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

A123 will release its first full range of semi-solid immersion energy storage products

A123 Company announced that it will hold a new product launch event on January 23, 2026 at 19:00, with the theme of "Smart Starry Sky · Smart Storage for the Future". This press conference will be the global debut of a full range of energy storage products based on semi-solid immersion technology, including the Star series semi-solid battery cells and the Star River series four scenario based energy storage systems. These products are designed for key areas such as data centers, harsh outdoor environments, and offshore deep-sea environments, aiming to fundamentally block the risk of thermal runaway through semi-solid immersion technology and provide inherently safe energy infrastructure. The release of A123 marks a further breakthrough in energy storage technology in terms of safety and application scenarios.Editor/Yang Meiling

Yihuatong and CEPC have reached a strategic cooperation agreement

On January 19, 2026, Yihuatong officially signed a strategic cooperation agreement with China Power Construction Kunming Survey and Design Institute Co., Ltd. Both parties will fully leverage their respective advantages in hydrogen energy storage technology and new energy engineering, and carry out comprehensive cooperation in areas such as wind power, photovoltaics, new energy storage, green hydrogen production, and zero carbon intelligent computing centers to jointly promote the construction and industrial application of clean energy systems. According to the agreement, both parties will focus on exploring the collaborative development model of green electricity to green hydrogen, and promote the large-scale application of hydrogen energy in multiple scenarios such as energy, industry, and transportation through project cooperation and joint innovation.Editor/Yang Meiling

Southern Power Grid Energy is expected to achieve a net profit of 300 to 350 million yuan

On January 19, 2026, Southern Power Grid Energy released its annual performance forecast, expecting to achieve a net profit attributable to shareholders of the listed company of 300 to 350 million yuan in 2026. Compared with a loss of 58.1258 million yuan in the same period last year, the company has successfully turned losses into profits. Southern Power Grid Energy pointed out that there are two main reasons for the good performance: first, the energy-saving business sector continues to consolidate and expand, driving stable growth in operating income; Secondly, the company has carried out comprehensive management of low efficiency assets such as biomass and achieved significant results, improving the operation of related projects and significantly reducing asset impairment losses year-on-year.Editor/Yang Meiling

China's power energy storage project successfully connected to the grid

Recently, the 100 MW/200 MWh energy storage project of the China Power Pu'an Power Generation Wind Solar Thermal Storage Integration Project of State Power Investment Corporation was successfully connected to the grid. The project is located in Qingshan Town, Pu'an County, Qiannan Prefecture, Guizhou Province, marking the official landing of its core energy storage sector and injecting strong momentum into strengthening regional power security capabilities. The project is equipped with 40 units of China Power New Source Intelligent Storage · Kunyuan 1500 volt high-voltage liquid cooled energy storage system, with a total capacity of 200 megawatt hours. This energy storage facility can achieve efficient collection and smooth transmission of electrical energy, providing strong support for peak shaving, frequency regulation, and new energy consumption in the regional power grid.Editor/Yang Meiling

Shenergy Corporation's energy storage installed capacity reaches 92500 kilowatts

On January 19, 2026, Shenergy Corporation disclosed the completion status of its controlling power generation for the year 2025. Data shows that the company's controlling power generation enterprises will complete a power generation of 57.654 billion kilowatt hours in 2025, a slight decrease of 1.7% year-on-year. In terms of installed capacity, in the fourth quarter of 2025, the newly increased holding capacity of the company is 2067200 kilowatts, mainly from the 2 million kilowatt photovoltaic project and multiple distributed power generation projects in Hoboksar Mongol Autonomous County, Xinjiang. During the same period, the installed capacity of the company's independent energy storage holding reached 92500 kilowatts, reflecting the progress of its layout in the energy storage field.Editor/Yang Meiling

The first energy storage power station in Zhongshan has been put into operation

On January 19, 2026, the first phase of the Zhongshan Nanlang Energy Storage Power Station project located in the hinterland of the Guangdong Hong Kong Macao Greater Bay Area was successfully put into operation. This project is supplied by domestic manufacturer Shangneng Electric, with a scale of 100MW/200MWh. It is the first large-scale grid side independent energy storage power station built and put into operation in Zhongshan City. Power stations not only provide flexible regulation capabilities for regional power grids, but also establish efficient and stable profit mechanisms through innovative frequency regulation service models, marking new progress in the coordinated development of energy storage technology and power grids in China.Editor/Yang Meiling

