningde Municipal Government and Ningde Times officially signed a "Zero Carbon · Technology" Gulf City Strategic Cooperation Agreement. This cooperation is centered around zero carbon and technology, with 33 specific contents planned around 8 aspects including global headquarters, battery research and development, production capacity, application scenarios, and zero carbon ecology. At present, Ningde City has become the world's largest production base for polymer lithium-ion batteries, with a total production capacity of over 370GWh in operation and under construction.Editor/Yang Meiling
Xiehe New Energy and Bain Capital join hands to explore hydrogen energy solutions
Recently, Xiehe New Energy Group signed a memorandum of understanding with Bridge Data Centers, a subsidiary of Bain Capital, in Singapore. According to the agreement, both parties will jointly explore diversified energy supply solutions that integrate renewable energy and hydrogen energy globally to support the low-carbon transformation of data centers. The focus of cooperation includes researching hydrogen power generation technology paths, conducting system integration design, evaluating energy storage deployment, and optimizing power procurement mechanisms. Among them, the plan is to launch Singapore's first barge based hydrogen power generation solution specifically designed for AI digital infrastructure.Editor/Yang Meiling
Huawei releases new generation of green AI sites and GW level AIDC solutions
Recently, during MWC26 Barcelona, Huawei Digital Energy held a product and solution launch event. Huawei's Vice President of Digital Energy, He Bo, has officially released the new generation of AI green sites and GW level AIDC solutions.Editor/Yang Meiling
The unit price of CCEED Shandong project has fallen below 1 yuan/Wh
On March 2, 2026, Yuncheng Tanglu New Energy Co., Ltd. announced the winning bid for the 200MW/400MWh energy storage power station demonstration project. China Construction Eighth Engineering Division Fourth Construction Co., Ltd., in collaboration with multiple companies, won the bid with a price of approximately 399.7 million yuan, with a project unit price as low as 0.999 yuan/Wh, attracting industry attention.Editor/Yang Meiling
Goldwind Green Methanol Project Approved
The green methanol phase III project invested by Goldwind Green Energy Chemical Co., Ltd. with 2.3 billion yuan has been officially approved. The project is located in Xing'an League Economic and Technological Development Zone, with an annual output of 725000 tons of green methanol. It is planned to start construction in May 2026. The project adopts biomass gasification technology. The first phase with an annual output of 250000 tons has been completed, and the environmental impact assessment for the second phase with an annual output of 600000 tons has been accepted.Editor/Gao Xue
7.4 billion compressed air energy storage project landed in Inner Mongolia
Recently, Shenneng Energy completed the registration change and approval of the grid side compressed air energy storage project in Xiwuzhumuqin Banner, Xilingol League, Inner Mongolia. Compared to the previous plan, the project has expanded its land area from 500 acres to 700 acres. The total investment of this project is as high as 7.4 billion yuan, and a new compressed air energy storage demonstration power station with a scale of 1050MW/420MWh will be built, using non supplementary combustion technology route.Editor/Yang Meiling
Chint Power signs contract for Romanian photovoltaic project
Shanghai Chint Power Systems Co., Ltd. has signed a cooperation agreement with ENEVO Group, the Romanian EPC general contractor, to provide core equipment such as inverters for the Ogrezeni 761 MWp photovoltaic project in Romania. The project is located in Jiu'erjiu County and is one of the largest single photovoltaic projects in Europe. Both parties will work together to create a European photovoltaic demonstration project.Editor/Gao Xue
China Energy Engineering won the bid for Chongqing 7.5 billion coal-fired power project
The bidding candidates for the main project of the Shaanxi Coal Power Hechuan 2 × 1000MW clean coal-fired power expansion project with a total investment of 7.55 billion yuan have been announced. The subsidiary of China Energy Engineering Corporation has won the first place in both sections A and B with accurate quotations, with a difference of only a few hundred thousand yuan compared to the second place subsidiary of China Electric Power Construction Corporation. The project is located in Hechuan District, Chongqing, and adopts ultra supercritical clean coal-fired power technology. After completion, it will enhance the stability of energy supply in the Chengdu Chongqing region.Editor/Gao Xue
Far East Group's energy storage contract amount exceeded 300 million yuan in February
