Core Insights - EVE Energy has signed a three-year memorandum of understanding with Swedish energy storage system integrator Vimab BESS AB to jointly promote a 1.48 GWh energy storage project in Northern Europe [1] Group 1: Partnership and Project Details - The agreement designates EVE Energy as the core supplier for Vimab BESS AB, providing high-performance energy storage batteries, storage system products, and technical support [1] - The first batch of orders is scheduled for shipment in December [1] Group 2: Technical Capabilities and Support - EVE Energy focuses on technological innovation, offering products with high energy density, safety, and reliability, equipped with intelligent BMS systems to ensure stable operation in extreme environments [1] - The company will provide comprehensive support to Vimab BESS AB, covering the entire process from product delivery to post-operation maintenance [1]

储能系统最低中标价为0.4165元/Wh，由中石油济柴时代（山东）新能源技术有限公司在中石油济柴时代（山东）新能源技术有限公司 40套5MWh液冷储能系统电气分部件报出，项目中标总价8330万元，项目规模200MWh。 部分招投标项目如下： 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤储能 资讯~ 根据ICC鑫椤储能数据库不完全统计，11.17~11.23周招标数据41条，EPC、 PC及储能系统招标规模17.8GWh，中标数据12条，EPC、PC及储能系统招标 规模4.5GWh。 招标部分 项目规模最大的是盛储中宁天都山960MW/1920MWh网侧独立共享储能示范项目EPC总承包。招标业主为盛储新能源（中宁县）有限 公司，位于宁夏中卫市中宁县。建设盛储中宁天都山960MW/1920MWh网侧独立共享储能示范项目，配套建设330kV升压站1座，以 1回330kV线路接入中宁天都山750kV变电站。 招标范围包括但不限于：配合发包人进行合规性手续办理及专项报告编制和审批；项目建设管理和协调；方案设计、初步设计、施工图 设计以及竣工图设计；全部设备和材料的采购、运输和保管；所有 ...

Core Viewpoint - The company is leveraging AI technology in energy storage applications, enhancing operational efficiency and predictive maintenance through a combination of AI models, domain knowledge, and real-time data [1][2]. Group 1: AI and Energy Storage - The company promotes a "Big Data + AI + Energy Storage" technology strategy, focusing on data collection, modeling, and system analysis to create a leading energy storage application platform [1]. - The AI dual-engine collaborative intelligent solution enhances local operational efficiency and safety, providing predictive maintenance, safety warnings, and smart operations [1][2]. Group 2: Business Transformation - The company is transitioning from a device manufacturer to a "R&D manufacturing + service" model, offering comprehensive lifecycle management services for energy storage projects [1][2]. - In energy storage asset operation, the company utilizes AI algorithms for predictive maintenance and proactive warnings, improving the overall value of energy storage systems [2]. Group 3: Market Strategy - The company adopts a dual focus on domestic and overseas markets, planning to increase investment in overseas markets to boost revenue [3]. - The company is exploring various application scenarios through a "Storage + X" strategy, integrating energy storage with sectors like charging stations, oil fields, and agriculture to create competitive advantages [2]. Group 4: Profitability and Cost Structure - The significant improvement in gross margin in Q3 is driven by the increase in high-margin independent energy storage projects and overseas revenue [4]. - The company anticipates that the decoupling of new energy investment and energy storage investment will enhance the market size for independent energy storage in the future [4]. Group 5: Strategic Partnerships - The long-term strategic partnership with CATL ensures a stable supply of core resources, which is expected to positively impact the company's cost structure [4].

