Energy Storage
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CATL is increasing its investment in battery swapping and energy storage businesses to counter the price war; Nomura cuts its earnings forecasts for CATL by up to 10.2% for 2026-2028.
CATL is increasing investment in battery swap and energy storage businesses to find new growth drivers and combat price wars and profit pressures. The company recently established a wholly-owned energ
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Analysts: Middle East Conflict Supports Energy Storage Demand, CATL, BYD, and Gotion High-tech Expected to Benefit
According to the South China Morning Post, analysts believe that the Middle East conflict is keeping fossil fuel prices high, driving demand for battery energy storage systems in green energy projects
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Innovative businesses such as intelligent driving will also be steadily advanced
BYD stated on an interactive platform on October 27 that the company's development in new energy vehicles and energy storage is rooted in long-term technological R&D and supply chain accumulation. Inn
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Goldman Sachs maintained a Buy rating on CATL, the world's largest power battery manufacturer
Goldman Sachs maintained a Buy rating on CATL, the world's largest power battery manufacturer, projecting its energy storage business unit's gross profit to increase by approximately 1.6 times between
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"Energy storage darling" Bloom Energy's Q3 revenue surged 138% to $1.24 billion, with profit skyrocketing over 500%. This marks the third time this year the company has raised its full-year guidance.
Fuel cell technology company Bloom Energy announced strong third-quarter results, with revenue up 138% year-over-year to $1.24 billion, net income reaching $250.3 million, and adjusted earnings per sh
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Xiong Jijun, Vice Minister of China’s Ministry of Industry and Information Technology: We Will Improve the Early Warning Mechanism for Energy Storage Production Capacity and Accelerate the Shift Toward Quality and Efficiency
On October 15, at the World Energy Storage Conference, Xiong Jijun, Vice Minister of Industry and Information Technology of China, stated that the country will further improve the capacity early warni
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Hithium's cumulative energy storage shipments have exceeded 200 GWh, and long-duration energy storage orders are booked until the end of 2027.
On October 15, Hithium announced that its cumulative shipments had exceeded 200 GWh. Wang Pengcheng, co-founder and president of the company, revealed that long-duration energy storage orders have bee
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CATL Chairman Robin Zeng: Surging electricity consumption for hashrate makes energy storage an "indispensable new type of infrastructure."
CATL Chairman Robin Zeng said at the 2026 World Energy Storage Conference that energy storage is gradually transforming from a supporting facility for new energy into an indispensable new type of infr
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China has commenced construction on the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale molten salt energy storage.
China has begun construction on the Ruitan project in Yantai, Shandong province, the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale mo
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EnerVenue, backed by the family office of Hong Kong billionaire Lee Ka-kit, has commenced production of its new nickel-hydrogen batteries with an annual capacity of 250 MWh.
The California-based startup has commenced production of nickel-hydrogen batteries at its factory in Changzhou, Jiangsu, with an annual capacity of 250 megawatt-hours (MWh), and plans to increase capa
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Western companies lag China in sodium battery race, potentially hindering efforts to reduce reliance on rare earths for EVs and energy storage
Western companies lag China in sodium battery race, potentially hindering efforts to reduce reliance on rare earths for EVs and energy storage
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Europe's solar boom leads to oversupply on sunny days, pushing wholesale electricity prices to zero or below
Solar has become Europe’s largest source of power during summer months, but this success is creating a new problem: on sunny days, Europe can produce more solar power than the system can absorb. Indus
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Sonnedix secures $1.3bn to advance Chile renewables and storage projects
Renewable energy company Sonnedix has secured $1.3bn (1.22 trillion pesos) through a refinancing transaction to accelerate its renewable energy and storage pipeline in Chile. The agreement covers the
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EnergyPathways Appoints Jacobs for Licensing and Regulatory Services on UK MESH Project
The project, one of the UK's largest integrated energy storage initiatives, is planned for a capacity of 300MW/55GWh. It aims to combine Compressed Air Energy Storage (CAES) with natural gas and hydro
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Equinor starts operations at 100MW/200MWh Citrus Flatts energy storage facility in Texas
The facility, located in Harlingen, is Equinor's largest energy storage project in the US to date and its fifth battery storage site put into commercial service in the past four years. It was complete
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LG Energy Solution signs W2tr lithium carbonate supply deal with US-based Smackover Lithium
The 10-year agreement, starting in 2029, secures 8,000 metric tons of lithium carbonate annually, totaling 80,000 tons. This aims to strengthen LGES's battery material supply chain for the North Ameri
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Heidelberg Printing Press Q1 Sales Down 30%, Still Reaffirms Full-Year Guidance and Accelerates Layout in Defense and Energy Sectors
Heidelberger Druckmaschinen announced its Q1 2026/2027 fiscal year results, with net sales decreasing by 30% year-on-year to €404 million, order intake down 4% to €537 million, and adjusted EBITDA mar
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UK's Anesco secures strategic investment from Nature Infrastructure Capital to accelerate development of over 7GW of solar and energy storage projects in the UK and Europe.
UK's Anesco secures strategic investment from Nature Infrastructure Capital to accelerate development of over 7GW of solar and energy storage projects in the UK and Europe.