Far East Corporation announced on March 2nd that its subsidiary has won the bid for a project. According to the announcement, in February 2026, the total amount of contracts and orders worth over 10 million yuan won and signed by its subsidiaries was approximately 887 million yuan. Among them, the total amount of energy storage system contract orders is about 308 million yuan, showing outstanding performance. During the same period, the total amount of lithium battery contract orders was approximately 17 million yuan, and the total amount of lithium battery copper foil contract orders was approximately 44 million yuan. This data reflects the company's market acquisition in the relevant field.Editor/Yang Meiling
Guangai Technology wins bid for Naoer Energy's AI energy storage project
The procurement results of the AI full lifecycle safety and efficiency enhancement platform commissioned for the Inner Mongolia Naoer Energy Independent Energy Storage Power Station have been announced recently. According to the transaction announcement, Guangai (Shanghai) Technology Co., Ltd. won the bid for the project with a transaction amount of 4.1 million yuan. The review members include Wang Hongmei, Wang Jun, and Xing Ying. According to public information, the winning bidder Guangai Technology is an information technology enterprise registered in Shanghai, specializing in technology promotion and application services.Editor/Yang Meiling
CNNC Huineng Qinghai Energy Storage Project launches survey and design bidding
On February 25, 2026, China National Nuclear Corporation (CNNC) officially released the procurement announcement for the supporting energy storage survey, design, and procurement of the 250000 kW wind and solar power base source network load storage project in Gonghe County, Hainan Prefecture, Qinghai Province. The project has a supporting energy storage capacity of 37.5 MW/75 MWh, and the bidding scope covers the entire process of surveying, mapping, testing, and experimentation for the energy storage power station, including supporting content such as contralateral access intervals and green energy big data access, as well as providing relevant consulting services.Editor/Yang Meiling
Geely's lithium iron phosphate project is put into operation in Jiangxi
The Jiangxi Yiyuan New Energy Lithium Iron Phosphate Cathode Material Project under Geely Technology Group has been put into operation in Yichun. The first phase of this project can process 40000 tons of waste batteries annually, aiming to strengthen Geely's independent and controllable supply chain for new energy vehicles and cope with fluctuations in lithium battery material prices. At present, Geely's installed capacity of batteries has ranked among the top ten in China.Editor/Gao Xue
Shengyang Shares completes acquisition of 51% equity of Daren High Tech
On February 24, 2026, Shandong Shengyang Power Co., Ltd. announced that the acquisition of 51% equity of Shenzhen Daren High tech Electronics Co., Ltd. has completed the industrial and commercial registration change, and Daren High tech has officially become its holding subsidiary. According to previous disclosures, Shengyang Corporation approved the proposal on December 31, 2025, to acquire relevant equity with its own funds of 74.470761 million yuan, and completed the agreement signing in January 2026.Editor/Yang Meiling
Shanxi Saiying launches secondary supplier selection
Shanxi Saiying Energy Storage Technology Co., Ltd. has commissioned Shanxi Gemeng Company to initiate a domestic second round of open procurement for all vanadium flow battery stack and system material suppliers (subcontracts 4-18) for the year 2026. The purpose of this selection is to optimize raw materials for the production capacity layout in 2026. Currently, the procurement conditions are met, and qualified suppliers can participate. It is worth noting that the 6th China Flow Battery Energy Storage Conference, CFE2026, will be held simultaneously on March 17-18. At that time, the Flow Thousand People Conference will promote efficient integration of supply and demand in the industry chain.Editor/Yang Meiling
PowerChina wins bid for EPC project of Hebei energy storage power station
The EPC project of 200MW/800MWh energy storage power station in Baixiang County, Xingtai City recently announced the winning bid results. China Power Construction Group Kunming Survey and Design Institute Co., Ltd. successfully won the bid with 660 million yuan. The project is located in Beijiang Village, Guchengdian Town, Baixiang County. The construction includes an energy storage system, a 220kV substation, and transmission lines, with a planned construction period of 120 calendar days.Editor/Yang Meiling
Noble Group receives $1.3 billion drilling order
