On May 22, 2025, the newly established Joint Venture for New Energy Storage held its inaugural annual meeting in Guangzhou. This event was organized under the guidance of the State-owned Assets Supervision and Administration Commission of the State Council. Attending the meeting were notable figures, including the Director of the State-owned Assets Supervision and Administration Commission, as well as representatives from various energy companies and industry experts.
The theme of the conference was “New Strategies for Energy Storage, with a focus on low-carbon technology.” The meeting aimed to foster collaboration and address significant issues facing the energy storage sector. Various strategies were discussed, including the establishment of platforms for industrial cooperation and the promotion of technological advancements in new energy storage.
The conference gathered over 300 participants from different sectors, including government officials, industry leaders, and academic experts, to discuss the current state and future development of energy storage technologies. The participants included representatives from the National Energy Administration, Guangdong Provincial Government, and various research institutions.
During the discussions, the focus was placed on enhancing the quality and capacity of energy storage technologies. Participants emphasized the need for innovation and collaboration to address challenges in the energy sector, particularly in energy transition and sustainability efforts.
In recent years, the Joint Venture has seen significant growth, with a total of 34 member companies and 106 universities involved. The goal is to increase the efficiency and effectiveness of energy storage solutions, which play a crucial role in the integration of renewable energy sources.
As of now, the Joint Venture is committed to building 18 major projects across the country, with a total investment expected to reach 126 billion yuan. These projects will focus on enhancing energy storage capabilities and supporting the development of clean energy technologies.
The National Energy Administration has stated that the development of new energy storage technologies is crucial for achieving energy security and addressing environmental concerns. The emphasis will be on creating efficient systems that can effectively store and distribute energy, contributing to a more sustainable energy future.
The Joint Venture aims to enhance its collaboration with international partners to exchange knowledge and expertise in energy storage technologies. This includes exploring opportunities for joint research and development projects that can lead to innovative solutions in the energy sector.
In summary, the establishment of the Joint Venture for New Energy Storage marks a significant step towards advancing China’s energy storage capabilities and contributing to the country’s transition to a more sustainable energy landscape.
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