Bicheng Energy receives Series B financing of hundreds of millions of yuan

On January 15, 2026, Bicheng Energy announced the completion of hundreds of millions of RMB in Series B financing. This round is jointly led by Aramco Ventures, a subsidiary of Saudi Aramco, and Eurazeo, a European investment group. Longi Green Energy and Yiyan Capital are also investors, while old shareholders Qiantang District Investment Platform and Dajingfu have made additional investments. Bicheng Energy focuses on the investment and operation of industrial and commercial distributed clean energy power stations, with a cumulative grid connected scale of over 1.5GW. The company takes the construction of new energy solar storage power stations as the core, integrates the full value chain business modules such as power asset operation, comprehensive energy services, and power trading, and continues to expand its layout in the clean energy market.Editor/Yang Meiling

Wanrun Co., Ltd. has made progress in solid-state battery materials

On January 13th, Wanrun Corporation disclosed that it has achieved phased results in the research and development of solid-state battery materials. The company has completed the laboratory small-scale development of lithium sulfide, a key upstream material for solid-state battery electrolytes. Currently, the construction of the pilot production line has started, with the goal of completing the construction by the end of June 2026. In addition, the company's performance report for the first three quarters of 2025 shows a year-on-year increase of approximately 2.31% in operating revenue and a year-on-year increase of approximately 3.27% in net profit attributable to shareholders of the listed company.Editor/Yang Meiling

MCC Jingcheng monopolizes independent energy storage EPC project in Xinjiang

On January 12, 2026, the transaction result of 2025 independent new energy storage project in Karamay, Xinjiang was officially announced. The three bidding sections in this tender were successfully won by Chinese enterprise MCC Jingcheng Engineering Technology Co., Ltd. The overall construction scale of the project reaches 500MW/2GWh, with a total bid amount of 1.96 billion yuan. This move marks significant progress in the construction of large-scale independent energy storage facilities in Xinjiang, and has a positive significance for promoting local new energy consumption and grid stability.Editor/Yang Meiling

Wuhan Tianyuan plans to invest 550 million yuan in energy storage projects

On January 10, 2026, Wuhan Tianyuan Group Co., Ltd. announced that it had signed an investment framework agreement with the Commerce Bureau of Suichuan County, Ji'an City, Jiangxi Province, planning to construct the "Suichuan County 220KV Substation 200MW/400MWh Grid Side Independent Shared Energy Storage Project". The total investment of this project is about 550 million yuan, and the funds are self raised by the enterprise. According to the plan, the project will commence construction in 2026, with a construction period of approximately 4 months. This project aims to enhance the regulation and support capabilities of the regional power grid, and is an important layout of Wuhan Tianyuan in the field of energy storage.Editor/Yang Meiling

Jianglai Energy launches 2026 energy storage system centralized procurement

On January 8, 2026, Beijing Jianglai Energy Management Co., Ltd. announced that its centralized procurement suppliers for lithium iron phosphate electrochemical energy storage system equipment for 2026 were shortlisted for bidding. The total amount of this procurement is 6GWh, covering the five major regions of the country. Among them, the energy storage system (0.25C) with a power duration of 4 hours has a demand of up to 5GWh, accounting for 83%, becoming the absolute mainstay; The system with a power duration of 2 hours (0.5C) requires 1GWh, accounting for only 17%, mainly concentrated in the North and South China regions. This reflects a significant trend in the market towards long-term energy storage configuration.Editor/Yang Meiling

Change of EPC winning bidder for Xinjiang energy storage project!

On January 8, 2026, Kuche City announced the correction of the EPC bidding results for the 300MW/1.2GWh grid type energy storage project. The original winning bidder of the project was China Railway Electrification Bureau Group Third Engineering Co., Ltd., with a bid price of 1028.5 million yuan. Now it has been changed to China Construction Second Engineering Bureau Co., Ltd. as the winning bidder, with a bid price of 1028.48 million yuan. The project was initially announced on December 8, 2025, and this change is about a month after the original announcement. Announcement statement: The release of the notice shall be deemed as received by the potential bidder. If the consequences are caused by the failure to check in a timely manner due to personal reasons, the bidder shall bear the responsibility on their own.Editor/Yang Meiling

Amperex increases production capacity of energy storage BMS core sensors

On January 8, 2026, Shenzhen Anpei Long Technology Co., Ltd. disclosed its private placement plan, which plans to issue stocks to no more than 35 specific targets, raise no more than 544 million yuan, and issue no more than 15 million shares. The raised funds will be used for the expansion of pressure sensor production, upgrading of ceramic capacitive pressure sensor production lines, construction of force sensor production lines, research and industrialization projects of MEMS sensor chips, and supplementing working capital. The company stated that this move aims to solidify its supply foundation in the core component field of energy storage battery management systems (BMS) and meet the rapid development needs of the energy storage industry by 2025.Editor/Yang Meiling