Global offshore drilling contractor Noble Corporation announced the acquisition of new contracts for 9 drilling platforms, totaling $1.3 billion. The order includes a new operational contract signed for the semi submersible platform "Noble GreatWhite" in the Norwegian waters, as well as new projects in multiple locations such as Guyana. This move significantly increased the utilization rate of its fleet and consolidated the company's position in major global oil and gas markets.Editor/Gao Xue
Power battery company increases capital to 4 billion
In 2026, the registered capital of Times Chang'an Power Battery Co., Ltd. will increase from 1.5 billion yuan to 4 billion yuan. The company is jointly owned by CATL, Shenlan Automobile, and Changan Automobile. On January 14th, the second phase project with a total investment of about 5.5 billion yuan and a planned production capacity of 25GWh was signed and landed in Chongqing. It is expected to start construction in the first quarter of this year and be put into operation in the second half of 2027. Previously, its first phase expansion project was put into operation in Yibin, Sichuan in November 2025.Editor/Gao Xue
Taili (Wuhan New Materials Technology Industrial Park project starts construction)
On February 4, 2026, the Taili (Wuhan) New Materials Technology Industrial Park project started construction at the base, with a total planned investment of 1 billion yuan. It will create an advanced functional nanomaterial research and production base here. The project plans to cover an area of approximately 200 acres and includes the construction of an advanced functional materials research institute, a new materials pilot center, and an intelligent manufacturing base. Editor/Cheng Liting
Sinosolar signs contract for 12MWp solar energy storage microgrid project in Somaliland
Sinosolar has successfully signed a cooperation agreement with the Ministry of Energy and Mines of Somaliland for the 12MWp solar energy storage microgrid project in Berbera, Somaliland. The Minister of Energy of Somaliland, representatives from the World Bank, and local municipal officials attended the ceremony together.Editor/Yang Meiling
Ningde Times signs contract with Quanzhou, Fujian for new energy base project
On February 2, 2026, the People's Government of Quanzhou City, Fujian Province and CATL officially signed a cooperation agreement for the new energy battery production base project. Both parties will carry out in-depth cooperation on the research and manufacturing of new energy batteries, using advanced green manufacturing technologies to build intelligent and zero carbon modern factories. The project is scheduled to commence in the second quarter of 2026. At present, Ningde Times has built multiple battery bases in Ningde, Fujian (Hudong, Huxi, Jiaocheng, Fuding, Z base), Xiamen, Fujian (Xiamen Times), and Fuzhou, Fujian (Luoyuan Times).Editor/Cheng Liting
NewTech Green Hydrogen wins dual awards at the North Star Cup
The 4th "North Star Cup" Energy Storage Influential Enterprise Selection and Award Ceremony was successfully held in Zhengzhou, Henan. This industry event is jointly hosted by Polaris Power Grid and Polaris Energy Storage Network, bringing together hundreds of industry elites in the energy storage field to seek industrial development. With its excellent light storage and charging solutions and professional energy storage investment and operation capabilities, Xin Gong Green Hydrogen stood out from over 2000 participating companies and successfully won two awards: "Light Storage and Charging Solution Supplier" and "Excellent Energy Storage Investment/Operation Enterprise". Its industry-leading strength has been widely recognized.Editor/Yang Meiling
Donghong Electronics wins two energy storage awards
The 2026 China Energy Storage Technology Innovation and Application Seminar hosted by Polaris has successfully concluded in Zhengzhou, Henan. Zhejiang Donghong Electronics Co., Ltd. was invited to attend and gather with numerous industry experts and leading enterprise representatives from the energy storage industry chain to discuss the development trends, technological breakthroughs, and market application practices of China's new energy storage industry during the 15th Five Year Plan period. During the conference, the Donghong Electronics team had extensive and in-depth exchanges with peers on key issues such as grid based energy storage technology standards, innovation of integrated photovoltaic storage and charging models, energy storage safety, and support capacity building.Editor/Yang Meiling
Middling coal 2.1 billion green methanol project approved
