[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

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• 2025.12.26 09:50
• [Hubei Luotian Independent Energy Storage Power Station EPC Project Bidding]
• On December 24, 2025, Baofeng (Luotian County) Energy Storage Technology Co., Ltd. officially tendered and launched the EPC (Design, Procurement, Construction) general contracting work for the Baofeng Luotian 200MW/400MWh independent energy storage power station project. The project is located in Luotian County, Huanggang City, Hubei Province, with a planned construction land of approximately 40 acres (26680 square meters). The project will construct a 200MW/400MWh lithium iron phosphate electrochemical energy storage system, and simultaneously build a new 220kV boosting station, install 2 main transformers with a capacity of 120MVA, and ultimately connect to the existing 220kV Bodaofeng substation in the local area through 2 220kV lines. The total investment of the project is approximately 540 million yuan, with a unit cost of approximately 1.35 yuan/Wh. The project funds will be self raised by the enterprise.Editor/Yang Meiling

• 2025.12.26 09:50
• [China's 2025 Catalogue of Encouragement for Foreign Investment Released]
• On December 24, 2025, the National Development and Reform Commission of China officially released the "Catalogue of Industries Encouraged for Foreign Investment (2025 Edition)". In the new version of the directory, the operation of independent energy storage power stations, the integration of source, network, load, and storage, the construction of multi energy complementary projects, the operation of virtual power plants, and related technology research and development are clearly included in the encouraged scope. In addition, in the encouraged directory of Jiangxi Province, the investment orientation for the research and development, manufacturing, and engineering installation of distributed energy storage equipment is particularly highlighted. The adjustment of this policy demonstrates China's further expansion of opening-up in the field of energy transformation, actively guiding foreign investment towards key industries such as new energy storage.Editor/Yang Meiling