插播 ： 136号、394号文件等多项新政出台，2025工商业储能有何新打法？6月9日-12日，行家说储能联合光亚法兰克福举办"2025年全球用户侧储能产业 价值峰会暨应用示范展"，点击" 阅读原文 "了解详情 5月20日，宁德时代（股票代码为03750.HK）在港交所主板上市 ，首日高开 12.55%，报296港元，发行价为263港元， 截至收盘，涨 16.43%，报306.2港元/股，总市值为1.38万亿港元。 ■ 募资325.7亿元！成年内全球最大IPO 此次宁德时代赴港上市节奏迅速， 从启动上市到正式交易，仅耗时 128天 。 从募资规模来看，全球发售股份总数为 1.35亿股，发行价格为263港元/股，募集资金净额约353亿港元（约合人民币325.7亿元），为 今年内全 球最大的上市募资 。 此次发行吸引了中石化、科威特投资局、高瓴资本等国际资本巨头参与基石投资，认购金额超 203亿港元，占募资总额的40%以上 。 从募资用途来看，约 90%资金将用于推进匈牙利电池工厂一期及二期项目建设。据了解，匈牙利工厂是宁德时代在欧洲布局的第二座电池工厂，项 目规划电池产能 100GWh ，其中第一期和第二期的规 ...

Core Viewpoint - The article discusses the transformation and value awakening in the commercial energy storage sector, driven by new policies and market changes, emphasizing the need for companies to adapt and innovate in response to evolving market conditions [1][5]. Group 1: Market Dynamics - The current project measurement models are becoming ineffective, leading to concerns about project profitability and the survival of storage developers [1]. - The introduction of time-of-use pricing policies in regions like Jiangsu is creating fluctuations in pricing, prompting storage companies to focus on enhancing their core capabilities such as policy analysis, technology integration, and financial innovation [1][3]. Group 2: Opportunities and Strategies - Despite a slowdown in growth in saturated regions like Jiangsu, Zhejiang, and Guangdong, there are opportunities in other areas such as Anhui, Sichuan, and Shandong, as well as in new applications like zero-carbon parks and integrated solar-storage solutions [3]. - Companies are encouraged to explore overseas markets, with recent orders in Europe demonstrating that demand exists globally, indicating that where there is demand, there is opportunity [3][6]. Group 3: Summit Insights - The "2025 Global User-Side Energy Storage Industry Value Summit and Application Demonstration Exhibition" aims to help companies reduce reliance on single markets and profit models, promoting diversified growth strategies [5][6]. - The summit will feature discussions on various topics, including the future of commercial energy storage, virtual power plants, and integrated solar-storage operations, targeting over 3,000 solar and construction enterprises [5][6]. Group 4: Key Highlights of the Summit - The summit will provide a platform for top companies to brainstorm, connect resources, and offer practical toolkits for navigating the energy storage landscape [5]. - A guide specifically for commercial energy storage users, investors, and operators will be released, aimed at empowering various industries [5][6]. - The summit will also announce the top 10 user-side energy storage projects, highlighting best practices and setting industry benchmarks [6][7].

Core Viewpoint - The commercial energy storage market in Sichuan is experiencing significant growth, driven by new policies and increasing project announcements, with a notable increase in capacity compared to the previous year [3][6][10]. Group 1: Market Dynamics - As of April 18, 2025, Sichuan has announced 31 commercial energy storage projects with a total capacity of 96.62 MW and 213.111 MWh, representing over a threefold increase compared to the same period last year [3][6]. - The introduction of a policy that provides electricity fee reductions for user-side energy storage has further stimulated investment interest in the sector [6][10]. - The demand for distributed energy storage in the Sichuan-Chongqing region is projected to reach 12 GWh, driven by the potential for rooftop solar installations and the average industry storage matching rate of 20% [5][6]. Group 2: Project Highlights - The largest project announced is the Sichuan Times 60 MW/120 MWh energy storage project, which is the first of its kind in the province to exceed 100 MWh in capacity [8][10]. - The bidding results for the first batch of energy storage equipment for the virtual power plant project in Ziyang, Sichuan, showed competitive pricing, with bids ranging from 0.355 to 0.358 yuan/Wh [4][10]. - The majority of the announced projects are concentrated in cities like Chengdu and Yibin, with Chengdu accounting for over 50% of the total project count [6][8]. Group 3: Key Players - Key companies involved in the Sichuan energy storage projects include Guangzhou Haikesen Energy, Hangzhou Hemai Power Electronics, and Xiamen Haicheng Energy Technology, which have successfully bid for significant projects [3][4]. - A total of 14 companies are engaged in various projects across the region, with Star Source Energy participating in the highest number of projects [10][15].