China Energy Engineering Group wins bid for Gansu Energy Storage Project

On January 7, 2026, the bidding candidates for the EPC general contracting of the 200MW/800MWh independent energy storage project in Jiuduntan, Liangzhou District, Gansu Province were announced. The joint venture of China Energy Engineering Gansu Institute, China Construction Fifth Engineering Bureau Power Energy Co., Ltd., and China Communications Second Navigation Engineering Bureau Co., Ltd. ranks first, with a total bidding price of about 597.6 million yuan, equivalent to a unit price of about 0.747 yuan/Wh. The second and third place bidding prices are 0.7484 yuan/Wh and 0.7456 yuan/Wh, respectively. The project has a scale of 800 MWh, indicating that the construction cost of large-scale independent energy storage projects in China continues to decline and market competition is becoming increasingly fierce.Editor/Yang Meiling

Nandu Power wins bid for 235MWh independent energy storage project in Greece

On January 6th, Nandu Power announced its successful bid for an independent energy storage project in Greece with a total installed capacity of 235 MWh. This cooperation focuses on independent energy storage application scenarios. After the project is completed, it will serve the local power grid in Greece. Through peak shaving and valley filling, power grid support, and auxiliary electricity services, it will enhance the renewable energy consumption capacity of the local power grid, optimize energy resource allocation, and provide strong support for Greece's energy transformation in 2025.Editor/Yang Meiling

Binhai Energy has received a capital increase of 680 million yuan

On January 6th, Binhai Energy announced that in order to support the company's business development, its controlling shareholder Xuyang Holdings Co., Ltd. plans to increase its capital by 680 million yuan to its wholly-owned subsidiary, Inner Mongolia Xiangfu New Energy Co., Ltd. The capital increase this time will mainly be used for the business expansion, technology research and development, negative electrode material projects, and the construction and working capital supplement of supporting source network load storage green power projects of Xiangfu New Energy, aiming to optimize the overall financial structure of the company and deepen its strategic layout in the field of new energy materials and energy storage.Editor/Yang Meiling

Zhongcheng Corporation plans to acquire Zhongji Jiangsu for 151 million yuan

On January 7th, Zhongcheng Corporation announced that the company plans to issue shares to Zhongji Import and Export to acquire 100% of its equity in Zhongji Jiangsu, with a transaction price of 151 million yuan. At the same time, the company plans to issue shares to no more than 35 specific investors to raise matching funds. The target company, Zhongji Jiangsu, is mainly engaged in the investment, development, and operation of energy storage projects for industrial and commercial users. This acquisition will help Zhongcheng Group further expand its business layout in the energy storage field.Editor/Yang Meiling

Huasu Technology establishes a joint venture company!

On January 5, 2026, Huasu Technology announced that it will jointly invest and establish a holding subsidiary company in Huzhou, Zhejiang, and officially enter the field of military commercial energy storage systems. The newly established Huzhou Huasu Power Technology Co., Ltd. has a registered capital of 10 million RMB. Among them, Duneng Technology, a wholly-owned subsidiary of Huasu Technology, invested 5.1 million yuan and holds a 51% stake; Guangdong Xiaoniao Power Technology Co., Ltd. invested 3 million yuan and holds a 30% stake; Dongguan Huaxiao New Energy Enterprise Management Partnership invested 1.9 million yuan and holds a 19% stake. This move marks a further extension of Huasu Technology in the energy storage industry chain.Editor/Yang Meiling

Shengyang Co., Ltd. increases investment in energy storage BMS technology layout

On January 4th, Shengyang Corporation announced that in order to enhance its technology research and development and system integration capabilities in the energy storage field, expand its industrial layout, enhance its technological attributes and sustainable profit potential, the company plans to acquire a total of 51% equity of Shenzhen Daren High tech Electronics Co., Ltd. held by Jiang Zhongwei, Wang Rong, Hao Xianzhu, and Xiong Jing with its own funds of 74.470761 million yuan. The acquisition aims to integrate key technologies of energy storage battery management system (BMS), consolidate and enhance the company's comprehensive competitive advantage.Editor/Yang Meiling

Hanhua Ocean wins a large order worth 12.8 billion yuan

Hanhua Ocean announced the signing of the EPC contract for the Shinan Ui offshore wind power project in South Korea, with a total value of approximately 2.64 trillion Korean won. The project has an installed capacity of 390MW and will install 26 Vestas 15MW offshore wind turbines, with an expected annual power generation of 1052GWh, which can meet the annual electricity demand of about 290000 households. Hanhua Marine and Modern Engineering Construction have formed a consortium to jointly undertake the project, which covers core aspects such as infrastructure manufacturing and installation, submarine cable laying, and substation construction. It is planned to be put into operation in 2029. This project will be supported by a dedicated wind power installation vessel newly built by Hanhua Ocean, marking the company's comprehensive entry into the offshore wind power field. As one of the key projects for South Korea to achieve its 2035 target of 25GW offshore wind power, its launch will effectively promote the large-scale development of the country's offshore wind power industry. Editor/Cheng Liting

