Core Viewpoint - Far East Battery has secured significant contracts in the energy storage sector, indicating strong growth and market presence in both domestic and international markets [1][3][4]. Group 1: Contract Details - In June 2025, Far East Battery announced contracts exceeding 10 million RMB, totaling 259 million RMB, with a notable project in Shandong worth 76.74 million RMB [1]. - By mid-2025, the company disclosed six major energy storage projects, amounting to approximately 428 million RMB, primarily through its subsidiaries [1][3]. - The company has achieved a total of 1.375 billion RMB in energy storage orders in 2024, reflecting a staggering year-on-year growth of 5605% [3]. Group 2: Revenue and Growth - The smart battery business of Far East Battery reported a revenue of 1.654 billion RMB in 2024, marking a year-on-year increase of 180.47% [3]. - The company has successfully delivered industrial storage projects across various provinces in China and has commenced deliveries in several European countries [4]. Group 3: Project Highlights - In February, an independent energy storage station with a capacity of 200MW/800MWh was officially connected to the grid [4]. - In May, the company launched the PowerSTROM7000 liquid-cooled energy storage container, designed for extreme low temperatures, in Europe [4].
超4亿元!远东电池拿下储能订单