插播 ： 136号、394号文件等多项新政出台，2025工商业储能有何新打法？6月9日-12日，行家说储能联合光亚法兰克福举办"2025年全球用户侧储能产业 价值峰会暨应用示范展"，点击" 阅读原文 "了解详情 作为全球第二大工商业储能市场（仅次于中国），2025年欧洲工商业储能市场起量，订单持续增长。 日前，华为数字能源、德赛电池、思格新能源宣布战略签约，覆盖意大利、匈牙利等区域工商业储能合作，涉及订单超1GWh。 华为等3企拿单 ■ 华为数字能源： 签意大利工商储合作协议 近日，华为数字能源与意大利工商业光伏系统公司Albasolar签署合作协议，双方将共同开发工商业储能系统解决方案，并整合能源管理系统，以实 现用能效率最大化。 图源于Albasolar 据了解，双方首个示范项目为意大利Ceresole d'Alba市的灌装设备制造企业GAI Macchine储能项目，该项目配置4.4MW/8.8MWh的储能系统以 及6MW光伏系统。 ■ 德赛电池：供应200套工商业储能系统 德赛电池与 土耳其投资方及承建企业 Hyt Enerji签署工商业储能系统 框架采购 协议 ，将向Hyt Enerji供应 200 ...

Core Insights - The article discusses the transition of commercial and industrial energy storage from policy-driven to value-driven approaches, highlighting the importance of PCS (Power Conversion System) in this transformation [1] - The introduction of the new IP65 PCS "backpack" solution by Yilan Technology aims to address five major pain points in commercial energy storage [1] Group 1: System Compatibility - The new IP65 PCS "backpack" solution is designed to overcome compatibility issues by allowing easy integration with mainstream battery cabinets without requiring additional designs from battery manufacturers [2] Group 2: Cost Optimization - The solution optimizes core modules such as power distribution and cooling, reducing redundant designs and enhancing cost-effectiveness while maintaining performance [3] Group 3: Application Versatility - The IP65 PCS "backpack" solution is versatile, featuring a high protection level and corrosion resistance, making it suitable for various challenging environments, including high-altitude and coastal areas [6] Group 4: Space Efficiency - The design of the IP65 PCS "backpack" allows for a smaller footprint, enabling flexible deployment in space-constrained environments, which is particularly beneficial for commercial energy storage and microgrid applications [6] Group 5: Maintenance and Operation - The modular external design of the PCS facilitates easier maintenance and repair, reducing downtime and improving operational efficiency compared to traditional internal designs [7]