The information on the online approval and supervision platform for investment projects in Heilongjiang Province shows that the green methanol project of the middling coal Jixian Scenery Hydrogen Storage and Alcohol Integration Project has officially passed the record. The total investment of the project is about 2.135 billion yuan. middling coal Green Energy (Shuangyashan) Co., Ltd. is responsible for the construction of the project. It uses wind power and green electricity to produce hydrogen. The scale of hydrogen production is 70000Nm ³/h. After the coupling of hydrogen and carbon dioxide, it is estimated that the annual output of green methanol will be 136000 tons, and 500MW wind power and 150MW photovoltaic power will be built. This project is the first large-scale integrated project of middling coal Group in northeast China, which marks the acceleration of the transformation of traditional energy enterprises to green and low-carbon.Editor/Gao Xue
Zhongna Energy was awarded the title of Energy Storage Influential Battery Supplier
On January 29, 2026, Zhongna Energy was awarded the title of the 4th Polaris Cup Energy Storage Influential Battery Supplier at the 2026 China Energy Storage Technology Innovation and Application Seminar. The company has once again gained authoritative recognition in the industry for its continuous technological innovation and industrialization achievements in the field of sodium ion batteries. This award reflects the technological strength and market influence of Zhongna Energy in the energy storage battery supply chain, highlighting its contribution to promoting the development of new energy storage technologies.Editor/Yang Meiling
Kunshan introduces 3 billion yuan automobile project
On January 27, 2026, the Taihong Wanli East China Automotive Core Component Intelligent Manufacturing Center project officially settled in Qiandeng Town, Kunshan, with a planned total investment of 3 billion yuan. The project focuses on the research and development of automotive body and new energy battery structural components. The first phase of the project is expected to start in April 2026. The implementation of this project will further improve the company's layout in the Yangtze River Delta region and provide deep support for Shanghai and surrounding vehicle factories.Editor/Gao Xue
BYD Energy Storage has a global presence in over 110 countries
On January 21, 2026, BYD released an investor relations announcement, announcing that as a global leader in the energy storage industry, it has built a comprehensive sales, delivery, and operation network worldwide. As of now, BYD Energy Storage has delivered over 500 projects and its business covers more than 110 countries and regions. Recently, BYD exhibited a series of products equipped with the world's largest mass-produced 2710Ah energy storage dedicated blade battery in the United Arab Emirates; In the Saudi region, the world's largest grid side energy storage project with a scale of 12.5GWh has been implemented, demonstrating its technological strength and market expansion capabilities.Editor/Yang Meiling
Penghui Energy's 2025 performance forecast turns losses into profits
Guangzhou Penghui Energy Technology Co., Ltd. released its 2025 annual performance forecast on January 21, 2026. The announcement shows that the company expects to turn losses into profits by 2025, and the net profit attributable to shareholders of the listed company will reach 170 million to 230 million yuan. Compared to the loss of 252 million yuan in the same period of 2024, the performance has improved significantly. The net profit after deducting non recurring gains and losses is expected to be between 80 million and 110 million yuan, compared to a loss of 322 million yuan in the same period last year. This performance forecast marks a fundamental improvement in the operating conditions of Penghui Energy.Editor/Yang Meiling
Guangzhou develops energy storage projects with a scale of over 700MW
Guangzhou Development Group Co., Ltd. disclosed on January 21, 2026 that as of December 2025, the company has built a total of approximately 703MW/1393MWh of energy storage projects, covering Guangdong, Jiangsu, Hebei and other regions, with business covering three major scenarios: power supply side, power grid side, and user side. Among them, the largest grid side independent energy storage project in the Guangdong Hong Kong Macao Greater Bay Area, Foshan Gaoming Independent Energy Storage Power Station (208MW/416MWh), has been put into operation, and the largest user side energy storage project in East China, Jiangsu Huiran Industrial Energy Storage Project, has also been connected to the grid for operation. The company stated that the return rate of energy storage projects varies depending on the peak valley price difference and power structure in different regions, and the overall returns are good. Currently, it is actively building a development pattern centered on the Greater Bay Area, radiating across the country, and expanding overseas.Editor/Yang Meiling