[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 >>

• 2025.12.10 17:01
• [Expansion of Qingdao Port Qianwan North Bank Railway]
• Recently, the expansion and renovation project of the railway on the north bank of Qianwan Port Area in Qingdao Port, Shandong Province has officially started. This project is an important part of the container series upgrading and renovation project on the north bank of Qianwan Port Area in Qingdao Port. It will build 4 new arrival and departure lines, bringing the total number of arrival and departure lines to 18 after completion. It will also construct and renovate 5 bulk cargo loading and unloading lines and 21 container loading and unloading lines. The project reshapes the railway loading and unloading operation area from multiple aspects, creating an intensive, intelligent, and integrated collection and distribution system to reduce time and cost. Pioneering two new models, the capacity for dry bulk cargo and container loading and unloading will be significantly improved after completion. The number of container loading and unloading lines, collection and distribution, and sea rail intermodal transportation capacity of the North Shore Railway will rank among the top in the country. Editor/Cheng Liting

• 2025.12.10 17:00
• [Vietnam Laos Energy Cooperation: Hejing 500 kV Transmission Project Approved]
• The People's Committee of Hejing Province has approved the investment policy and investors for the 500 kV transmission line project from Cha Lo in Laos to Hejing. The total investment of this project exceeds 2.3 trillion Vietnamese dong (approximately 88 million US dollars), and it will construct approximately 45 kilometers of dual circuit 500 kV transmission lines, expand two bays within the Haijing 500 kV substation, and require 20 hectares of permanent land, 15 hectares of temporary land, and 162 hectares of safe passage. The project will run for 50 years and be implemented in two phases. The first phase will be from the fourth quarter of 2025 to the third quarter of 2026, and the second phase will be fully operational in the third quarter of 2027. It can enhance the national power transmission capacity, alleviate the power shortage in the north, and promote energy cooperation between Vietnam and Laos. Editor/Cheng Liting