Group 1 - Longi Green Energy has signed an agreement to acquire approximately 61.9998% of the voting rights of Suzhou Jingkong Energy Technology Co., Ltd, marking its entry into the energy storage sector and extending its industrial chain from "solar" to "storage" [2] - During the Q3 earnings conference, Longi Green Energy emphasized that the combination of photovoltaic and energy storage will effectively address the intermittency issues of solar energy [3] - Jingkong Energy, established in 2015, focuses on smart power supply systems, smart electrochemical energy storage systems, smart hydrogen fuel cell systems, and automotive lead-acid energy management systems, with a planned total production capacity of 33GWh for its new energy storage project [3] Group 2 - Major photovoltaic manufacturers, including Trina Solar, Jinko Solar, and Canadian Solar, are accelerating their expansion into the energy storage market, with Canadian Solar projecting a shipment of 2.1 to 2.3 GWh of energy storage systems in Q4 2025 and 14 to 17 GWh for the entire year of 2026 [4] - The increasing penetration of intermittent energy sources like solar and wind makes energy storage systems crucial for ensuring the stable operation of the power grid, with planned renewable energy projects reaching hundreds of GW globally [4] - The energy storage market is anticipated to grow significantly, with demand expected to reach TWh levels in the next decade, presenting a vast new market opportunity [4]
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