Core Insights - The article discusses the significant developments in the commercial energy storage sector in Anhui province, highlighting the successful commissioning of a 2.25MW/4.698MWh energy storage project by Anhui Yangfan Copper Industry, supported by Hongzheng Energy [2][3] - The new time-of-use electricity pricing policy in Anhui is expected to accelerate the expansion of commercial energy storage projects, particularly benefiting high energy-consuming enterprises [11][14] Summary by Sections Project Developments - Anhui Yangfan Copper Industry's energy storage project utilizes a "1 master 17 slaves" architecture for coordinated control, optimizing energy efficiency and allowing for modular expansion to meet varying electricity demands [3][7] - The project employs the D-Cube 2.0 series liquid-cooled energy storage cabinets and the COSMOS 2.0 digital energy storage system, integrating big data and AI for precise load forecasting and tailored charging strategies [7][10] Policy Impact - The Anhui provincial government has issued a new implementation plan to promote user-side energy storage, focusing on high energy-consuming enterprises and exploring various new energy storage applications and business models [11][14] - The introduction of a new time-of-use pricing policy includes an extension of low-cost periods, enhancing the stability of revenue for energy storage projects participating in the electricity market [11][14] Financial Analysis - A comparison of the old and new policies shows a projected increase in total charging and discharging revenue by 3.1836 million yuan over 15 years, with a reduction in payback period by 18 months [14][16] - The total capacity of user-side energy storage projects in Anhui reached approximately 757.298MW/1748.378MWh in the first quarter of 2025, accounting for 72.72% of the total capacity registered in the previous year [16][18]

Core Viewpoint - The article discusses the growth and strategic developments of Shangneng Electric in the energy storage sector, highlighting its overseas expansion and product diversification efforts. Group 1: Company Performance - Shangneng Electric secured a framework supply agreement for 750MW of energy storage products with Europower Enerji, enhancing its presence in the Turkish and Eurasian markets [1] - In 2024, the company reported a revenue of 4.773 billion yuan, a decrease of 3.23% year-on-year, primarily due to reduced domestic energy storage system integration business [5] - The net profit attributable to shareholders reached 419 million yuan, a significant increase of 46.49% year-on-year, driven by rapid growth in overseas solar-storage business [5] Group 2: Revenue Growth and Projections - The company's energy storage business revenue grew from 19 million yuan in 2019 to 1.927 billion yuan in 2023, with a compound annual growth rate (CAGR) of 151.92% [8] - In Q1 2025, Shangneng Electric achieved a revenue of 831 million yuan, a year-on-year increase of 16.78%, and a net profit of 87.65 million yuan, up 71.56% year-on-year [11] Group 3: Product and Market Strategy - The company’s energy storage product matrix includes centralized and string inverters, with a power range from 100kW to 12.5MW, and solutions for microgrids and grid-connected systems [12] - The company plans to launch a home storage integrated machine by the end of 2024, expecting significant contributions from overseas home storage business in 2025 [14] - Shangneng Electric aims to increase the share of energy storage revenue to over 50% by 2025, up from 40.4% in 2024, while also focusing on technological innovation and cost reduction [15][16] Group 4: Global Market Expansion - The company is actively expanding its global market presence, with plans to increase overseas revenue share to over 40% by 2025, up from 24.38% in 2024 [16] - Significant progress has been made in various regions, including securing a 140.8MW supply for a U.S. project and collaborating on a 24GWh storage plan in Saudi Arabia [15]

Core Viewpoint - The article highlights the strategic advancements of Huichuan Technology in the energy storage sector, particularly through its collaboration on the Bundey project in Australia, aiming to establish a global benchmark for energy storage solutions [2][5]. Group 1: Project Collaboration - Huichuan Technology has partnered with China Energy Construction Corporation's subsidiary Zhongchu Technology and Australia's Genaspi Energy to develop the Bundey project, which has a capacity of 1.2GW/3.9GWh [2][3]. - The project is currently in a substantive advancement phase, with the three parties having submitted core technology solutions for certification by the Australian National Grid [3]. Group 2: Strategic Partnerships - Huichuan Technology is actively building an "ecosystem" in the energy storage field, forming strategic partnerships with various companies, including Haibo Shichuang, Cairi Energy, Pengcheng Unlimited, and TGOOD [8][10]. - The partnerships focus on technology research and market development, with Huichuan Technology's 2024 annual report indicating a three-year period of preparation leading to a "harvest period" in energy storage [10]. Group 3: Product Development and Market Expansion - Huichuan Technology has developed a series of energy storage products, including PCS for generation and grid sides, commercial energy storage, and household storage solutions, with a significant increase in shipments, surpassing 7GW in 2024 [11][14]. - The company has introduced innovative products such as the All-liqcool full liquid cooling energy storage system and a new generation of high-power centralized PCS, which has reduced the footprint by over 20% compared to previous models [16][14]. Group 4: Future Outlook - The company plans to enhance its capabilities in providing comprehensive energy solutions for commercial enterprises and aims to make breakthroughs in overseas energy business [16][18]. - A new energy storage factory in Xi'an is set to commence operations in 2025, which will significantly improve the delivery efficiency of energy storage products and strengthen the company's market competitiveness [18].

