[Chinese energy storage companies have won consecutive large orders in Europe] Chinese energy storage companies have recently made significant breakthroughs in the European market. With the cumulative installed capacity of energy storage in Europe expected to exceed the 100GW mark by November 2025, the market is entering a critical stage of large-scale development. In this context, China Automotive New Energy has signed a 2GWh energy storage strategic cooperation agreement with Belgian energy company AVESTA, while Kubo Energy has also reached a 1GWh strategic cooperation agreement with Romania's VoltLink Energy. As a joint venture between multiple Chinese state-owned enterprises in the field of power batteries, China Automotive New Energy has obtained over 14GWh of energy storage orders worldwide by 2025. Kubo Energy continues to focus on the European market, and this cooperation aims to build an energy service ecosystem that covers the entire chain. The signing of these orders reflects a structural change in the European energy storage market from household use to large-scale project dominance, driven by a significant improvement in energy storage economics. From 2022 to 2025, the cost of European LFP energy storage systems has decreased by about 37%, and the reform of the electricity market has created a diversified revenue model of "energy arbitrage+ancillary services" for energy storage. Despite Europe's ambitious goal of 500-780 GWh by 2030, the path to achieving it still faces challenges. The lengthy approval process and fragmented internal market may constrain the pace of development. The strong entry of Chinese energy storage companies not only seizes the opportunity of market explosion, but also injects key technological products and solutions into Europe's energy transformation. Editor/Yang Beihua
Click to see more live >>
Latest
  • 2026.01.23 11:12
  • [The completion of the Manville hydropower station in Cameroon has put into operation]
  • The Manville hydropower station in Cameroon has been fully developed, with an installed capacity of 211 megawatts and an annual power generation of over 1 billion kilowatt hours. It is also connected to a 278 kilometer 225 kV transmission line and put into operation. The project overcomes challenges such as tropical swamps and rainy season construction, strengthens the power grid in southern Cameroon, improves power supply stability, and can also transmit power to neighboring countries, promoting regional energy interconnection and upgrading.Editor/Bian Wenjun
  • 2026.01.23 11:11
  • [Ningbo Ocean Shipping's 4 largest ships strengthen its shipping competitiveness]
  • The order for four largest 4300TEU container ships from Ningbo Ocean Shipping has been landed, with a total investment of over 1.6 billion yuan. They will be constructed by Huangpu Wenchong and delivered in 2028. The ship type is adapted to the needs of international routes, combining low-carbon environmental protection and intelligent operation and maintenance advantages, and zero emissions can be achieved by docking. This move will strengthen the ocean shipping capacity, upgrade the fleet structure, enhance the service level of international routes, and consolidate the competitiveness of enterprise shipping.Editor/Biaan Wenjun
Share

Retrieve password

Get verification code
Sure