Core Insights - Recent orders have been secured by major companies including CATL, Tesla, Jinko Energy, and Maymuse in regions such as Japan, Australia, and the Middle East, focusing on grid-level energy storage, wind-storage projects, and flow batteries [1] Group 1: CATL's Developments - CATL has signed a memorandum of understanding (MoU) with Marubeni Corporation's subsidiary Marubeni Power Retail and Sun Village to advance a total of 2.4GWh grid-level energy storage project in Japan [2][6] - The collaboration aims to leverage the strengths of the three companies in energy storage technology, project development, and energy operation to accelerate the commercialization and scaling of the project [3] Group 2: Tesla's New Orders - Tesla has confirmed a large-scale energy storage order in Australia, deploying 168 Tesla Megapack 2 XL battery systems at the Golden Plains Wind Farm, with a project scale of 150MW/600MWh and a storage duration of 4 hours, expected to start in early 2026 and complete by mid-2027 [4] Group 3: Jinko Energy's Initiatives - Jinko Energy has announced a project to deploy a 25MWh energy storage system in the Middle East and Africa (MEA) region [5][7] - The project will utilize Jinko's centralized solution, the SunTera G2 5MWh energy storage system, to provide critical support to the local grid and contribute to building a more resilient and sustainable power infrastructure [7] Group 4: Maymuse's Collaboration - Maymuse, along with AVFlow Energy and Powra, has signed a tripartite MoU to promote a vanadium flow battery clean energy project in Australia, aiming to accelerate the commercialization and local deployment of this technology [8][9] - The collaboration will focus on Australia as the initial key market, with plans to expand gradually to the Asia-Pacific and global markets, establishing a long-term cooperative framework [9]

Battery Production - In October 2025, global battery production reached 231.8 GWh, marking a year-on-year increase of 49.1% [1] - From January to October 2025, global lithium battery production totaled 1822.08 GWh, also reflecting a year-on-year growth of 49.13% [1] Energy Storage - In October 2025, global energy storage battery production was 63.6 GWh, showing a year-on-year increase of 62.2% [2] - The cumulative production from January to October 2025 reached 469.83 GWh, with a year-on-year growth of 77.17% [2] Lithium Iron Phosphate (LFP) - In October 2025, global lithium iron phosphate production was 402,100 tons, up 63.7% year-on-year [3] - The cumulative production from January to October 2025 was 3,095,700 tons, reflecting a year-on-year increase of 65.21% [3] Iron Phosphate - In October 2025, global iron phosphate production reached 336,500 tons, a year-on-year increase of 60.31% [4] - The cumulative production from January to October 2025 was 2,594,100 tons, with a year-on-year growth of 70.37% [4] NCM Materials - In October 2025, global NCM (Nickel Cobalt Manganese) materials production was 95,800 tons, showing a year-on-year increase of 19.6% [5] - The cumulative production from January to October 2025 was 830,700 tons, reflecting a year-on-year growth of 3.9% [5] NCM Precursors - In October 2025, global NCM precursor production reached 96,500 tons, up 23.2% year-on-year [6] - The cumulative production from January to October 2025 was 835,200 tons, with a year-on-year increase of 4.67% [6] Lithium Manganese Oxide - In October 2025, China's lithium manganese oxide production was 13,400 tons, marking a year-on-year increase of 19.2% [7] - The cumulative production from January to October 2025 was 117,100 tons, reflecting a year-on-year growth of 10.99% [7] Lithium Cobalt Oxide - In October 2025, China's lithium cobalt oxide production reached 11,200 tons, a year-on-year increase of 24.7% [9] - The cumulative production from January to October 2025 was 93,600 tons, showing a year-on-year growth of 20.61% [9] Anode Materials - In October 2025, global anode material production was 292,100 tons, reflecting a year-on-year increase of 44.5% [10] - The cumulative production from January to October 2025 was 2,376,000 tons, with a year-on-year growth of 37.51% [10] Electrolytes - In October 2025, global electrolyte production reached 232,200 tons, marking a year-on-year increase of 37% [11] - The cumulative production from January to October 2025 was 1,844,600 tons, reflecting a year-on-year growth of 41.79% [11] Separators - In October 2025, global separator production was 3.268 billion square meters, showing a year-on-year increase of 45% [12] - The cumulative production from January to October 2025 was 26.048 billion square meters, with a year-on-year growth of 38.09% [12] Copper Foil - In October 2025, domestic copper foil production was 93,700 tons, marking a year-on-year increase of 18% [13] - The cumulative production from January to October 2025 was 833,200 tons, reflecting a year-on-year growth of 30.53% [13] Aluminum Foil - In October 2025, domestic aluminum foil production reached 56,500 tons, a year-on-year increase of 51% [14] - The cumulative production from January to October 2025 was 424,900 tons, showing a year-on-year growth of 39.22% [14] Lithium Carbonate - In October 2025, domestic lithium carbonate production was 87,400 tons, reflecting a year-on-year increase of 50.9% [15] - The cumulative production from January to October 2025 was 734,300 tons, with a year-on-year growth of 40.42% [15] Lithium Hydroxide - In October 2025, domestic lithium hydroxide production was 28,100 tons, showing a year-on-year decrease of 5.4% [16] - The cumulative production from January to October 2025 was 281,500 tons, reflecting a year-on-year decline of 6.35% [16] Recycled Lithium Carbonate - In October 2025, domestic recycled lithium carbonate production was 6,230 tons, marking a year-on-year increase of 11.05% [17] - The cumulative production from January to October 2025 was 56,100 tons, showing a year-on-year decline of 9.07% [17]

