On March 23, the 15th Energy Storage Conference and Exhibition (referred to as "CIES2025"), hosted by the China Association of Chemical and Physical Power Sources and jointly supported by more than 500 organizations, was held at the Hangzhou International Expo Center.

 

 

The scene from the 15th China International Energy Storage Conference

 

The CIES Conference, themed "Green, Digital Intelligence, Integration, and Innovation," will thoroughly explore key, topical, and challenging issues facing the energy storage industry—such as emerging opportunities and pressing hurdles. It will also feature discussions on sustainable development policy frameworks, capital markets, international markets, cost management strategies, intelligent system integration technologies, supply chain systems, business models, technical standards, exemplary project case studies, cutting-edge product innovations, and the widespread adoption and large-scale engineering applications of innovative solutions.

 

More than 1,651 companies from diverse sectors—including industry regulators, domestic and international organizations stationed in China, research institutions, grid operators, power generation firms, system integrators, and financial institutions—along with 61,290 registered online attendees, will participate in this year’s CIES Energy Storage Conference. The event will feature a live video broadcast on the Energy Storage Network’s official platform, attracting 90,000 viewers who will engage in discussions and exchanges. Among them, over 300 companies will showcase cutting-edge energy storage products, covering the entire industry chain—from system integration to lithium-ion batteries, sodium-ion batteries, flow batteries, solid-state batteries, PCS systems, BMS solutions, containerized systems, fire protection technologies, testing and certification services, flywheel energy storage, molten-salt thermal storage, compressed-air energy storage, vehicle-to-grid (V2G) integration, virtual power plants, and integrated solutions for source, grid, load, and storage.

 

The organizers have also invited two academicians from the Chinese Academy of Sciences, industry think-tank experts, and representatives from leading enterprises to deliver keynote speeches at the opening ceremony.

 

 

Wang Zeshen, Secretary-General of the China Association of Chemical and Physical Power Sources
 

Wang Zeshen, Secretary-General of the China Association of Chemical and Physical Power Sources Industry, stated in his speech that the development of China's new energy storage industry has always been in sync with the nation's strategic priorities. The CPC Central Committee and the State Council have placed great emphasis on advancing the development of new energy storage technologies. "Promoting the development of new energy storage" has already been incorporated into the Government Work Report. Moreover, the recently enacted and implemented "Energy Law of the People's Republic of China" underscores the need to drive high-quality growth in new energy storage, leveraging the regulatory roles of various storage systems within the power grid. The "Action Plan for High-Quality Development of the New Energy Storage Manufacturing Industry," jointly issued by eight ministries including the Ministry of Industry and Information Technology, highlights the importance of achieving advanced, intelligent, and environmentally friendly growth. Meanwhile, the National Energy Administration has taken a proactive approach to strategically coordinate and oversee the development of new energy storage, making it a key driver in fostering new forms of productivity within the energy sector. A series of supportive policies not only bolster confidence in the continued expansion of the new energy storage industry but also inject powerful momentum into steering China’s new energy storage sector toward even greater stability, sustainability, and innovation.

 

According to incomplete statistics from the Energy Storage Application Branch of the China Association of Chemical and Physical Power Sources Industry, in 2024, China added 42.46 GW/109.58 GWh of new energy storage capacity, accounting for over 60% of the global increase. This represents a year-on-year growth of 99.17% in power capacity and 129.56% in energy capacity compared to the previous year.

 

As of the end of 2024, China's cumulative installed capacity of new energy storage reached 74.66 GW / 176.45 GWh, representing year-on-year growth of 131.86% in power output and 163.8% in energy capacity—marking the first time new energy storage has surpassed pumped hydro storage.

 

The top 10 provinces all have a cumulative installed capacity exceeding 3 GW. Inner Mongolia is the first—and currently the only—province to surpass 10 GW, ranking first in the country in terms of power capacity. Xinjiang leads in total capacity, with both Xinjiang and Inner Mongolia boasting installed capacities exceeding 20 GWh.

 

Wang Zeshen pointed out that Guangxi, Qinghai, Shanxi, Anhui, Hubei, Henan, and Guizhou have each accumulated installed capacity exceeding 2 GW. Jiangsu ranks second nationwide in terms of newly added power capacity and third in total installed capacity, leading the country both on the grid side and at the user end in new installations. The top 10 provinces collectively added more than 1.5 GW/3 GWh of new capacity, with the combined capacity of the top 4 provinces accounting for over half of the national total, while the top 10 provinces together contributed more than 80% of the nation’s total new installed capacity.
 

 

Photos from the conference venue

 

In 2024, the newly installed capacity in East China, North China, and Northwest China all exceeded 10 GW, with East China leading at over 13 GW. The Northwest region saw the largest increase in new capacity, surpassing 36 GWh, while both East China and North China also recorded new capacities exceeding 27 GWh. Notably, projects on the generation and grid sides dominated in Northwest and North China, whereas East China ranked first nationwide in terms of new installations on both the grid side and the user side.

 

Wang Zeshen pointed out that the new installed capacity of lithium iron phosphate battery energy storage projects reached 39.38 GW/96.14 GWh, accounting for 92.64% of the total and continuing to dominate the market as the mainstream technology. Meanwhile, flow battery energy storage projects have entered the GWh-scale segment. Five compressed air energy storage projects were newly commissioned, with two of them—located in Yingcheng, Hubei, and Feicheng, Shandong—each reaching 300 MW in capacity. Additionally, Hebei JianTou’s liquid-air energy storage power station successfully connected to the grid and began trial operations. The first 100-MWh-scale sodium-ion battery energy storage project was also connected to the grid, while the first 100-MW-scale semi-solid-state battery energy storage system has been put into operation. Meanwhile, the 30-MW flywheel energy storage independent frequency modulation power station in Changzhi has been integrated into the grid. In 2024, the total newly installed capacity of hybrid energy storage projects reached 3.39 GW/9.386 GWh, predominantly featuring the "lithium iron phosphate + " model, with the largest scale achieved through the combination of lithium iron phosphate batteries and flow battery systems.

