Core Viewpoint - The implementation of the first mandatory national standard for energy storage in China, GB 44240-2024, marks a significant shift towards prioritizing safety in the energy storage industry, moving away from low-cost competition to a focus on quality and safety [2][10]. Group 1: Mandatory National Standard - GB 44240-2024, effective from August 1, 2024, is the first mandatory national standard for lithium-ion batteries used in energy storage systems, replacing the previous voluntary standard [2][4]. - This standard includes 23 rigorous safety tests, covering aspects such as vibration, impact, puncture, and forced discharge, ensuring higher safety requirements for energy storage batteries [2][4][6]. - The standard applies to various applications, including telecommunications, emergency lighting, and large-capacity energy storage systems [2]. Group 2: Shift from Low-Price Competition to Safety - The energy storage industry has been suffering from low-price competition, with average bidding prices for lithium battery storage systems dropping significantly, by 24% and 29.94% year-on-year for different categories [11]. - The introduction of GB 44240 is expected to act as a "ticket" for participation in domestic energy storage project tenders, leading to the elimination of non-compliant companies and accelerating industry consolidation [11][12]. - The focus on safety will compel companies to innovate and enhance product safety designs, potentially establishing GB 44240 as a reference for international standards, thereby increasing China's influence in the global energy storage market [12][13]. Group 3: Industry Transformation and Future Outlook - The year 2025 is anticipated to be a pivotal year for the Chinese energy storage industry, with various government initiatives aimed at addressing issues like patent infringement and market monopolies [12][13]. - The combination of the new mandatory standard and government policies is expected to shift the industry from price wars to a focus on technological competition, enhancing the overall quality of the energy storage sector [13]. - This transformation is likely to strengthen the global competitiveness of China's energy storage industry, reinforcing its position as a leader in the energy revolution [13].

Core Viewpoint - The implementation of the mandatory national standard GB 44240-2024 for lithium batteries and battery packs used in energy storage systems marks a significant advancement in safety requirements, transitioning from a "recommended" to a "mandatory" status, thereby establishing legal constraints for market entry [2][3]. Summary by Sections Standard Overview - GB 44240-2024 is recognized as the highest specification for energy storage safety standards, encompassing 23 rigorous tests including vibration, impact, puncture, and forced discharge [2][3]. - The standard applies to lithium batteries and battery packs in various energy storage applications such as telecommunications, emergency lighting, and photovoltaic systems [2]. Testing Requirements - New testing requirements at the cell level include vibration, impact, puncture, and forced discharge, with stricter safety testing protocols [3]. - The standard increases the duration of overcharge testing, adding a requirement for constant voltage overcharge for 1 hour, which correlates with increased safety risks [3]. Testing Procedures - Detailed charging and discharging procedures are provided for manufacturers to conduct tests, ensuring consistency and reliability in testing methods [4][5]. - The testing environment specifies conditions such as temperature and humidity to ensure accurate results [7]. Safety Conditions - The standard outlines conditions for thermal runaway tests, including specific criteria for determining if a battery has experienced thermal runaway [8][9]. - Batteries must not catch fire or explode under specified overcharging conditions, ensuring enhanced safety measures [11][15]. Compliance and Certification - The first batch of 15 companies with 21 products has successfully passed the GB 44240-2024 testing, indicating early compliance with the new mandatory standards [18][22]. - The list of compliant companies includes major players such as CATL and other notable battery manufacturers [18][22]. Future Events - A forum on sodium-ion battery industry standards is scheduled for September 16-18, 2025, indicating ongoing developments in battery technology and standards [21][23].

金融界消息 截至2025年7月30日收盘，南都电源（300068）报收于14.91元，下跌2.23%，换手率 3.96%，成交量33.75万手，成交金额5.06亿元。 天眼查商业履历信息显示，浙江南都电源动力股份有限公司，成立于1997年，位于杭州市，是一家以从 事电气机械和器材制造业为主的企业。企业注册资本89803.9858万人民币，实缴资本86487.0893万人民 币。公司法定代表人为朱保义。 通过天眼查大数据分析，浙江南都电源动力股份有限公司共对外投资了37家企业，参与招投标项目1047 次，知识产权方面有商标信息46条，专利信息888条，此外企业还拥有行政许可54个。 来源：金融界 资金流向方面，今日主力资金净流出4647.41万元，占比成交额9.19%。其中，超大单净流出570.83万 元、占成交额1.13%，大单净流出4076.58万元、占成交额8.06%，中单净流出流入851.20万元、占成交 额1.68%，小单净流入3796.21万元、占成交额7.51%。 南都电源最新一期业绩显示，截至2025一季报，公司营业总收入11.39亿元、同比减少61.81%，归属净 利润26631.34万元，同 ...