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CATL is increasing its investment in battery swapping and energy storage businesses to counter the price war; Nomura cuts its earnings forecasts for CATL by up to 10.2% for 2026-2028.
CATL is increasing investment in battery swap and energy storage businesses to find new growth drivers and combat price wars and profit pressures. The company recently established a wholly-owned energ
-
Analysts: Middle East Conflict Supports Energy Storage Demand, CATL, BYD, and Gotion High-tech Expected to Benefit
According to the South China Morning Post, analysts believe that the Middle East conflict is keeping fossil fuel prices high, driving demand for battery energy storage systems in green energy projects
-
Innovative businesses such as intelligent driving will also be steadily advanced
BYD stated on an interactive platform on October 27 that the company's development in new energy vehicles and energy storage is rooted in long-term technological R&D and supply chain accumulation. Inn
-
Goldman Sachs maintained a Buy rating on CATL, the world's largest power battery manufacturer
Goldman Sachs maintained a Buy rating on CATL, the world's largest power battery manufacturer, projecting its energy storage business unit's gross profit to increase by approximately 1.6 times between
-
"Energy storage darling" Bloom Energy's Q3 revenue surged 138% to $1.24 billion, with profit skyrocketing over 500%. This marks the third time this year the company has raised its full-year guidance.
Fuel cell technology company Bloom Energy announced strong third-quarter results, with revenue up 138% year-over-year to $1.24 billion, net income reaching $250.3 million, and adjusted earnings per sh
-
Xiong Jijun, Vice Minister of China’s Ministry of Industry and Information Technology: We Will Improve the Early Warning Mechanism for Energy Storage Production Capacity and Accelerate the Shift Toward Quality and Efficiency
On October 15, at the World Energy Storage Conference, Xiong Jijun, Vice Minister of Industry and Information Technology of China, stated that the country will further improve the capacity early warni
-
Hithium's cumulative energy storage shipments have exceeded 200 GWh, and long-duration energy storage orders are booked until the end of 2027.
On October 15, Hithium announced that its cumulative shipments had exceeded 200 GWh. Wang Pengcheng, co-founder and president of the company, revealed that long-duration energy storage orders have bee
-
CATL Chairman Robin Zeng: Surging electricity consumption for hashrate makes energy storage an "indispensable new type of infrastructure."
CATL Chairman Robin Zeng said at the 2026 World Energy Storage Conference that energy storage is gradually transforming from a supporting facility for new energy into an indispensable new type of infr
-
China has commenced construction on the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale molten salt energy storage.
China has begun construction on the Ruitan project in Yantai, Shandong province, the world's first utility-scale power plant combining supercritical carbon dioxide power generation with large-scale mo
-
EnerVenue, backed by the family office of Hong Kong billionaire Lee Ka-kit, has commenced production of its new nickel-hydrogen batteries with an annual capacity of 250 MWh.
The California-based startup has commenced production of nickel-hydrogen batteries at its factory in Changzhou, Jiangsu, with an annual capacity of 250 megawatt-hours (MWh), and plans to increase capa
-
Western companies lag China in sodium battery race, potentially hindering efforts to reduce reliance on rare earths for EVs and energy storage
Western companies lag China in sodium battery race, potentially hindering efforts to reduce reliance on rare earths for EVs and energy storage
-
Europe's solar boom leads to oversupply on sunny days, pushing wholesale electricity prices to zero or below
Solar has become Europe’s largest source of power during summer months, but this success is creating a new problem: on sunny days, Europe can produce more solar power than the system can absorb. Indus
-
Sonnedix secures $1.3bn to advance Chile renewables and storage projects
Renewable energy company Sonnedix has secured $1.3bn (1.22 trillion pesos) through a refinancing transaction to accelerate its renewable energy and storage pipeline in Chile. The agreement covers the
-
EnergyPathways Appoints Jacobs for Licensing and Regulatory Services on UK MESH Project
The project, one of the UK's largest integrated energy storage initiatives, is planned for a capacity of 300MW/55GWh. It aims to combine Compressed Air Energy Storage (CAES) with natural gas and hydro
-
Equinor starts operations at 100MW/200MWh Citrus Flatts energy storage facility in Texas
The facility, located in Harlingen, is Equinor's largest energy storage project in the US to date and its fifth battery storage site put into commercial service in the past four years. It was complete
-
LG Energy Solution signs W2tr lithium carbonate supply deal with US-based Smackover Lithium
The 10-year agreement, starting in 2029, secures 8,000 metric tons of lithium carbonate annually, totaling 80,000 tons. This aims to strengthen LGES's battery material supply chain for the North Ameri
-
Heidelberg Printing Press Q1 Sales Down 30%, Still Reaffirms Full-Year Guidance and Accelerates Layout in Defense and Energy Sectors
Heidelberger Druckmaschinen announced its Q1 2026/2027 fiscal year results, with net sales decreasing by 30% year-on-year to €404 million, order intake down 4% to €537 million, and adjusted EBITDA mar
-
UK's Anesco secures strategic investment from Nature Infrastructure Capital to accelerate development of over 7GW of solar and energy storage projects in the UK and Europe.
UK's Anesco secures strategic investment from Nature Infrastructure Capital to accelerate development of over 7GW of solar and energy storage projects in the UK and Europe.
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Energy Storage
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