 

Wang Zeshen stated that in 2024, new installations of novel energy storage on the power supply side reached 13.47 GW/38.41 GWh, accounting for 35.05% of total capacity, with the majority concentrated in provinces and autonomous regions such as Xinjiang and Inner Mongolia. Meanwhile, independent/shared energy storage systems on the grid side saw new installations totaling 26.32 GW/64.82 GWh in 2024, representing 59.15% of the overall capacity. The total investment exceeded 93.5 billion yuan, primarily concentrated in provinces including Jiangsu, Inner Mongolia, Shandong, Qinghai, and Xinjiang.
 

 

Photos from the conference venue

 

In 2024, new user-side energy storage installations reached 2.67 GW/6.35 GWh, accounting for 5.79% of the total capacity, with major concentrations in provinces such as Jiangsu, Zhejiang, and Guangdong. In the East China region, user-side新增 installations totaled 1.45 GW/3.47 GWh, exceeding half of the nationwide user-side capacity. Among these, standalone commercial and industrial energy storage projects accounted for approximately 80% of the新增 user-side capacity, while projects integrating storage with charging, solar-plus-storage-with-charging, distributed photovoltaic systems paired with storage, and microgrids together made up about 20% of the user-side新增 capacity.

 

Wang Zeshen pointed out that in 2024, China completed a total of 1,189 energy storage procurement projects. Among these, the combined scale of EPC/PC (including equipment), energy storage systems, and battery cells reached 63.51 GW / 187.44 GWh. After accounting for multiple procurements of different types within the same project, the actual demand for energy storage systems stood at 61.04 GW / 179.18 GWh, representing a year-on-year increase of 72.42%. The total procurement value amounted to 158 billion yuan.

 

In 2024, the Huadian Group, China Energy Investment Corporation, State Power Investment Corporation, China National Nuclear Corporation, and China Energy Engineering Group all secured energy storage procurement projects totaling over 8 GWh each. Among them, the Huadian Group achieved the largest scale of project implementation, exceeding 10 GWh.

 

In 2024, the five major and six smaller power generation groups collectively secured energy storage procurement projects totaling 20.41 GW / 61.72 GWh, accounting for more than one-third of the nation's total capacity. Among these, the five major power generation groups secured 12.46 GW / 41.57 GWh, representing over two-thirds of the combined capacity from both the five major and six smaller groups. Meanwhile, the six smaller power generation groups achieved energy storage procurement projects amounting to 7.95 GW / 20.14 GWh.
 

 

Photos from the conference venue

 

Xinjiang has secured procurement projects totaling 6.48 GW / 23.42 GWh, leading the nation. Jiangsu, Inner Mongolia, and Shandong have each secured procurement projects exceeding 4 GW / 10 GWh. The Northwest, North China, and East China regions are the key driving forces behind the development of new energy storage technologies.

 

The decline in the price of lithium iron phosphate energy storage systems in 2024 is closely tied to both market supply and demand dynamics, as well as fluctuations in raw material prices. The price of battery-grade lithium carbonate has dropped from over 100,000 yuan per ton to below 80,000 yuan per ton, rebounding slightly after hitting its lowest point in September before stabilizing again. In December, the average price was approximately 75,550 yuan per ton.

 

The prices of 314Ah and 280Ah battery cells continue to decline, breaking their strong correlation with battery-grade lithium carbonate prices after September. Instead, market supply and demand have become the primary factors influencing pricing. By Q4 2024, 300Ah+ energy storage cells already account for nearly 50% of the global large-scale energy storage market share, and it is expected that 500Ah+ cells will begin mass production sequentially starting in the second half of 2025.

 

Wang Zeshen introduced that, as of now, the top 15 leading lithium-ion battery companies have a combined production capacity of nearly 1,700 GWh.

 

In 2024, China has planned a total of 93 energy storage lithium-ion battery production and manufacturing projects with an annual capacity of 832.2 GWh. Among these, investment details have been disclosed for 77 projects, totaling 303.75 billion yuan. Once fully operational, the annual output value is expected to reach 292.316 billion yuan.

 

The 108 energy storage system integration and manufacturing projects are planned to have an annual production capacity of 621.42 GWh, among which investment details have been disclosed for 76 projects, totaling 164.62 billion yuan. Once fully operational, these projects are expected to generate an annual output value of 242.065 billion yuan.

 

48 flow battery energy storage production and manufacturing projects are planned with an annual capacity of 124.28 GWh. Among these, investment details have been disclosed for 34 projects, totaling 92.654 billion yuan, and once fully operational, they are expected to generate an annual output value of 132.85 billion yuan.

 

A total of 48 sodium-ion battery energy storage production and manufacturing projects are planned, with an annual capacity of 254.7 GWh. Among these, investment details have been disclosed for 39 projects, amounting to a combined 126.77 billion yuan.

 

42 solid-state/semi-solid-state battery production projects are planned with an annual capacity of 235.5 GWh. Among these, 31 projects have disclosed their investment amounts, totaling 127.529 billion yuan, while 16 projects have revealed their projected annual output value after reaching full production, amounting to 96.6 billion yuan.

