Core Viewpoint - Nandu Power has signed an order for an independent energy storage project with a total capacity of 2.8 GWh, utilizing its self-developed 314Ah semi-solid state battery, marking the largest application of semi-solid battery storage globally [2] Group 1: Project Details - The order includes a 1.2 GWh project in Shenzhen and two 800 MWh projects in Shanwei [2] - The projects are expected to consume over 1 billion kWh of renewable energy annually, enhancing the grid's capacity to absorb renewable energy in the Guangdong-Hong Kong-Macao Greater Bay Area and reducing approximately 1 million tons of CO2 emissions [2] Group 2: Battery Technology - The 314Ah semi-solid state battery employs oxide solid-liquid mixed electrolyte and high melting point polymer separator technology, which suppresses lithium dendrite growth, reduces thermal runaway risks, and maintains high ionic conductivity to enhance battery safety and lifespan [2] - This project represents the first commercial application of solid-state battery technology at the GWh level, with operational data expected to support future developments [2] Group 3: Research and Development - Nandu Power began developing solid-state batteries in 2017, with a 30Ah all-solid-state battery expected to resolve the "solid-solid interface" issue by the end of 2024, improving cycle life and rate performance [2] - The 783Ah solid-state battery, set to be released in April 2025, will feature multiple technological improvements to enhance energy density and safety performance [2]

Core Viewpoint - The energy storage industry is rapidly evolving towards larger capacity cells, with major players like CATL, EVE Energy, and others announcing mass production of high-capacity energy storage cells, indicating a competitive shift in the market towards larger battery capacities [1][21][22]. Group 1: Industry Developments - CATL announced the mass production of a 587Ah energy storage cell, marking a significant step in the competition for large-capacity cells [1][10]. - EVE Energy has begun mass production of its 628Ah "Mr. Big" cell, which has been successfully integrated into a system that has been operating efficiently for over 10 months [5][7]. - Sungrow Power has launched a 684Ah energy storage cell, which boasts a cycle life of over 15,000 times and an energy density exceeding 440Wh/L [11][13]. - Haicheng Energy has produced the world's first 1175Ah long-duration energy storage cell, setting a new industry record for cell capacity [15]. Group 2: Technological Innovations - Xinwanda's 625Ah energy storage cell features a unique thermal separation design that enhances safety by directing pressure release during thermal runaway [4]. - The new generation of large-capacity cells is designed to improve energy density and lifespan, with some cells achieving over 95% energy efficiency and cycle lives exceeding 10,000 times [19][20]. Group 3: Market Dynamics - The competition among energy storage cell manufacturers is intensifying, with the top nine companies in the market being Chinese, and CATL leading globally [22][24]. - The market is expected to see a significant increase in the production of cells over 500Ah, with mass production timelines projected between Q2 2025 and Q2 2026 [22]. - The cost advantages of cells in the 300Ah to 500Ah range are highlighted, as they can support larger storage systems while maintaining lower production costs [22]. Group 4: Global Trade and Strategic Moves - The global trade environment, particularly U.S. tariffs, is impacting the energy storage sector, with Chinese companies holding a significant market share in the U.S. [24]. - Companies like EVE Energy and CATL are expanding their production capabilities overseas to mitigate tariff impacts, with new factories being established in Malaysia and Hungary [24].