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Latest Updates in Energy Storage

January 2025: Industrial and Commercial Energy Storage Surges
We are pleased to announce the commencement of the 12th National Energy Storage Industry Tour for 2025.
Guoxuan High-Tech Releases 7MWh Intelligent Energy Storage System
The world’s first modular charging and discharging system has been unveiled, bringing the energy internet closer than ever.
State Grid Anhui Electric Power Introduces Innovative Mobile Energy Storage Equipment
This new technology addresses seasonal low voltage issues in rural areas.
Haicheng Energy’s 587Ah Battery Aims for Optimal Efficiency
The “golden size” battery seeks to achieve the best efficiency and cost solution for systems over 6MWh.

<h3>Recent Industry Developments</h3>
The world’s largest capacity high-voltage energy storage system has successfully completed artificial short circuit testing.
<b>Latest Bidding News:</b> The EPC+O tender for the Yunnan Luquan Shared Energy Storage Project is set at 1.15 yuan/Wh.
Innovative low bids have emerged, with a record low of 0.405 yuan/Wh for the Huadian 6GWh Energy Storage System procurement.

<h3>Weekly Industry Highlights</h3>
<ul>
    <li>New orders exceeding 47GWh signed by companies including Yiwei and Guoxuan.</li>
    <li>Ningde Times has received approval for its Hong Kong stock listing.</li>
</ul>

<h3>Energy Storage Technologies</h3>
Explore various energy storage technologies including:
<ul>
    <li>Lithium-ion batteries</li>
    <li>Flow batteries</li>
    <li>Sodium-ion batteries</li>
    <li>Solid-state batteries</li>
    <li>Lead-acid batteries</li>
    <li>Compressed air energy storage</li>
    <li>Flywheel energy storage</li>
    <li>Gravity energy storage</li>
    <li>Hydrogen storage</li>
</ul>

<h3>Project Highlights</h3>
<b>300MW/600MWh!</b> The first phase of the independent energy storage station in Zhongshan City, Guangdong, is now operational.
<b>200MW/400MWh!</b> The world’s largest sodium-ion energy storage system has successfully been connected to the grid.
<b>5MW/20MWh!</b> A major project in Chengde for green transportation vehicle storage will utilize vanadium flow battery equipment.

<h3>Research and Innovations</h3>
Recent studies have revealed new mechanisms for the fatigue failure of solid-state lithium batteries.
<b>Ganfeng Lithium Faces First Loss Since Listing</b> - Can investments in energy storage and solid-state batteries reverse this trend?
<b>Guizhou Power Grid Applies for Slope Gravity Energy Storage System Patent</b> aimed at achieving power smoothing.

<h3>Market Trends</h3>
The hydrogen energy market outlook for the first half of 2025 foresees significant growth opportunities.
<b>Expected Capacity Growth:</b> Australia plans to increase large-scale storage project deployment to 18GW by 2035, an eightfold increase.

<h3>Global Energy Storage Developments</h3>
The environment risks associated with battery storage system fires in the U.S. are currently considered manageable.
The U.S. market anticipates rapid growth, with projections of achieving 12.314GW/37.143GWh by 2024.

<h3>Future Directions</h3>
As the energy storage market evolves, innovative technologies and strategies will continue to shape the landscape. The focus will be on enhancing efficiency, safety, and sustainability in energy storage systems.