 

Eleven compressed air energy storage industry projects are planned with an annual production capacity of 3.4 GW, totaling over 4.978 billion yuan in investment. Once fully operational, these projects are expected to generate an annual output value exceeding 20.5 billion yuan.

 

Twenty-five flywheel energy storage manufacturing projects are planned, with an annual production capacity reaching 40.81 GW and a total investment exceeding 18.5 billion yuan. Once fully operational, these projects are expected to generate an annual output value of over 36.6 billion yuan.

 

 

Photos from the conference venue

 

According to an incomplete tally by CESA's Energy Storage Application Branch, as of the end of 2024, nearly 30 provinces and cities have announced their 2025 targets for the output value of the new energy storage industry chain and supply chain, with the total target exceeding 2 trillion yuan. By 2027, the projected total output value for new energy storage is nearly 3 trillion yuan, while by 2030, it is expected to reach close to 4 trillion yuan.

 

As of now, 26 Chinese companies—including CATL, EVE Energy, Guoxuan High-Tech, and Farasis Energy—have jointly invested in and established 65 lithium-ion battery and energy storage system integration manufacturing projects overseas. These projects, either already operational, under construction, or planned, boast a combined production capacity of up to 823 GWh. Among them, 34 projects have disclosed their investment amounts, totaling 355.8 billion yuan, with investments primarily concentrated in countries such as the United States, Hungary, Morocco, Indonesia, Spain, Germany, and Southeast Asia.

 

According to incomplete statistics from the CESA Energy Storage Application Branch Industry Database, China's domestic energy storage battery cell shipments in 2024 reached 301.04 GWh, representing a year-on-year increase of 55.87%. Globally, energy storage battery cell shipments totaled 323 GWh, up 53.81% from the previous year. Among the top 9 players, Chinese companies stood out, with their global share of lithium-ion battery shipments for energy storage rising to 93.2%. In 2024, approximately 43.3% of China's domestic energy storage battery cell shipments were exported overseas, amounting to around 130.4 GWh. Looking ahead to 2025, the global energy storage battery cell market is expected to maintain a growth rate of over 20%, with global shipments projected to surpass 390 GWh by the end of the year.

 

 

Photos from the conference venue

 

The CESA Energy Storage Application Branch’s industry database has tracked a total of 115 energy storage-related safety incidents worldwide. Analyzing the incident scenarios, we find that 17 occurred in battery manufacturing facilities (including 4 incidents at battery recycling plants), 5 happened during transportation, 1 took place at an engineering testing center, and 92 were reported at energy storage power stations. The total capacity of the energy storage power stations involved in these incidents exceeds 5 GWh. These incidents primarily span across various stages, including production, transportation, installation, commissioning, grid connection, and operations & maintenance.

 

Wang Zeshen pointed out that China's energy storage industry has transitioned from being "policy-driven" to "innovation-driven," and from focusing on "scale expansion" to prioritizing "quality and efficiency." He emphasized that the construction of new energy storage power stations must comprehensively consider each province's existing grid structure, current regulation capabilities, and power consumption capacity. By balancing these factors—optimizing overall construction costs, maximizing regulation capacity, and ensuring the highest possible power consumption—it is essential to adopt a systematic, collaborative, and holistic approach in order to overcome development challenges.

 

Wang Zeshen stated that this year's Two Sessions of the National People's Congress were successfully held, serving not only as a key indicator for domestic economic policymaking but also as an important opportunity for China to showcase its confidence in development and its commitment to global responsibility on the world stage. China’s growth is inseparable from the world, and the world’s progress, in turn, relies on China! The Chinese energy storage industry will actively engage in international cooperation with even stronger innovation capabilities, seamlessly integrating into the globalized industrial, supply, and value chains. Together with countries around the globe, we will tackle global climate change and accelerate the energy transition, continuously contributing China’s innovative wisdom and tailored solutions toward a greener, low-carbon future for humanity.

 

 

Sun Ying, Deputy Director of the Energy Research Institute at the China Academy of Macroeconomic Research

 

Sun Ying, Deputy Director of the Energy Research Institute at the China Academy of Macroeconomic Research, stated in her speech that the global energy structure is currently undergoing a rapid transformation, with the installed capacity of new energy sources—led by photovoltaics and wind power—continuously surging. Meanwhile, energy storage has emerged as a critical supporting technology for the emerging power systems. In recent years, China's energy storage industry has entered a phase of rapid growth, witnessing diverse technological approaches and expanding application scenarios across the board. By the end of 2024, the installed capacity of new energy storage reached 73.76 million kilowatts, surpassing that of pumped hydro storage. Lithium-ion battery storage remains the market leader, while other technologies such as compressed air, flow batteries, and flywheel systems are accelerating their adoption. Several large-scale projects—each exceeding 300 megawatts in compressed air energy storage, 100-megawatt-level flow battery storage, and megawatt-class flywheel energy storage—are now under construction, highlighting the increasingly diversified development trend in energy storage technologies.

 

Sun Ying pointed out that in February of this year, the National Development and Reform Commission and the National Energy Administration jointly issued the "Notice on Deepening Market-Oriented Reform of New Energy Grid Parity Prices and Promoting High-Quality Development of New Energy," which, while encouraging new energy sources to participate in the electricity market, also created an external environment conducive to the market-driven development of energy storage. In the same month, the Ministry of Industry and Information Technology, along with other departments, released the "Action Plan for High-Quality Development of the New Energy Storage Manufacturing Industry," outlining clear directions for future technological innovation, industrial layout, and demonstration applications. The new energy storage industry is steadily transitioning from its early commercialization phase toward large-scale growth. Looking ahead, as the capacity of new energy power generation continues to expand, new energy storage will gradually emerge as a key tool for ensuring a secure power supply and facilitating the integration of renewable energy. As a result, the strategic window of opportunity for industry development is accelerating its arrival.