Core Viewpoint - Recently, Nandu Power signed a procurement contract with a UK energy storage project company for the supply of the Nandu Center L Plus 5MWh liquid-cooled container energy storage system, featuring the company's self-developed 314Ah energy storage cells, with a total installed capacity of 230MWh [1] Group 1 - Nandu Power has entered into a formal agreement with a UK company for energy storage solutions [1] - The contract includes the provision of a 5MWh liquid-cooled container energy storage system [1] - The energy storage system will utilize Nandu's proprietary 314Ah energy storage cells [1]

Core Viewpoint - ACME Solar has placed significant battery storage system orders with Chinese integrators, marking a major step in India's renewable energy sector, particularly in energy storage solutions [1][2]. Group 1: ACME Solar's Orders - ACME Solar has ordered over 3.1 GWh of battery storage systems from Trina Storage and Nandu Power, making it one of the largest battery storage procurement projects in India to date [1]. - The delivery of the equipment is scheduled to occur in phases over the next 4 to 8 months, with projects expected to be operational within 12 to 18 months across various Indian states [1]. Group 2: FDRE Projects - The battery storage equipment will primarily be used for multiple "Firm Dispatchable Renewable Energy" (FDRE) projects, which are part of a national initiative involving joint tenders from state organizations [1]. - Specific requirements for FDRE projects include providing 4 hours of continuous power at 90% of installed capacity during peak periods, load tracking, and round-the-clock supply [1]. Group 3: Market Developments - Trina Storage has achieved over 10 GWh in cumulative shipments globally and aims to deliver 8-10 GWh of storage systems this year [2]. - Nandu Power has signed a storage order for a large-scale renewable photovoltaic project in India, supplying 1.4 GWh of storage systems, which is one of the largest single storage projects in the country [2].

Core Viewpoint - The article highlights a significant battery storage order of over 3.1 GWh signed between Nandu Power and Trina Solar with Indian renewable energy company ACME Solar, marking one of the largest battery storage procurement projects in India [1][3]. Group 1: Project Details - The project will support multiple renewable energy and battery-connected projects under ACME Solar, with implementation planned across various states in India within the next 12 to 18 months [3]. - The delivery of the systems is scheduled to be completed in phases over the next four to eight months [3]. - The specific supply ratio between Nandu Power and Trina Solar has not been disclosed [4]. Group 2: Company Background - ACME Solar, headquartered in Gurugram, India, has a total installed capacity of 6,970 MW and an operational capacity of 2,890 MW, with an additional 4,080 MW in various stages of implementation [7]. Group 3: Market Context - The Indian government has introduced favorable policies, such as requiring solar projects to include a 10%/2h storage system during bidding and allocating 54 billion INR for the development of 30 GWh battery storage projects [8]. - The National Power Plan of India aims to establish 47.24 GW/236.22 GWh of battery storage systems by 2031-2032 to balance the fluctuations of 365 GW of solar and 121 GW of wind energy generation [9]. - The article suggests that the Indian storage market still has significant growth potential, indicating that the competition among companies in this sector is intensifying [10].

Core Viewpoint - The article highlights the growing demand for energy storage solutions in Europe, particularly in the UK and Italy, as companies like Nandu Power and Zhiguang Electric secure significant contracts in these markets [1][4][11][12]. Group 1: Market Overview - According to Solar Power Europe, Europe is expected to add 21.9 GWh of battery storage capacity in 2024, representing a 15% year-on-year increase, and 29.7 GWh in 2025, a 36% increase [2]. - The EU needs to increase its battery storage capacity tenfold by 2030 to support the growth of renewable energy installations, with current capacity just over 50 GWh [2]. Group 2: UK Energy Storage Developments - The UK has approved battery storage projects totaling 58.270 GW/121.645 GWh, with 7.6 GW/17 GWh currently under construction as of May [3]. - Nandu Power has secured a 230 MWh storage order for a project in the UK, utilizing its self-developed 5 MWh liquid-cooled container storage system [4][7]. Group 3: Italy Energy Storage Developments - Zhiguang Electric has signed a contract with an Italian infrastructure developer for a large-scale solar-storage charging station and has established a European business center in Italy [11][12]. - Italy's storage capacity reached 14.708 GWh by May 31, 2025, marking a 69.6% increase compared to the same period in 2024 [3]. Group 4: Company Orders and Growth - Nandu Power has disclosed nine orders since 2025, with six overseas and three domestic, amounting to approximately 1.3 billion yuan in domestic and overseas orders for new energy storage [9]. - Zhiguang Electric's energy storage equipment and system integration business has seen rapid growth, with over 4.4 GWh of projects signed in various regions of China [14].

