[Spain increases energy storage investment, 9.4GWh project approved for launch] The Spanish Ministry of Ecological Transformation and Population Challenges has announced the final results of its energy storage support plan. The project budget has increased to 818.3 million euros, and a total of 126 projects have been approved, with an additional energy storage capacity of 2.2GW/9.4GWh. What is particularly rare is that the plan allows for up to 100% advance payment, aimed at accelerating project implementation. From a technical perspective, hybrid energy storage projects such as photovoltaics and energy storage have become the absolute protagonists, indicating that energy storage is shifting from a supporting role to the core of the energy system. The funds will be focused on renewable energy rich regions such as Andalusia to enhance the flexibility of the power grid. This move marks a new stage of large-scale implementation of energy storage construction in Spain, starting from policy planning.Editor/Gao Xue

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• 2026.01.30 16:55
• [Liaoyuan will welcome its first high-speed railway]
• On January 29, 2026, Jilin Province announced that the route and station location of the Liaoyuan section of the Changsi Liaotong high-speed railway have been determined. The project is designed with a speed of 350 kilometers per hour and a total length of approximately 334 kilometers, which will end the history of Liaoyuan not being connected to high-speed railways. The Provincial Development and Reform Commission stated that it is making every effort to promote the approval of pre feasibility studies and ensure their completion and opening to traffic by the end of the 15th Five Year Plan period. At that time, the travel time from Changchun to Liaoyuan will be shortened to about 45 minutes, and it will help Jilin achieve the goal of "connecting cities with high-speed rail".Editor/Gao Xue

• 2026.01.30 16:52
• [Zhiguang Electric's profit forecast increases]
• At the beginning of the 15th Five Year Plan in 2026, State Grid and Southern Power Grid launched a nearly 5 trillion yuan investment plan, with energy storage becoming a key development focus. Zhiguang Electric announced on the evening of January 27th that it expects a net profit attributable to the parent company of 110 million to 160 million yuan in 2025, a year-on-year increase of 133.69% to 149.01%, achieving a turnaround from losses to profits, mainly due to the rapid development of energy storage business and significant growth in orders and revenue. The company's cascaded high-voltage energy storage system is adapted to the three major upgrade areas of the power grid and has been successfully implemented in energy storage projects in Inner Mongolia, Gansu and other places. It is expected to further grow in the new round of power grid construction.Editor/Gao Xue