CRRC Zhuzhou directly purchases Ningde Times 20GWh energy storage battery cells

On December 26, 2025, CRRC Zhuzhou Electric Locomotive Research Institute released a direct procurement announcement for energy storage cells in 2026, planning to purchase a total of 14.4 million energy storage cells from CATL, including two specifications of 314Ah and 587Ah. The first section consists of 8 million 314Ah energy storage dedicated battery cells, with a scale of approximately 8GWh; Section 2 contains 6.4 million 587Ah lithium iron phosphate batteries, with a scale of approximately 12GWh, accounting for 60% of the total procurement volume. The total capacity of the two sections is 20GWh.Editor/Yang Meiling

China Agricultural Development Group's Xiong'an headquarters begins construction

On December 25, 2025, the Xiong'an headquarters project of China Agricultural Development Group officially started, marking the second batch of central enterprises to be fully integrated into the construction of Xiong'an New Area. The project is located in the center of the start-up area of the new district, adhering to the concept of "technology empowerment, green leadership, and open collaboration", integrating Chinese style courtyard layout and modern design, and committed to creating a benchmark platform that integrates headquarters office and technological innovation. After completion, the project will become an important carrier for gathering agricultural technology resources and promoting high-quality industrial development, significantly enhancing the leading ability of the new area in agricultural technology innovation and industrial synergy. China Agricultural Development Group takes this as a new starting point, deepens integration and development with the new area, strengthens industrial coordination with the Beijing Tianjin Hebei region, and continues to contribute "agricultural development strength" to the modernization construction of Xiong'an New Area. Editor/Cheng Liting

Google targets 10GWh future energy storage and data center projects

On December 22, 2025, Alphabet, the parent company of Google, announced a major acquisition agreement to acquire Intersect Power, a large clean energy developer in the United States, for $4.75 billion in cash and debt. This transaction is expected to be completed in the first half of 2026. Of particular note is that the scope of the acquisition does not include Intersect Power's current projects operating in Texas and California, but rather focuses on its upcoming or still under development clean energy generation projects, data centers, and battery energy storage systems, with a total target energy storage asset of 10 GWh, aimed at providing stable and reliable green power support for the construction of Google's Artificial Intelligence Data Centers (AIDC).Editor/Yang Meiling

China Electric Power Construction's energy storage contract amount reaches 50 billion yuan

On December 24th, China Power Construction Corporation disclosed its main operating data from January to November 2025, with 180 new energy storage projects signed and a contract amount of 500.03 billion yuan. Among them, there were 7 energy storage projects with a monthly contract value exceeding 500 million yuan in November alone.Editor/Yang Meiling

China Railway won bid for two large-scale energy storage projects worth 2.25 billion yuan

On December 23, 2025, the bidding candidates for two energy storage projects in Xinjiang and Hebei were announced, with a total scale of 450MW/2.4GWh. The first place in the project is won by China Railway 11th Bureau and China Railway 15th Bureau, both subsidiaries of China Railway, with a total bid amount of 2.25 billion yuan. Editor/Yang Meiling

China Energy Engineering won the bid for the Gansu Energy Storage EPC project

On December 22, 2025, the EPC general contracting results of the 200MW/800MWh independent energy storage power station project of Yishite Minle were announced. After competition from four bidders, China Energy Engineering Group Gansu Electric Power Design Institute Co., Ltd. was ultimately selected as the winning bidder, with Shanghai Baozhi Group Co., Ltd. as the member of the consortium. The winning bid amount was 643200560.00 yuan, equivalent to a unit price of approximately 0.804 yuan/Wh. The project is located on the south side of the 330 kV collection station in Sanduntan, Minle County, Zhangye City, Gansu Province. The main construction content includes the construction of a new 200MW/800MWh independent energy storage power station and related supporting facilities. Editor/Yang Meiling

Yunnan Phosphate Chemical project starts construction

Recently, the Yunnan Phosphating Group's 300000 tons/year phosphoric acid concentration plant capacity enhancement project, which is EPC contracted by China Chemical Engineering Sihua Construction Zhongnan Company, has officially started construction in Jinning District, Kunming. This project is a key move for Yunnan Phosphating Group to optimize its industrial layout and strengthen its competitiveness. It focuses on improving the efficiency of phosphoric acid production, constructing a core set of main equipment, involving multi professional collaborative construction, with a total construction area of 2397.52 square meters. Zhongnan Company will leverage its professional advantages, form an elite team, refine plans, control nodes, uphold safety concepts, strengthen quality control, and strive to create high-quality benchmark projects, helping the company move towards becoming a world-class engineering company. Editor/Cheng Liting