SK On Signs a Battery Supply Agreement of Nearly 100 GWh with Nissan Motor
On March 20th, SK On, a battery company under South Korea’s SK Group, announced that it had signed a battery supply agreement with Nissan Motor. …
EVE Energy Plans to Issue RMB 5 billion Worth of Convertible Bonds
On March 20th, EVE Energy issued a public announcement stating that it intends to issue RMB 5 billion worth of convertible corporate bonds to unspecified …
TECLOMAN and CORNEX Signed an Agreement for 5GWh Energy Storage Cells
On March 15th, TECLOMAN Energy Storage and CORNEX New Energy signed a strategic cooperation agreement for 5GWh energy storage cells at CORNEX global headquarters. …
LG ES Plans to Build a Battery Factory in the US with an Investment of 1.4 Billion Dollars
LG Energy Solution (LG ES) has announced its plan to build a lithium iron phosphate battery factory in the United States with an investment of …
Guangzhou Zhiguang and Hithium Reach a 15 GWh Procurement Agreement
On March 17th, Guangzhou Zhiguang and Hithium Energy Storage jointly signed a comprehensive strategic cooperation agreement at the Zhiguang Integrated Energy Industrial Park. The two …
CATL’s 2024 Financial Report: Revenue Declines While Net Profit Rises
On March 14, 2025, Contemporary Amperex Technology Co., Limited (CATL) released its 2024 annual financial report. The report shows that the company’s total revenue was …
European Battery Manufacturer Northvolt has Announced its Bankruptcy
On March 12 local time, Northvolt, a renowned European battery manufacturer, announced on its official website that due to the exhaustion of the company’s cash, …
China Deploys World’s First Hydrogen Fuel Cell System at Antarctic Station
Announced on March 5, 2025, China has achieved a significant milestone in renewable energy by successfully deploying the world’s first hydrogen fuel cell system at …
e-STORAGE Secures a 1.8 GWh Order in the US
e-STORAGE, a subsidiary of Canadian Solar, has recently announced that it has entered into both a battery supply agreement and a Long-Term Service Agreement (LTSA) …
India Introduces Mandatory Energy Storage Integration for Solar Projects
In a bold move to strengthen its renewable energy infrastructure, the Indian government has officially mandated the integration of energy storage systems (ESS) with all …