Core Viewpoint - The global energy storage market is experiencing explosive growth, driven by increasing demand for renewable energy and the need for stability in power systems. The storage business has become a significant revenue driver for companies in the sector, with expectations of nearly 50% growth in the global storage market by 2026 [1][8]. Group 1: Market Demand and Growth - The energy storage sector is recognized as a core stabilizer and regulator in the power system, leading to a surge in market demand [1]. - Companies like Sungrow Power Supply Co. and Haibo Technology have reported significant revenue growth, with Haibo achieving a 124.42% year-on-year increase in Q3 2025 [3][4]. - The global energy storage market is projected to maintain a growth rate of 40%-50% in 2026, driven by increasing renewable energy integration and urgent storage needs in various regions [9][10]. Group 2: Company Performance - Haibo Technology reported Q3 2025 revenue of 3.39 billion yuan, with a net profit increase of 872.24% [3]. - Sungrow Power Supply Co. achieved revenue of 66.4 billion yuan in the first three quarters of 2025, a 33% increase year-on-year, with a 70% increase in storage shipments [4]. - EVE Energy Co. reported a revenue of 45 billion yuan, with a net profit growth of 32.17% [4][5]. Group 3: Market Trends and Future Outlook - The demand structure in the energy storage market is expected to change, with a shift towards longer-duration storage solutions and increased deployment in AI data centers [8][9]. - The overseas market for energy storage is booming, with Chinese companies securing 308 new overseas storage orders totaling 214.7 GWh, a 131.75% increase year-on-year [6]. - Companies in the photovoltaic sector are increasingly investing in energy storage to enhance profitability, with Trina Solar aiming for a significant increase in storage shipments by 2026 [10][11].

Core Insights - In October, a total of 48 energy storage projects were awarded in China, with a combined capacity of 7.51GW and 25.5GWh [1] - The awarded energy storage system projects accounted for 1.8GW and 7.78GWh, while the EPC projects accounted for 5.56GW and 17.18GWh [1] Energy Storage System Projects - The largest awarded project was the 500MW/300MWh independent energy storage demonstration project by China Power Construction Corporation, with a total awarded capacity of 3GWh [3] - Leading companies in the energy storage system bidding included Haibo Sichuang, CATL, Zhongtian Energy Storage, Ganfeng Lithium, Jingkong Energy, and Nari Technology [6] EPC Projects - The largest EPC project awarded was the 400MW/1600MWh shared energy storage demonstration project, with a total awarded capacity of 1.6GWh and a total bid price of 140.328 million yuan, translating to a bid price of 0.877 yuan/Wh [3] Pricing Analysis - For 2-hour energy storage systems, the bid price ranged from 0.435 to 0.710 yuan/Wh, with an average bid price of 0.584 yuan/Wh [9] - For 4-hour energy storage systems, the bid price ranged from 0.422 to 0.818 yuan/Wh, with an average bid price of 0.556 yuan/Wh [9] - The lowest bid price for a 2-hour energy storage system was 0.422 yuan/Wh for a project in Chengde, Hebei, awarded to Nanjing Nari Technology [9] - For EPC projects, the bid price for 2-hour systems ranged from 0.512 to 1.381 yuan/Wh, with an average of 0.872 yuan/Wh [10] - The lowest bid price for a 2-hour EPC project was 0.512 yuan/Wh for a project in Hubei, awarded to Hubei Electric Power Institute [10]