Core Viewpoint - The article discusses recent strategic collaborations in the energy storage sector, highlighting partnerships between Huawei and Keppel, as well as BYD and Sanlorenzo, aimed at advancing renewable energy solutions and specialized battery applications. Group 1: Huawei and Keppel Collaboration - Huawei and Keppel signed a non-binding memorandum of understanding to jointly develop renewable energy solutions, focusing on photovoltaic (PV) and battery energy storage systems (BESS) [1][3] - The solutions will be customized for specific projects, including ASEAN interconnected grids, low-carbon data centers, smart industrial parks, and hybrid energy systems [3] - The projects will integrate with Keppel's Operations Neural Center in Changi, Singapore, for real-time remote monitoring and performance optimization [4] Group 2: BYD and Sanlorenzo Partnership - BYD Energy signed a strategic cooperation agreement with Sanlorenzo to promote yacht-specific battery solutions [6][9] - The collaboration will focus on technology research and development, product development, market expansion, and supply chain optimization in the yacht battery sector [9] - The partnership aims to address cost control challenges for superyacht clients by developing disruptive lithium iron phosphate battery products [9] Group 3: BYD's Global Strategic Collaborations - BYD has achieved multiple strategic collaborations globally, with storage orders exceeding 15 GWh [10] - Recent partnerships include collaboration with Hayleys Solar in Sri Lanka for advanced storage and inverter solutions, and with Greenvolt in Poland for two storage projects totaling 400 MW/1.6 GWh [11] - BYD also signed a contract with Saudi Electricity for a 12.5 GWh project, bringing the total collaboration volume to 15.1 GWh, with a total investment of $2.28 billion [11]

Core Viewpoint - The article discusses the strategic collaborations between Chinese energy companies and Brazil, focusing on the development of energy storage solutions and green energy initiatives in Brazil, particularly in the context of recent agreements signed during high-level visits by Brazilian officials to China [2][3][8]. Group 1: Strategic Collaborations - Envision Group has signed a strategic cooperation agreement with Brazil to establish the first zero-carbon industrial park in Latin America, focusing on green fuel value chains and advanced green hydrogen equipment [5][6]. - Yunda Co. plans to deepen cooperation with Brazil's energy market by developing energy storage solutions, which are crucial for stabilizing Brazil's power system [10]. - The Brazilian government is set to announce the rules for its first national battery storage system auction, which aims to build a 49.7MW storage project to supply power to over 169,000 people [10][11]. Group 2: Market Potential - The Brazilian Battery Energy Storage System (BESS) market is projected to exceed 22.5 billion Brazilian Reais (approximately 3.79 billion USD) by 2030 [11]. - The first battery storage auction in Brazil is expected to attract significant investment, with a planned investment of 452 million Brazilian Reais (approximately 56.9 million RMB) [10][11]. Group 3: Company Initiatives - BYD is set to launch a storage factory in São Paulo, Brazil, in November 2024, with an annual production capacity of 1GWh of lithium iron phosphate batteries [13]. - Huawei is targeting Brazil's energy storage sector by introducing its first ultra-fast charging system for electric vehicles and trucks ahead of the battery auction [13]. - Sungrow is actively leading in Brazil's photovoltaic market while exploring new storage opportunities through partnerships [14].