China Accelerates Major Energy Storage Projects Exceeding 130GWh Capacity
China's energy storage sector is witnessing substantial advancements with multiple projects entering critical phases. Notably, EVE Energy's 80GWh factory and Jiuxing's 2GWh lithium battery project are pivotal in enhancing domestic production capabilities.
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Construction is underway on four major energy storage projects in China, collectively exceeding 130GWh. EVE Energy's 80GWh super energy storage factory in Jiangsu commenced its second EPC phase with a total investment of 5 billion RMB, projected to produce 30GWh and 50GWh of LFP batteries annually.
Jiuxing New Energy's 2GWh semi-solid-state lithium battery project has initiated its environmental review, backed by a 1 billion RMB investment. Additionally, the 50GWh energy storage battery factory in Ordos is progressing rapidly, with structural phases nearing completion.
Finally, Rongna New Energy's hard carbon anode precursor project in Sichuan is set to leverage local bamboo resources to support sodium-ion battery production. The developments indicate a strong commitment to enhancing China's energy storage capabilities, potentially influencing global supply chains.
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