 

 

Liu Shunda, President of the China Association for Power Equipment Management
 

Liu Shunda, President of the China Association for Power Equipment Management, former Chairman of the Supervisory Board of State-Owned Key Large Enterprises under the State-owned Assets Supervision and Administration Commission of the State Council, and former Chairman and Party Secretary of China Datang Corporation, stated in his speech that in 1987, China's total installed power capacity was only 100 GW, but by the end of last year, it had surged to 350 GW—among which wind and solar energy already accounted for 42%. This remarkable achievement underscores the rapid development and structural optimization of China's power industry over the past few decades. However, despite the significant growth in installed power capacity, electricity still accounts for less than 30% of final energy consumption. Notably, in 2014, the Chinese government issued a call to drive three transformative shifts in China's intelligent manufacturing sector, alongside four major energy revolutions and one initiative for international cooperation. This signals that we must further intensify efforts in developing and deploying new energy sources, particularly in cutting-edge energy storage technologies, where both new opportunities and challenges lie ahead.

 

Chairman Liu Shunda also mentioned that the China Electricity Equipment Management Association launched the initiative titled "Ensuring Safety and Supply, Promoting Orderly Transformation" in 2022. He went on to elaborate on the initiative's core concept: "One Integration, Three Characteristics" provides the guiding direction. "One Integration" refers to the shared community of destiny for the new-type power system, while "Three Characteristics"—systematicness, wholeness, and synergy—underscore the importance of these principles. Meanwhile, "Two Verticals and Four Horizontals" offer a comprehensive framework for overall management: the "Two Verticals" stand for vertically unified planning and unified dispatching, whereas the "Four Horizontals" emphasize horizontally unified standards, a unified platform (market), unified computation, and unified evaluation and assessment. Finally, "Three Loops and Four Chains" ensure effective implementation: the "Three Loops"—demand loop, problem loop, and goal-result loop—along with the "Excellence Loop," which focuses on higher quality, greater efficiency, fairness, sustainability, and safety; and the "Essential Standards Loop," highlighting essential practices such as intrinsic conservation, cleanliness, safety, sustainability, and aesthetic appeal. Lastly, the "Four Chains"—standard chain, quality chain, responsibility chain, and digital chain—form the backbone of this holistic approach.

 

Looking forward to the future and passionately pursuing our dreams, Chairman Liu Shunda proposed the concept of "Three-Five-Three Online," along with three grand aspirations. Focusing intently on a single, significant endeavor, he emphasized that the Three Publics of Mount Tai—openness, fairness, and impartiality—are ready to engage in a profound dialogue. "Three-Five" refers to five essential elements of the fifth watch period, as well as five key innovations: new technologies, new materials, new processes, new equipment, and new services. "Three-Three" embodies three guiding principles: first, doing things your own way; second, earning others' approval through your actions; and third, ensuring that those who promise action actually deliver. "Three Online" highlights three core commitments: delivering satisfaction online, striving for excellence online, and upholding accountability at all times. Meanwhile, "Three-One" underscores three hallmarks of excellence: setting industry-leading standards, building world-class brands, and developing top-tier products. Finally, "Three-Have" represents three vital pillars: fostering an active government, nurturing an efficient market, and establishing a robust, collaborative sharing platform. Lastly, the "Three Grand Aspirations" emphasize achieving balanced and orderly progress, maintaining steady and harmonious development, and promoting fair, competitive practices. At the heart of it all lies the vision of uniting hearts and minds, channeling collective energy toward a shared goal.

 

 

Ji Kan, Secretary of the Party Committee and Chairman of China Electrical Equipment Group Energy Storage Technology Co., Ltd.
 

In his speech, Ji Kan, Party Secretary and Chairman of China Electric Equipment Group Energy Storage Technology Co., Ltd., stated that the company has so far delivered over 35 gigawatt-hours of energy storage systems, maintaining a leading position in the industry. The company has actively contributed to the successful completion of some landmark projects, including the world's largest-capacity virtual synchronous technology demonstration project in Haixi Prefecture, the globe's first 100-megawatt-hour intelligent string-based grid-forming energy storage project, and China's highest-altitude and most challenging environmental energy storage station located in Gangba, Tibet. Additionally, the company has spearheaded the nation’s "Belt and Road" initiative by providing high-quality support for Africa's largest single-site electrochemical energy storage project. Meanwhile, residential energy storage solutions from the company have been deployed across various countries, including those in South Asia, Germany, Spain, and Italy. These groundbreaking projects, spanning continents and overcoming geographical barriers, continue to underscore China Electric Equipment Group Energy Storage's commitment and leadership in driving innovation within the burgeoning energy storage sector!

 

Ji Kan stated that, as a practitioner and leader in the energy revolution, China Electric Equipment Energy Storage has always embraced its mission as a "critical national asset," working hand-in-hand with all sectors of society to share technological advancements and jointly drive the research, development, and application of energy storage technologies. In doing so, we aim to contribute Chinese wisdom and solutions to the global energy transformation. We firmly believe that breakthroughs in energy storage technology are not only the cornerstone of our company's competitiveness but also a strategic pillar for safeguarding national energy security and accelerating the global transition toward a green economy. With the determination of climbers, we will actively engage in both competition and collaboration within the international energy storage market, fostering a new paradigm of high-quality industry development. Above all, we are committed to ensuring safety remains the defining hallmark of the energy storage sector, thereby empowering central enterprises to play a vital role in building a modern energy system that is clean, low-carbon, safe, and highly efficient.

