Core Viewpoint - The release of the "Document No. 136" by the National Development and Reform Commission and the National Energy Administration marks a significant shift in the renewable energy sector, particularly with the cancellation of mandatory energy storage requirements, which is seen as a pivotal moment for the industry [1][2]. Industry Impact - The cancellation of mandatory energy storage is expected to bring new dynamics to the new energy storage industry, with a long-term impact on the renewable energy sector [1]. - In the short term, the previous "531" policy led to a surge in installations, but the resulting price competition has created a challenging survival environment for industry players [1]. - The withdrawal of the "mandatory energy storage" policy is anticipated to trigger a reshuffling in the industry, with low-quality production capacity likely to be eliminated [1]. Market Dynamics - The market is transitioning from a price war to a value war as the industry matures, emphasizing the need for precise value anchors in business models [2]. - Capital investment is becoming more rational, with manufacturers exploring innovative specifications, such as the introduction of a 392Ah battery cell, indicating a strategic search for market positioning among second-tier battery manufacturers [2]. Competitive Landscape - Leading companies like CATL and Sungrow did not launch new hardware products at the recent exhibition, instead focusing on software solutions and safety improvements in energy storage [2]. - The emergence of a "soft power arms race" among industry leaders suggests a shift from extensive development to a more refined and detailed approach to competition [2].