1. Haichen Energy Storage Plans €400 Million Investment for Spanish Manufacturing Plant
On April 15, Haichen Energy Storage signed a strategic investment memorandum with the Government of Navarre, Spain. The company plans an initial investment of approximately €400 million (about RMB 3.2 billion) to build a large-scale energy storage battery and system manufacturing plant in Navarre. Both parties will establish a joint venture for project construction.
2. KuaiBu Officially Launches the World’s Second-Generation Containerized Energy Storage System
KuaiBu, strategically invested by CATL and Xiaomi, has officially delivered its second-generation containerized energy storage system. With a modular design, the system integrates PV power, batteries, charging units and energy management systems within a 33m³ container, equipped with self-developed AI monitoring and energy dispatching systems. Compared with the previous generation, the capacity rises from 1,069kWh to 2,036kWh and the power output increases from 400kW to 1,000kW, with higher energy density through compact module design.
3. Sige New Energy Officially Lists on HKEX
On April 16, Sige New Energy (Shanghai) Co., Ltd. was officially listed on the Main Board of the Hong Kong Stock Exchange. Founded in May 2022, the company completed its IPO within four years, setting a new record for the fastest Hong Kong listing by a Chinese enterprise. The global offering totals 13,573,900 H shares, including 1,357,400 public offering shares in Hong Kong. The net proceeds of approximately HK$4.189 billion will be used for R&D expansion, marketing and after-sales improvement, capacity expansion, product portfolio optimization, and commercial & industrial solar-storage-charging solution development.
4. Zhiguang Electric’s 2025 Energy Storage Revenue Reaches RMB 2.1 Billion, Accounting for Over Half of Total Revenue
On April 15, Zhiguang Electric released its 2025 annual report. The company achieved total revenue of RMB 3.822 billion, up 47.25% year-on-year, and net profit of RMB 136 million, up 141.51% year-on-year. Its independent energy storage station business achieved revenue of RMB 259 million and net profit of RMB 171 million. The Phase I Qingcheng independent energy storage station operates steadily with top-tier revenue performance in Guangdong Province.
5. CATL Q1 2026 Net Profit Up 49% YoY, Energy Storage Battery Sales Exceed 50GWh
On April 15, CATL released its Q1 2026 financial report. The company recorded revenue of RMB 129.131 billion, up 52.45% year-on-year, and net profit of RMB 20.738 billion, up 48.52% year-on-year, equivalent to a daily net profit of RMB 230 million. According to investor relations disclosure, CATL’s total power and energy storage battery sales exceeded 200GWh in Q1 2026, with energy storage batteries accounting for about 25%, translating to over 50GWh of energy storage battery shipments.
6. Energy Technology Sector Shifts from Scale Expansion to Resilience Development
According to the IEA’s Energy Technology Perspectives 2026, the global energy technology market is shifting from scale expansion to resilience building. From now to 2030, mature technologies including solar PV, wind power and EVs will drive industry growth. Emerging technologies such as low-carbon hydrogen production and CCUS will enter rational expansion after market adjustments. Early-stage technologies including nuclear fusion will receive increased policy support to verify economic feasibility.
7. Premier Li Qiang Highlights Energy Storage Three Times Within One Week
Premier Li Qiang mentioned energy storage during three key diplomatic events: a phone call with Australian Prime Minister Albanese on April 7 to deepen clean energy and energy storage cooperation; a meeting with Abu Dhabi Crown Prince Khaled on April 13 to expand energy storage and hydrogen collaboration; and a meeting with Spanish Prime Minister Sánchez on April 14 to define energy storage as a core area of China-EU green cooperation. Energy storage has upgraded from an industrial technical segment to a national strategic resource embedded in China’s global energy cooperation layout.
8. 18 Energy Regulatory Officials Release Guidance, Setting Six Red Lines for New Energy Development
In mid-April, 18 senior officials from regional energy regulatory authorities issued unified guidance covering major regional markets, clarifying key regulatory priorities for 2026 and the next five years. China’s new energy sector is transforming from scale-oriented extensive expansion to high-quality development focused on consumption, regulation and integration. Supervisory mechanisms are upgrading from flexible guidance to hard constraints. The new guidance serves as detailed implementation of the NEA’s official supervision circular issued in early April 2026.
9. Energy Storage Export Tax Rebate Tapering Policy Officially Implemented
From April 1 to December 31, 2026, the VAT export rebate rate for battery products will drop from 9% to 6%, and will be fully cancelled starting January 1, 2027. Chinese energy storage enterprises achieved 366GWh of new overseas orders in 2025, up 144% year-on-year. The policy will drive the industry to shift from price competition to technology and service-oriented value competition.
10. New Energy Storage Standard System Accelerates Development
The NEA released the 2026 energy industry standard guideline, prioritizing new energy storage and hydrogen energy, and clarifying compliance standards for compressed air, electrochemical, flywheel and other storage technologies. The Chinese Academy of Sciences achieved 88.28% efficiency for compressed air energy storage, narrowing the performance gap with lithium-ion batteries. The industry is shifting from blind expansion to standardized development. Improved industry standards will eliminate low-end capacity and further increase market share for leading technology and manufacturing enterprises.