The unit price of CCEED Shandong project has fallen below 1 yuan/Wh

On March 2, 2026, Yuncheng Tanglu New Energy Co., Ltd. announced the winning bid for the 200MW/400MWh energy storage power station demonstration project. China Construction Eighth Engineering Division Fourth Construction Co., Ltd., in collaboration with multiple companies, won the bid with a price of approximately 399.7 million yuan, with a project unit price as low as 0.999 yuan/Wh, attracting industry attention.Editor/Yang Meiling

Goldwind Green Methanol Project Approved

The green methanol phase III project invested by Goldwind Green Energy Chemical Co., Ltd. with 2.3 billion yuan has been officially approved. The project is located in Xing'an League Economic and Technological Development Zone, with an annual output of 725000 tons of green methanol. It is planned to start construction in May 2026. The project adopts biomass gasification technology. The first phase with an annual output of 250000 tons has been completed, and the environmental impact assessment for the second phase with an annual output of 600000 tons has been accepted.Editor/Gao Xue

7.4 billion compressed air energy storage project landed in Inner Mongolia

Recently, Shenneng Energy completed the registration change and approval of the grid side compressed air energy storage project in Xiwuzhumuqin Banner, Xilingol League, Inner Mongolia. Compared to the previous plan, the project has expanded its land area from 500 acres to 700 acres. The total investment of this project is as high as 7.4 billion yuan, and a new compressed air energy storage demonstration power station with a scale of 1050MW/420MWh will be built, using non supplementary combustion technology route.Editor/Yang Meiling

Chint Power signs contract for Romanian photovoltaic project

Shanghai Chint Power Systems Co., Ltd. has signed a cooperation agreement with ENEVO Group, the Romanian EPC general contractor, to provide core equipment such as inverters for the Ogrezeni 761 MWp photovoltaic project in Romania. The project is located in Jiu'erjiu County and is one of the largest single photovoltaic projects in Europe. Both parties will work together to create a European photovoltaic demonstration project.Editor/Gao Xue

China Energy Engineering won the bid for Chongqing 7.5 billion coal-fired power project

The bidding candidates for the main project of the Shaanxi Coal Power Hechuan 2 × 1000MW clean coal-fired power expansion project with a total investment of 7.55 billion yuan have been announced. The subsidiary of China Energy Engineering Corporation has won the first place in both sections A and B with accurate quotations, with a difference of only a few hundred thousand yuan compared to the second place subsidiary of China Electric Power Construction Corporation. The project is located in Hechuan District, Chongqing, and adopts ultra supercritical clean coal-fired power technology. After completion, it will enhance the stability of energy supply in the Chengdu Chongqing region.Editor/Gao Xue

Far East Group's energy storage contract amount exceeded 300 million yuan in February

Far East Corporation announced on March 2nd that its subsidiary has won the bid for a project. According to the announcement, in February 2026, the total amount of contracts and orders worth over 10 million yuan won and signed by its subsidiaries was approximately 887 million yuan. Among them, the total amount of energy storage system contract orders is about 308 million yuan, showing outstanding performance. During the same period, the total amount of lithium battery contract orders was approximately 17 million yuan, and the total amount of lithium battery copper foil contract orders was approximately 44 million yuan. This data reflects the company's market acquisition in the relevant field.Editor/Yang Meiling

Guangai Technology wins bid for Naoer Energy's AI energy storage project

The procurement results of the AI full lifecycle safety and efficiency enhancement platform commissioned for the Inner Mongolia Naoer Energy Independent Energy Storage Power Station have been announced recently. According to the transaction announcement, Guangai (Shanghai) Technology Co., Ltd. won the bid for the project with a transaction amount of 4.1 million yuan. The review members include Wang Hongmei, Wang Jun, and Xing Ying. According to public information, the winning bidder Guangai Technology is an information technology enterprise registered in Shanghai, specializing in technology promotion and application services.Editor/Yang Meiling

CNNC Huineng Qinghai Energy Storage Project launches survey and design bidding

On February 25, 2026, China National Nuclear Corporation (CNNC) officially released the procurement announcement for the supporting energy storage survey, design, and procurement of the 250000 kW wind and solar power base source network load storage project in Gonghe County, Hainan Prefecture, Qinghai Province. The project has a supporting energy storage capacity of 37.5 MW/75 MWh, and the bidding scope covers the entire process of surveying, mapping, testing, and experimentation for the energy storage power station, including supporting content such as contralateral access intervals and green energy big data access, as well as providing relevant consulting services.Editor/Yang Meiling

