Published PM GMT+8 GMT+8, June 24, 2025,
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Corporate News
[EMEA Region] BYD Energy Storage Systems Now Available in the UK via BMS Technologies
Tags: #Energy storage system price
BYD's energy storage systems have officially entered the UK market through BMS Technologies, which has become its main distributor. Starting from July 2025, BMS will offer BYD's modular LFP battery solutions for both residential and commercial applications. These include BYD’s latest HVE battery box system, the company’s slimmest and most flexible residential storage product to date.
[China] CATL’s 45 Billion Yuan Private Placement Fuels Global Expansion
Tags: #CATL #Tesla #Deployment
CATL has completed a private placement of nearly 45 billion yuan to accelerate its global capacity expansion and technology upgrades. The funds will support production increases at plants in Hungary and Germany, as well as R\&D in advanced technologies. Once completed, CATL’s global production capacity will exceed 500 GWh. The Hungarian facility is set to become the largest EV battery manufacturing center in Europe, supplying automakers like BMW and Volkswagen.
Industry Developments
[EMEA Region] Residential Storage Dominates in Germany – 80% of 20GWh Installed Capacity
Tags: #Large-scale storage #Energy storage systems #Deployment
Germany has installed approximately 20 GWh of battery storage, mostly integrated with solar PV systems. About 80% of this capacity is attributed to residential storage. While residential systems lead the market, commercial and utility-scale storage are also expanding. By 2030, Germany is projected to need around 100 GWh of storage, including residential batteries and EV-based storage.
[EMEA Region] FOX ESS Launches G-MAX Battery for Commercial Use
Tags: #Industrial and commercial energy storage
FOX ESS has launched the G-MAX battery, specifically designed for the enterprise market. The battery features liquid cooling technology, high storage efficiency, smart controls, and superior safety. It offers a cycle efficiency of over 89% and charge-discharge efficiency exceeding 96%, minimizing energy losses.
[China] PowerChina Secures 65 New Energy Storage Contracts Worth ¥10.75 Billion in Jan–May
Tags: #New-type energy storage #Power systems
Between January and May 2025, PowerChina signed 65 new energy storage projects with a total contract value of ¥10.75 billion. In May alone, 28 projects exceeded ¥500 million each, including two major new-type storage initiatives.
[Americas] 430MWh Longfellow Energy Hub Launches in Texas
Tags: #Energy storage system #Storage standards
Precision Energy has partnered with U.S.-based SolarMax Technologies and Longfellow Energy Development to co-develop the Longfellow Integrated Energy Hub in Texas. The project will utilize Precision Energy's PotisBank storage system to enable flexible coordination between multiple power sources and diverse loads.
Policy Developments
[Asia-Pacific] Western Australia Allocates \$50M to Boost Local Battery Manufacturing
Tags: #Household energy storage
The Western Australian government has pledged \$50 million to expand local battery manufacturing in response to surging demand for household energy storage. The 2025–26 state budget includes over \$1 billion in energy-related funding, with \$50 million dedicated to subsidies and low-interest loans for locally produced battery systems.
[China Region] Taiwan Introduces Household Storage Incentives, Full Details by 2026
Tags: #Home energy storage #Residential storage #Data
Taiwan is planning a new incentive scheme to support household energy storage systems using locally manufactured battery cells. The program aims to support 1,000 MWh of residential storage between 2026 and 2029. Preliminary data suggests a minimum subsidy of NT\$1 million per MWh installed, with final details to be released before the program rolls out in 2026.
Upstream Developments
[China] Breakthrough in Underground Flow Batteries by CAS Wuhan Institute
Tags: #Energy storage systems #Long-duration storage #New energy storage
The Oil and Gas Underground Storage and Development Center at the Wuhan Institute of Rock and Soil Mechanics, Chinese Academy of Sciences, has made progress in underground flow battery technology. The team conducted experiments using electrolyte formulations suitable for salt caverns, exploring how geological characteristics influence battery electrochemical performance.
Frontier Technology
[Utility Model] UPS Installation Module Patent Released
Tags: #Uninterruptible power supply
Nantong Guoxuan New Energy Technology Co., Ltd. has disclosed a utility model for a UPS installation module. The component includes bent mounting plates, fixed plates, brackets, and door-type fixtures assembled with screws—eliminating the need for welding. The design ensures high structural strength, stability, and flexible installation for different UPS models.
[Invention Patent] Multi-layer Chamber Design for PV Inverters
Tags: #PV inverter
Zhongtai Energy Development (Jiangsu) Co., Ltd. has disclosed a patented multi-layer chamber device for PV inverters. The device includes a housing, cover plate, mobile frame, partitioning structure, and drive mechanism. This flexible design allows for modular configuration to accommodate PV inverter components of various sizes.
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