 

Ji Kan pointed out that, as the "national team" in the energy storage sector, China Electric Equipment Energy Storage is closely aligned with the nation's "Dual Carbon" strategy, seizing the opportunity presented by the construction of a new-type power system. Guided by the principles of "innovative technological prowess, industrial control capabilities, and robust safety support," the company aims to become a world-class integrated supplier of intelligent energy storage equipment systems. Currently, the company boasts 3 national-level enterprise technology centers, 4 laboratories at or above provincial/ministerial level, and 1 CNAS-accredited laboratory. It has also launched 35 new products and completed industry assessments of 7 scientific and technological achievements—among which 5 have reached internationally leading levels. Additionally, the company has earned numerous prestigious awards, including the National Science and Technology Progress Award and the State Grid Science and Technology Progress Award. Moreover, it has spearheaded the development of 46 national and industry standards and maintains a highly skilled research team of over 200 experts, setting a "China benchmark" for the global energy storage industry.

 

 

Gao Xiubing, Executive President of Zhejiang Nandu Power Source & Energy Co., Ltd.

 

Gao Xiubing, Executive President of Zhejiang Nandu Power Supply Dynamics Co., Ltd., stated in his speech that the global energy industry is currently at a critical juncture in its green and low-carbon transformation. As a key enabler for the large-scale, efficient development and utilization of new energy sources, energy storage is now entering a period of robust growth.

 

Gao Xiubing stated that recently, the National Development and Reform Commission and the National Energy Administration jointly issued the "Notice on Deepening Market-Oriented Reform of New Energy Grid Parity Prices and Promoting High-Quality Development of New Energy," clearly emphasizing the need to fully integrate new energy generation into the electricity market, allowing prices to be determined through market transactions, while simultaneously establishing a price settlement mechanism that supports the sustainable growth of new energy. This reform will accelerate the marketization process in the new energy sector, foster efficient resource allocation, and propel the high-quality development of new energy—ultimately creating new opportunities for growth in the energy storage industry as well.

 

Gao Xiubing pointed out that the Ministry of Industry and Information Technology, along with seven other departments, jointly issued the "Action Plan for High-Quality Development of the New Energy Storage Manufacturing Industry," outlining that by 2027, China's new energy storage manufacturing sector will showcase prominent international competitiveness across its entire industrial chain. Leading enterprises in the industry will continue to grow stronger, while the sector's innovation capacity and overall competitiveness will see significant improvements, paving the way for high-end, intelligent, and green development. This action plan clearly sets the direction for the energy storage industry, accelerating innovation and application of cutting-edge energy storage technologies and driving the industry toward sustainable, high-quality growth.

 

Gao Xiubing stated that, as a member of the energy storage industry, Nandu Power has always been committed to driving the development of the energy storage sector. The company adheres to its "Three Integrations and One Fusion" strategy—integrating industry, sales & service, and global operations, while fostering deep collaboration within the industry ecosystem—aiming to build an internationally competitive energy storage enterprise through comprehensive industrial chain deployment, a global perspective, seamless integration of sales and services, and close partnerships with the broader industry ecosystem.

 

 

Cui Jian, President of Xiamen Kehua Digital Energy Technology Co., Ltd.

 

Cui Jian, President of Xiamen Kehua Shuneng Technology Co., Ltd., stated in his speech that in 2024, new energy storage projects have entered the GWh era, marking the beginning of large-scale development and laying the groundwork for widespread commercial applications. This year has witnessed explosive growth in the energy storage industry, driven by expanding market size, groundbreaking technological advancements, and innovative policy initiatives.

 

Cui Jian pointed out that while the industry is experiencing rapid growth, we must also clearly recognize the challenges it faces: increasingly fierce "involution-style" competition in system pricing, steadily declining returns on energy storage assets, the urgent need for breakthroughs in business model innovation, a rising frequency of safety incidents, and the growing sense of disconnect caused by the industry's leapfrog development leading to misalignment within the supply chain. These issues are not only obstacles but also essential steps on the path toward high-quality industry development—challenges that require us to face them objectively and reflect on them calmly.

 

Cui Jian pointed out that, against the backdrop of the global energy transition and China's "Dual Carbon" goals, Kehua Digital Energy has consistently remained customer-centric, leveraging cutting-edge technology to empower its products and solutions. In 2024, Kehua Digital Energy achieved breakthroughs in liquid-cooling technology and grid-forming energy storage solutions, introducing a comprehensive three-in-one energy storage system solution featuring "all-liquid cooling heat dissipation + full-station top-air ventilation +全域 grid-forming architecture." The company continues to deepen its focus on diversifying applications across various energy storage scenarios—whether it’s high-altitude snowy plateaus, the foothills of the Kunlun Mountains, or the shores of the East China Sea—crafting a robust network of real-world case studies that seamlessly cover "extreme environments + diverse customer needs." Building on its parent company’s 37-year expertise in power electronics and advanced big data modeling capabilities, Kehua Digital Energy is deeply integrating "AI + Energy Management," deploying AI technologies and sophisticated big data algorithms in multiple areas such as energy management and intelligent operations & maintenance. This integration enables end-to-end, full-lifecycle intelligent management of energy storage plants, driving the industry toward smarter, more efficient operational practices.

 

Cui Jian stated that the future of the energy storage industry is filled with limitless possibilities—and challenges. Let’s work together, embracing a more open mindset, adopting a more pragmatic approach, and cultivating increasingly innovative thinking, to jointly drive the prosperity and growth of the global energy storage sector.

