The Polaris Power Network provides you with information related to new energy storage, helping you stay updated on the latest developments in this field. For more information on new energy storage, please follow Polaris Power Network.
Recently, the Industrial and Information Technology Department of Anhui Province published a list of projects slated for support under the 2025 Business-Friendly Policy (Second Batch). This includes a focus on the high-quality development of advanced photovoltaic and new energy storage industry clusters. Companies like GCL-Poly and JA Solar are exploring new paths for energy transition in the Anhui photovoltaic market.
The key to addressing the intermittency of renewable energy lies in energy storage technology. The future calls for the development of high-performance, low-cost, and long-lifespan energy storage batteries, as well as advancements in thermal storage, hydrogen storage, and compressed air storage technologies. It is crucial to explore various integration models that combine new energy storage technologies with generation, grid, and user sides.
The State Grid Zhejiang Electric Power has announced that energy storage has already connected to the grid with a capacity of 700 MW, driven by the fluctuations in green electricity. Companies are focusing on a multi-faceted clean energy asset strategy, which includes co-generation, photovoltaics, wind energy, and new energy storage.
In response to the growing demand for new energy storage solutions, a notice was issued by the Southwest Region of Sichuan Province to further improve the pricing mechanism for new energy storage projects. This aims to lower initial investment thresholds by 15%-20% for user-side storage projects coming online by the end of 2026.
As competition in the new energy storage sector intensifies, the 2025 China New Energy Storage Industry Development White Paper was released, indicating that bidding for energy storage projects has become increasingly competitive, surpassing the intensity seen in 2023.
In Hubei Province, independent new energy storage projects can register directly to participate in the electricity market after completing the registration process, integrating with their respective operating entities.
On a national level, the State Energy Administration reported significant losses of 851 million yuan in net profit. Companies like Yicheng New Energy are committed to their strategy focused on new energy and new materials, emphasizing high-end carbon materials and new energy storage.
As of now, over 740,000 kW of new energy storage capacity has been integrated into the grid in Shandong, with lithium-ion battery projects accounting for more than 84.3% of the total capacity in the province.
With a focus on hydrogen energy, Gansu’s Jinchang City has outlined key initiatives for 2025 that emphasize the cultivation of future industries, including hydrogen energy and new energy storage. The city is actively promoting integrated models of source, grid, load, and storage to advance the hydrogen production industry.
In summary, new energy storage is becoming increasingly critical in the energy transition landscape. Various regions and companies are actively investing in and developing technologies that support the efficient utilization of renewable energy sources.