Geely's lithium iron phosphate project is put into operation in Jiangxi

The Jiangxi Yiyuan New Energy Lithium Iron Phosphate Cathode Material Project under Geely Technology Group has been put into operation in Yichun. The first phase of this project can process 40000 tons of waste batteries annually, aiming to strengthen Geely's independent and controllable supply chain for new energy vehicles and cope with fluctuations in lithium battery material prices. At present, Geely's installed capacity of batteries has ranked among the top ten in China.Editor/Gao Xue

Shengyang Shares completes acquisition of 51% equity of Daren High Tech

On February 24, 2026, Shandong Shengyang Power Co., Ltd. announced that the acquisition of 51% equity of Shenzhen Daren High tech Electronics Co., Ltd. has completed the industrial and commercial registration change, and Daren High tech has officially become its holding subsidiary. According to previous disclosures, Shengyang Corporation approved the proposal on December 31, 2025, to acquire relevant equity with its own funds of 74.470761 million yuan, and completed the agreement signing in January 2026.Editor/Yang Meiling

Shanxi Saiying launches secondary supplier selection

Shanxi Saiying Energy Storage Technology Co., Ltd. has commissioned Shanxi Gemeng Company to initiate a domestic second round of open procurement for all vanadium flow battery stack and system material suppliers (subcontracts 4-18) for the year 2026. The purpose of this selection is to optimize raw materials for the production capacity layout in 2026. Currently, the procurement conditions are met, and qualified suppliers can participate. It is worth noting that the 6th China Flow Battery Energy Storage Conference, CFE2026, will be held simultaneously on March 17-18. At that time, the Flow Thousand People Conference will promote efficient integration of supply and demand in the industry chain.Editor/Yang Meiling

PowerChina wins bid for EPC project of Hebei energy storage power station

The EPC project of 200MW/800MWh energy storage power station in Baixiang County, Xingtai City recently announced the winning bid results. China Power Construction Group Kunming Survey and Design Institute Co., Ltd. successfully won the bid with 660 million yuan. The project is located in Beijiang Village, Guchengdian Town, Baixiang County. The construction includes an energy storage system, a 220kV substation, and transmission lines, with a planned construction period of 120 calendar days.Editor/Yang Meiling

Noble Group receives $1.3 billion drilling order

Global offshore drilling contractor Noble Corporation announced the acquisition of new contracts for 9 drilling platforms, totaling $1.3 billion. The order includes a new operational contract signed for the semi submersible platform "Noble GreatWhite" in the Norwegian waters, as well as new projects in multiple locations such as Guyana. This move significantly increased the utilization rate of its fleet and consolidated the company's position in major global oil and gas markets.Editor/Gao Xue

Power battery company increases capital to 4 billion

In 2026, the registered capital of Times Chang'an Power Battery Co., Ltd. will increase from 1.5 billion yuan to 4 billion yuan. The company is jointly owned by CATL, Shenlan Automobile, and Changan Automobile. On January 14th, the second phase project with a total investment of about 5.5 billion yuan and a planned production capacity of 25GWh was signed and landed in Chongqing. It is expected to start construction in the first quarter of this year and be put into operation in the second half of 2027. Previously, its first phase expansion project was put into operation in Yibin, Sichuan in November 2025.Editor/Gao Xue

Taili (Wuhan New Materials Technology Industrial Park project starts construction)

On February 4, 2026, the Taili (Wuhan) New Materials Technology Industrial Park project started construction at the base, with a total planned investment of 1 billion yuan. It will create an advanced functional nanomaterial research and production base here. The project plans to cover an area of approximately 200 acres and includes the construction of an advanced functional materials research institute, a new materials pilot center, and an intelligent manufacturing base. Editor/Cheng Liting

Sinosolar signs contract for 12MWp solar energy storage microgrid project in Somaliland