 

 

Liu Lei, Co-founder and Chief Manufacturing Officer of Weijing Energy Storage Technology Co., Ltd.

 

Liu Lei, Co-founder and Chief Manufacturing Officer of Weijing Energy Storage Technology Co., Ltd., stated in his speech that, with the global energy structure undergoing a transformative shift, energy storage technology is emerging as a key driver in building next-generation power systems. The Chinese government is vigorously promoting the "integrated source-grid-load-storage" model for new power systems, leading to a rapid surge in demand for energy storage. As a result, flow batteries are now poised for unprecedented growth opportunities.

 

Liu Lei stated that flow batteries, as a long-term energy storage solution, boast vast market potential and are poised to significantly increase their market share in the future, becoming a vital component of the energy storage industry. In terms of industrialization, Weijing Energy Storage has already made remarkable progress. In 2023, Beijing Energy Storage inaugurated the world’s first G-watt-scale flow battery factory—the Zhuhai Super Factory—marking the entry of flow battery technology into large-scale production. Over the past two years, the company has collaborated with hundreds of partners, achieving breakthroughs across the zinc-iron flow battery industry chain, while simultaneously witnessing rapid growth in both production capacity and technological capabilities.

 

Liu Lei called on more enterprises and research institutions to join the innovation efforts in flow battery technology, working together to drive the high-quality development of this trillion-level industrial chain. He emphasized that advancements in energy storage technology rely on collaboration among all stakeholders—and only through the collective efforts of multiple parties can flow batteries continue to innovate, reduce costs, and expand into broader application markets.

 

Liu Lei also emphasized the importance of industry collaboration, noting that whether it’s private enterprises, state-owned companies, or research institutions and manufacturing firms, only through cooperation can flow battery technology continuously innovate, driving down costs and expanding application markets. Innovation in flow battery technology will accelerate the rapid development of the energy storage industry, paving the way for a global transition in energy systems.

 

 

2025 New Energy Storage Pioneering Entrepreneurs High-Level Dialogue Session

 

At the 2025 New Energy Storage Pioneering Entrepreneurs High-Level Dialogue, outstanding representatives from leading companies in the energy storage sector unanimously emphasized that electricity price fluctuations in energy storage projects are influenced by a multitude of factors, including policy regulations, grid characteristics, meteorological conditions, and electricity demand patterns. These factors can lead to significant variations in price differences across different time periods and shifts in peak-and-valley pricing, posing challenges to the revenue stability of energy storage plants and reducing the predictability of investment returns. As a result, energy storage projects will need to adapt to a power market environment where prices can both rise and fall.

 

The attendees proposed the following suggestions:

 

First, the market-driven development of energy storage will place higher demands on the safety and quality assurance of energy storage systems. As a result, the performance and cost throughout the entire lifecycle of power plants will receive increasing attention. Meanwhile, companies across the industry chain will step up their efforts in technological innovation, striving to enhance product performance while reducing costs—ultimately enabling them to better meet customer needs and preventing the "bad money driving out good" scenario.

 

Second, establish and improve a new energy storage pricing mechanism. As an independent market participant, new energy storage will engage in spot markets and medium-to-long-term trading mechanisms, reasonably relaxing price caps in the spot market. This will fully leverage price signals to balance electricity supply and demand, thereby enhancing the profitability of energy storage projects.

 

Third, all regions should strengthen the coordinated analysis of various flexibility resources and establish a flexible, dynamic adjustment mechanism. This approach should align with national policy guidelines while also meeting the needs of industrial development, ensuring policy continuity and safeguarding the stable, sustainable growth of the energy storage industry.

 

After thorough consultations between the China Association of Chemical and Physical Power Sources Industry and the German Energy Storage Association, both organizations reached a consensus on enhancing the global influence of the China-Germany energy storage industry and fostering international collaboration. Taking this conference as an opportunity, the two associations jointly signed the "China-Germany Energy Storage Industry Cooperation Memorandum of Understanding," actively promoting practical cooperation between the two countries in the energy storage sector, as well as advancing the development of global channel resources.

 

 

The scene of the signing ceremony

 

Wang Zeshen, Secretary-General of the China Association of Chemical and Physical Power Sources, and Gerrit Lühring, Senior Expert from the German Energy Storage Association, signed the agreement on-site.

 

Under the new circumstances, the Chinese and German associations are committed to upholding the principle of mutual benefit and cooperation, fostering open communication on shared concerns, strengthening coordination within the new energy and advanced energy storage industry chains and supply chains, expanding channels for exchange and collaboration mechanisms, and elevating the level of innovative technology partnerships in the field of advanced energy storage—thereby injecting greater momentum into the global energy storage market and helping to ensure a stable and fully integrated supply chain.

 

 

Academician Zhao Tianshou, an academician of the Chinese Academy of Sciences and Director of the Institute for Carbon-Neutral Energy at Southern University of Science and Technology

 

Academician Zhao Tianshou, an academician of the Chinese Academy of Sciences and Director of the Institute for Carbon-Neutral Energy at Southern University of Science and Technology, highlighted in his keynote report titled "Development and Application of Safe Long-Duration Flow Battery Energy Storage Technology" that although China has already taken a global lead in installed capacity for photovoltaic and wind energy, these renewable sources—characterized by their high degree of randomness and unpredictability—pose significant challenges in replacing fossil fuels and achieving carbon neutrality. Therefore, energy storage technologies, particularly the research and application of flow batteries, have become increasingly crucial. First, flow batteries boast superior safety, as they utilize aqueous solutions as electrolytes, ensuring stability even under extreme conditions such as high temperatures or short circuits. Second, flow batteries offer decoupled energy and power capabilities, providing remarkable flexibility to meet diverse energy storage needs. Additionally, flow batteries feature exceptionally long cycle lifetimes, enabling them to maintain consistent performance over extended periods, thereby reducing operational costs. Beyond their suitability for both the generation and grid sides, flow batteries also hold great potential for widespread adoption on the user side, making them a promising technology with substantial market prospects.

