【Industry Briefs】 Energy Storage Intelligence Summary (May 28, 2025)

Tags: #EVELithiumEnergy #Data #Market

Foton Motor and EVE Lithium Energy have formed Beijing Foton EVE New Energy Co., a 500 million RMB joint venture to expand new energy heavy truck operations. The collaboration aims to provide battery leasing solutions, reduce costs, and enhance profitability for power batteries. As a leading commercial vehicle battery manufacturer, EVE Lithium Energy partners with Foton Heavy Trucks to accelerate industry growth.

Tags: #HyperStrong #UtilityScaleStorage #PCS

At Intersolar, HyperStrong launched its MagicBlock platform and HyperBlock M energy storage system. The HyperBlock M features modular 10-foot cabinet designs for flexible deployment, integrates high-efficiency SiC-based power conversion systems, and supports intelligent operation and maintenance.

Tags: #pv-magazine

Nigerian utility Kaduna Electric has partnered with J-Marine Logistics and ASI Engineering to develop a 100 MW solar project with energy storage. The project will supply 60 MW to Kaduna, 20 MW to Sokoto, 10 MW to Zamfara, and 10 MW to Kebbi states.

Tags: #EnergyStorageSystems

Ecom Energia and Evo Energia have entered a strategic partnership with WEG to promote Battery Energy Storage System (BESS) adoption in Brazil. The initiative aims to expand access to scalable, innovative storage technologies aligned with global trends for cleaner and more reliable energy.

Tags: #UtilityScaleStorage 

Anhui’s Huoqiu Yongshuo Energy Storage Station (Phase I), the province’s first 220kV direct-grid large-scale storage facility, has been commissioned. With 200MW/400MWh capacity using LFP batteries and liquid cooling, it supports peak shaving, frequency regulation, and black-start capabilities. Daily peak-shaving capacity reaches 400 MWh, meeting annual electricity needs for ~100,000 households.

Tags: #EnergyStorage #Construction #PowerSystems

The Zhexi Data Center user-side energy storage project, developed by Jingkai New Energy, has commenced. The 3.3MW/7.095MWh system deploys 33 liquid-cooled cabinets. Once operational, it will optimize 4.15 million kWh of annual energy use, save over 20 million RMB in electricity costs, ease grid pressure, and advance sustainability.

Tags: #EnergyStorage

The Queensland government has scrapped a 450 MW wind and storage project jointly developed by Greenleaf Renewables and Brookfield Asset Management. The project was canceled after stricter regulations on wind and large-scale solar planning led authorities in development, infrastructure, and planning to deem it unfeasible.

Tags: #ElectricityPricing

California’s newly passed AB 942 bill affects 1.8 million rooftop solar users, slashing the electricity buyback rate by 80%. The bill mandates a shift to the NEM 3.0 mechanism, significantly lowering compensation for excess solar power. Over 160 organizations have opposed the bill, arguing that it devalues solar systems, particularly impacting 300,000 low- to moderate-income households.

Tags: #UPS

Vertiv has patented a liquid-cooled UPS with dual-layer circuit boards and power transistors. A central cooling plate eliminates fans, reduces size, prevents dust ingress, and optimizes thermal management.

Tags: #SolarStorage

Jiangsu Wanlida Smart Tech unveiled a multi-voltage lithium battery storage system integrating solar arrays, battery modules, DC/DC converters, and inverters. The design enhances energy utilization, reduces solar curtailment, and minimizes transmission losses across varied voltage demands.