Core Viewpoint - The global commercial and industrial energy storage shipments are projected to reach 40 GWh in the first nine months of 2025, representing a year-on-year growth of 110% [1]. Group 1: Market Overview - The top 10 companies in the global commercial and industrial energy storage market include: Ruipu Lanjun, CATL, EVE Energy, Haicheng Energy, Fudi Battery, Penghui Energy, Guoxuan High-Tech, Chuangneng New Energy, Zhongchu Innovation, and Ganfeng Lithium [1].

Core Insights - The article highlights the recent bidding data for energy storage projects, indicating a total bidding scale of 8.3 GWh and a winning bid scale of 9.5 GWh for the week of November 10 to November 16 [1]. Bidding Section - The largest project is the 300 MW/1200 MWh compressed air energy storage project in Shandong, with a total investment of approximately 211.16 million yuan [2]. - The bidding scope includes project surveying, design, construction, procurement, installation, commissioning, and related services [2]. Winning Bids Section - The lowest bid for a storage system was 0.4779 yuan/Wh, submitted by XJ Electric for a 105 MW/408 MWh project, with a total bid price of 19.5 million yuan [3]. Project Statistics - Various projects were listed, including: - Shanxi Zhiwei Ruilian Energy's 100 MW mixed storage project in Shanxi [4]. - Hubei Guokai Power's 200 MW/400 MWh independent storage project [4]. - Multiple projects across provinces such as Guangdong, Anhui, and Jiangsu, with capacities ranging from 50 MW to 500 MW and storage durations varying from 2 to 4 hours [4]. Winning Bid Statistics - The winning bids include projects from various companies, with prices and capacities detailed, such as: - Jiangsu Electric Power Design Institute's 200 MW/400 MWh project in Jiangsu with a bid price of approximately 1.302 million yuan [5]. - Projects in Ningxia and Xinjiang with capacities of 300 MW/1200 MWh and 500 MW/2000 MWh respectively, showcasing competitive pricing [5].

Core Viewpoint - The energy storage industry is poised for explosive growth, with significant market opportunities emerging by 2025, driven by economic viability and the essential role of energy storage in stabilizing new energy systems [2][3][4]. Group 1: Explosive Growth Logic - Economic viability is transforming energy storage from an optional investment to a necessary one, with internal rates of return (IRR) for commercial energy storage in China reaching 8%-12%, and even higher in overseas markets [2][3]. - The role of energy storage has evolved to become a core pillar of the new energy system, essential for stabilizing the grid as renewable energy sources like wind and solar become more prevalent [4]. Group 2: Data-Driven Insights - Short-term growth projections indicate that domestic energy storage installations could reach 200 GWh by 2026, with a year-on-year growth of nearly 50% [5]. - Long-term forecasts suggest that the global energy storage market could exceed 1.2 trillion yuan by 2030, outpacing the growth rates of the photovoltaic sector [7]. Group 3: Driving Factors - The urgent need for energy storage is driven by the increasing share of renewable energy sources, with a current shortfall of 1-2 billion kilowatts in domestic energy storage capacity [8]. - Upgrades to aging power grids and the increasing frequency of extreme weather events are creating additional demand for energy storage solutions [9]. - The rise of AI and data centers, which require stable and high-capacity power supply, is emerging as a new variable driving energy storage demand [10]. Group 4: Opportunities for Different Roles - Investors should focus on three core segments: energy storage batteries, power conversion systems (PCS), and overseas system integration, particularly in markets with high demand [11]. - Companies should prioritize international expansion and technological upgrades to avoid domestic price wars and meet high-end market demands [12]. - Industry professionals should target roles in overseas markets or system integration engineering, as these areas are experiencing significant demand [13][14].