 

Academician Zhao Tianshou pointed out that although flow batteries offer multiple advantages, their widespread adoption still faces cost challenges, particularly in terms of electrolyte and stack expenses. The key to reducing the cost of flow batteries lies in enhancing current density and improving the utilization rate of the electrolyte. Increasing current density can minimize the amount of materials required for the battery, thereby lowering costs and boosting efficiency. Moreover, flow batteries also encounter challenges in achieving significant technological breakthroughs—for instance, optimizing the battery's reaction mechanisms and enhancing ion-transport efficiency remain critical areas of ongoing research.

 

Academician Zhao Tianshou further introduced the latest technological innovations in flow batteries, particularly highlighting the application of multidisciplinary research in flow battery technology. By integrating insights from fields such as electrochemistry, physics, and materials science, researchers are gaining a deeper understanding of the reaction mechanisms within flow batteries, thereby enhancing their overall performance. Meanwhile, artificial intelligence and machine learning approaches have also been applied to battery design, leveraging a combination of simulation data and experimental results to optimize battery structures, boost current density, and improve energy conversion efficiency. Additionally, significant breakthroughs have been achieved in optimizing key components and electrolytes for flow batteries, further accelerating the advancement of this promising technology.

 

Academician Zhao Tianshou particularly emphasized the innovation and promising applications of all-vanadium redox flow batteries. These batteries feature a symmetric electrode structure, which helps minimize cross-contamination, extend battery life, and enhance energy conversion efficiency. This technology is especially well-suited for large-scale energy storage, holding vast potential for diverse market applications. All-vanadium redox flow batteries demonstrate significant application potential across various scenarios—on the power generation side, the grid side, and even at the user level.

 

Academician Zhao Tianshou stated that flow battery technology is rapidly advancing and has garnered significant attention from governments and enterprises worldwide. As breakthroughs continue to be made in flow battery technology—particularly in areas such as safety and flexibility—these batteries are poised to play a crucial role in the field of renewable energy storage. However, to facilitate the widespread adoption of this technology, the industry still needs to overcome cost barriers, further drive technological innovation, and strengthen the development of the entire industrial chain, ultimately paving the way for the market-driven application of flow batteries.

 

Academician Zhao Tianshou concluded that, with the continuous advancement of photovoltaic, wind power, and energy storage technologies, flow batteries—owing to their high safety, flexibility, and long lifespan—will undoubtedly play a pivotal role in future energy systems. As technology improves and costs decline, flow batteries are poised to become a key driver in achieving carbon neutrality goals. Looking ahead, President Zhao expressed unwavering confidence, emphasizing that flow batteries will be one of the core technologies enabling the large-scale replacement of fossil fuels with renewable energy sources.

 

 

Shu Yinbiao, Academician of the Chinese Academy of Engineering and Chairman of the China Electrical Engineering Society

 

       Academician Shu Yinbiao, an academician of the Chinese Academy of Engineering and Chairman of the China Electrical Engineering Society, delivered a report titled "New Energy Storage Empowering the Construction of a New Power System."

 

 

Liu Yafang, Adjunct Professor at Zhejiang University and former Deputy Director-General of the Science and Technology Department of the National Energy Administration

 

Zhejiang University adjunct professor Liu Yafang pointed out in her keynote report titled "New Trends and Tasks in China's Emerging Energy Storage Development" that wind and solar power generation are characterized by volatility, randomness, and intermittency. As these renewable sources continue to expand at a large scale, traditional power systems must enhance their flexibility and regulation capabilities. Moreover, emerging energy storage technologies demonstrate significant value in ensuring the safe and stable operation of the power grid, boosting the proportion of wind and solar power integrated into the grid and effectively consumed, as well as improving grid reliability and maximizing the utilization of energy and resources.

 

Liu Yafang believes that new energy storage technologies continue to evolve in a diversified manner. Among these, hybrid and coupled energy storage applications are already demonstrating significant potential and promising prospects. Specifically: On one hand, lithium-ion battery technology remains at the forefront, while other innovative approaches—such as compressed-gas energy storage, flow batteries, lead-carbon batteries, and molten-salt energy storage—are rapidly gaining traction, each carving out its own niche within the broader tech landscape. Meanwhile, emerging technologies like flywheels, sodium-ion batteries, supercapacitors, and solid-state/semi-solid-state batteries are steadily advancing. On the other hand, multiple energy storage technologies are increasingly being integrated and applied synergistically, leading to a growing number of engineering demonstration projects focused on hybrid energy storage systems. Additionally, coupled energy storage applications—including concentrated solar power, flexible upgrades for thermal power plants, grid-forming energy storage, and virtual power plants—are expanding rapidly in scale. Meanwhile, several green-energy-to-hydrogen/ammonia/alcohol projects are currently being planned and constructed, with ongoing efforts to explore deeper synergies and system optimizations between renewable power generation (such as wind and solar) and the chemical processes involved in producing hydrogen, ammonia, or alcohols. In recent years, China’s new energy storage industry has surged ahead, achieving impressive growth in installed capacity. Data shows that in 2020, new energy storage accounted for only about 8% of China’s total installed energy storage capacity, but by the end of 2024, this figure had soared to 56%, surpassing even pumped hydro storage for the first time.