Sinosolar has successfully signed a cooperation agreement with the Ministry of Energy and Mines of Somaliland for the 12MWp solar energy storage microgrid project in Berbera, Somaliland. The Minister of Energy of Somaliland, representatives from the World Bank, and local municipal officials attended the ceremony together.Editor/Yang Meiling

Ningde Times signs contract with Quanzhou, Fujian for new energy base project

On February 2, 2026, the People's Government of Quanzhou City, Fujian Province and CATL officially signed a cooperation agreement for the new energy battery production base project. Both parties will carry out in-depth cooperation on the research and manufacturing of new energy batteries, using advanced green manufacturing technologies to build intelligent and zero carbon modern factories. The project is scheduled to commence in the second quarter of 2026. At present, Ningde Times has built multiple battery bases in Ningde, Fujian (Hudong, Huxi, Jiaocheng, Fuding, Z base), Xiamen, Fujian (Xiamen Times), and Fuzhou, Fujian (Luoyuan Times).Editor/Cheng Liting

NewTech Green Hydrogen wins dual awards at the North Star Cup

The 4th "North Star Cup" Energy Storage Influential Enterprise Selection and Award Ceremony was successfully held in Zhengzhou, Henan. This industry event is jointly hosted by Polaris Power Grid and Polaris Energy Storage Network, bringing together hundreds of industry elites in the energy storage field to seek industrial development. With its excellent light storage and charging solutions and professional energy storage investment and operation capabilities, Xin Gong Green Hydrogen stood out from over 2000 participating companies and successfully won two awards: "Light Storage and Charging Solution Supplier" and "Excellent Energy Storage Investment/Operation Enterprise". Its industry-leading strength has been widely recognized.Editor/Yang Meiling

Donghong Electronics wins two energy storage awards

The 2026 China Energy Storage Technology Innovation and Application Seminar hosted by Polaris has successfully concluded in Zhengzhou, Henan. Zhejiang Donghong Electronics Co., Ltd. was invited to attend and gather with numerous industry experts and leading enterprise representatives from the energy storage industry chain to discuss the development trends, technological breakthroughs, and market application practices of China's new energy storage industry during the 15th Five Year Plan period. During the conference, the Donghong Electronics team had extensive and in-depth exchanges with peers on key issues such as grid based energy storage technology standards, innovation of integrated photovoltaic storage and charging models, energy storage safety, and support capacity building.Editor/Yang Meiling

Middling coal 2.1 billion green methanol project approved

The information on the online approval and supervision platform for investment projects in Heilongjiang Province shows that the green methanol project of the middling coal Jixian Scenery Hydrogen Storage and Alcohol Integration Project has officially passed the record. The total investment of the project is about 2.135 billion yuan. middling coal Green Energy (Shuangyashan) Co., Ltd. is responsible for the construction of the project. It uses wind power and green electricity to produce hydrogen. The scale of hydrogen production is 70000Nm ³/h. After the coupling of hydrogen and carbon dioxide, it is estimated that the annual output of green methanol will be 136000 tons, and 500MW wind power and 150MW photovoltaic power will be built. This project is the first large-scale integrated project of middling coal Group in northeast China, which marks the acceleration of the transformation of traditional energy enterprises to green and low-carbon.Editor/Gao Xue

Zhongna Energy was awarded the title of Energy Storage Influential Battery Supplier

On January 29, 2026, Zhongna Energy was awarded the title of the 4th Polaris Cup Energy Storage Influential Battery Supplier at the 2026 China Energy Storage Technology Innovation and Application Seminar. The company has once again gained authoritative recognition in the industry for its continuous technological innovation and industrialization achievements in the field of sodium ion batteries. This award reflects the technological strength and market influence of Zhongna Energy in the energy storage battery supply chain, highlighting its contribution to promoting the development of new energy storage technologies.Editor/Yang Meiling

Kunshan introduces 3 billion yuan automobile project

On January 27, 2026, the Taihong Wanli East China Automotive Core Component Intelligent Manufacturing Center project officially settled in Qiandeng Town, Kunshan, with a planned total investment of 3 billion yuan. The project focuses on the research and development of automotive body and new energy battery structural components. The first phase of the project is expected to start in April 2026. The implementation of this project will further improve the company's layout in the Yangtze River Delta region and provide deep support for Shanghai and surrounding vehicle factories.Editor/Gao Xue

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