Core Insights - The article discusses the recent 1.4GWh energy storage order won by Nandu Power in India, highlighting the growing opportunities for Chinese energy storage companies in the Indian market despite challenges [2][3][20]. Group 1: Company Developments - Nandu Power has signed a significant energy storage order of 1.4GWh with a well-known independent power operator in India, aimed at supporting a large-scale renewable solar project [2][3]. - As of April 2025, Nandu Power has a total of 6.4 billion yuan in signed but unfulfilled orders, including 1.3 billion yuan for domestic energy storage and 1.3 billion yuan for overseas projects [5]. - Nandu Power is also constructing a lithium battery manufacturing base in Zhejiang, with an annual production capacity of 5.6GWh [8]. Group 2: Market Trends in India - India is rapidly deploying variable renewable energy (VRE), which is driving its energy storage market towards a convergence of policy incentives, market demand, and technological advancements [11]. - The Indian government mandates that new energy projects must include 10% of their capacity in energy storage, which is expected to increase the installed capacity of energy storage by more than five times in the next five years [12]. - The Indian Ministry of Power has announced additional funding of 54 billion rupees for the development of 30GWh of battery storage projects, following previous allocations of 37 billion rupees for 13.2GWh [12]. Group 3: Competitive Landscape - Recent bidding opportunities in India have seen over 160GWh of energy storage system tenders released, with 54GWh specifically for battery storage systems [13]. - Local companies dominate the bidding landscape, with JSW Energy emerging as a leader in the independent storage market [16]. - The Indian government is also focusing on enhancing domestic supply chains, aiming for over 140GWh of battery production capacity by 2030 [18][20]. Group 4: Challenges for Foreign Companies - Despite the opportunities, foreign companies face challenges in India, including protectionist policies and stringent requirements for battery performance in high-temperature environments [20]. - The Indian market prioritizes system delivery capabilities and cost per unit of electricity over longevity and intelligent scheduling, which may differ from Western market expectations [20].

Conference Announcement - The 2025 High-Performance New Energy Materials Industry Conference will be held on July 8-9, 2025, in Chengdu, Sichuan, focusing on new materials, new dynamics, and new ecology [1] Company Developments - Jia Yuan Technology has made commercial progress in solid-state battery copper foil, supplying products to five leading battery companies, which are also applicable in low-altitude economic scenarios like eVTOL testing [2] - Defu Technology has signed supply agreements for lithium battery copper foil products with two major companies in the photovoltaic and consumer battery sectors [3] - Tangshan Hengwang New Energy Materials has commenced trial production of a 200,000-ton lithium iron phosphate project, with a total investment of 5.5 billion yuan, expected to achieve mass production by October 2025 [5] - Zhenhua New Materials has achieved hundred-ton level shipments of solid electrolyte and modified ternary materials for high energy density applications, establishing cooperation with major downstream clients [7] Equipment Collaborations - Keheng Co., Ltd. has signed a strategic cooperation agreement with Beijing Pure Lithium New Energy Technology to build a full-chain strategic partnership involving solid-state lithium-ion battery production equipment and materials [9] Overseas Expansion - EVE Energy plans to invest up to 8.654 billion yuan in a new energy storage battery project in Kedah, Malaysia, to enhance its global strategy and meet rising market demand [11] - Xingyuan Materials has completed the first phase of its ASEAN base in Malaysia, with an annual production capacity of 2 billion square meters for lithium battery separators [13] - CATL has officially commenced construction of its joint venture factory in Indonesia, with an initial capacity of 6.9 GWh, expected to expand to 15 GWh by the end of 2026 [15] - Tesla's first lithium iron phosphate battery factory in North America is nearing completion in Sparks, Nevada, adjacent to its existing Gigafactory [17] - Nandu Power has secured a large order for a 1.4 GWh energy storage system for a major solar project in India, marking one of the largest single energy storage projects in the country [19]

Core Viewpoint - The article highlights the upcoming 2025 Fifth Electric Two-Wheeler Battery Swapping Conference and Lightweight Power Battery Technology Summit, emphasizing the rapid growth of the energy storage market in India driven by renewable energy development and policy incentives [2][4]. Group 1: Event Details - The event is themed "Swapping City, Smart Two-Wheelers" and will take place on July 10-11, 2025, at the International Hall of the Dingshi Road International Hotel in Bao'an, Shenzhen [2]. - The event is organized by Qidian Lithium Battery, Qidian Sodium Battery, Qidian Two-Wheeled Vehicles, and Battery Swapping [2]. - Numerous sponsors and partners are involved, including major companies like Yadi Technology Group, Tailin Group, and New Day Co., among others [2]. Group 2: Company Developments - Nandu Power has signed a storage order with a well-known independent power operator in India to supply a 1.4 GWh energy storage system for a large-scale photovoltaic project, marking it as one of India's largest single energy storage projects [2][4]. - The project site is in a tropical climate, necessitating high-performance cooling and long-term stability for the energy storage system [2][3]. Group 3: Technical Innovations - Nandu's liquid cooling energy storage system features a multi-level variable diameter liquid cooling pipeline design to ensure uniform temperature distribution and enhance cooling efficiency [3]. - The system incorporates dual liquid cooling backup technology to maintain operational stability in case of equipment failure [3]. - Innovations in the electrochemical system, structure, and process design have been implemented to optimize performance under high-temperature conditions, significantly reducing battery temperature rise [3]. Group 4: Market Impact - The completion of the project is expected to significantly enhance the stability of local renewable energy output and grid regulation capabilities, positively impacting Nandu Power's future operating performance [4]. - Nandu's liquid cooling energy storage system has demonstrated high reliability and online rates in multiple operational projects globally, supporting long-cycle and high-intensity application scenarios [4].