 

Liu Yafang analyzed that in recent years, China has seen a significant expansion in the installed capacity of wind and solar power, yet the growth in actual electricity generation has lagged behind. As of the end of 2024, wind and solar power accounted for 42% of the nation’s total installed power capacity, but their contribution to the country’s overall electricity output remained at just 18%. This highlights the power system’s insufficient ability to integrate and accommodate these volatile energy sources, underscoring the urgent need for advanced energy storage solutions to bridge the gap in flexibility. Given the intrinsic link between the high-quality development of wind and solar power and the rapid advancement of new energy storage technologies, Document No. 136—by setting forth clear requirements for the market-oriented, high-quality growth of renewable energy generation—has already charted a clear path forward for the swift and sustainable development of next-generation energy storage systems.

 

Liu Yafang pointed out that, starting from the 15th Five-Year Plan period, the nation will comprehensively evaluate and assess local governments, industrial parks, and enterprises on both the total amount and intensity of their carbon emissions, in order to implement the mandatory "dual carbon control" system. According to the "Work Plan for Accelerating the Establishment of a Dual Carbon Emission Control System," released by the State Council in 2024, China aims to establish a greenhouse gas emission factor database by 2025 and further refine carbon footprint accounting standards. This means that this year, governments and businesses across the country must step up their efforts even more and promptly roll out initiatives focused on energy conservation and carbon reduction.

 

Liu Yafang emphasized that the "eighteen skills" of new energy storage can help enterprises achieve energy conservation, emission reduction, carbon abatement, cost optimization, environmental greening, and efficiency enhancement. First, these include key technologies for the high-quality development of centralized and distributed wind and solar power generation. Second, they provide essential tools for industrial and commercial enterprises to efficiently utilize electricity, heat, cooling energy, and potential energy. Finally, they serve as an effective approach for various industrial parks to comprehensively integrate and recycle multiple renewable energy sources and resources, ultimately helping to build zero-carbon parks.

 

Liu Yafang stated that since 2024, the country has intensively introduced a series of policies and regulations—ranging from power market development and enhanced grid connection scheduling to the construction of a new-type power system, high-quality distribution network growth, renewable energy substitution, dual-control measures on carbon emissions, as well as the Energy Law and standardization initiatives—which have collectively opened up vast market opportunities for next-generation energy storage technologies, effectively paving the way for a "golden track." Notably, in March 2024, the Government Work Report officially defined new energy storage as "new-quality productivity," while the March 2025 Government Work Report further elevated it to the status of a "rapidly growing emerging industry." These landmark statements clearly demonstrate the CPC Central Committee and the State Council's strong endorsement of new energy storage, firmly setting the policy foundation for its future development. Meanwhile, capital support continues to strengthen, with the National Development and Reform Commission actively promoting the establishment of a "carrier-class" venture investment guidance fund, explicitly prioritizing cutting-edge technologies such as energy storage. This initiative will accelerate the commercialization of scientific and technological achievements, foster self-reliance and innovation in science and technology, and ultimately drive the rapid expansion of the new energy storage industry.

 

Finally, Liu Yafang said, "With the vast ocean as your stage, fish can leap freely; under the boundless sky, birds are free to soar." She wished her colleagues in the new energy storage field would diligently hone their skills, foster innovation, continuously improve, and ultimately achieve all their aspirations.

 

 

Wang Delin, Deputy Chief Engineer and Professor-Level Senior Engineer at the Dispatch Control Center of State Grid Corporation of China

 

Wang Delin, Deputy Chief Engineer and a professor-level senior engineer at the Dispatching and Control Center of State Grid Corporation of China, pointed out in his keynote report titled "Virtual Power Plants and the Electricity Market" that China's electricity market features an overall architecture characterized by spatial alternation, temporal succession, and complementary objectivity. These diverse markets operate in synergy to ensure reliable power supply, promote clean energy consumption, efficiently allocate resources, determine prices for electricity commodities, encourage participation from various stakeholders in system regulation, and guide investment decisions in power source and grid planning.

 

Wang Delin stated that the generation capacity market refers to a market where reliability-based installed capacity serves as the trading commodity. Some power generators find it challenging to recover their entire investment and operational costs solely through the spot market. Therefore, to ensure sufficient total installed capacity in the system and provide adequate compensation to units delivering reliable capacity, it is essential to establish a capacity cost recovery mechanism, which primarily comprises three key components: scarcity pricing mechanisms, capacity cost compensation schemes, and capacity markets.

 

Wang Delin pointed out that, overall, under the current rapid growth trend of the industry, virtual power plant operators are actively aggregating various entities—such as adjustable loads, user-side energy storage, and distributed power sources—to accelerate resource acquisition and scale up operations. However, the actual adjustable capacity remains relatively small, limiting their ability to significantly contribute to grid regulation. In terms of the scale of aggregated resources, virtual power plants are currently in a development phase focused on expanding the "total pie," yet the actual adjustable capacity they have aggregated accounts for only about 1% of the peak load.

 

Wang Delin pointed out that, according to incomplete statistics, the revenue levels of virtual power plants vary significantly due to a variety of factors, including the types of aggregated resources, project scale, technological capabilities, supply-and-demand dynamics, and the types of markets involved. Among key provinces, 52 projects generated annual revenues ranging from 2 million to 30 million yuan; however, after deducting annual operating expenses, only 5 of these projects turned a profit. Moreover, in typical projects, the revenue earned by aggregated users accounted for just 0.05% to 6.48% of their own annual electricity costs, indicating a relatively weak sense of benefit from participating in system regulation through virtual power plants. Overall, based on market participation and revenue performance, current virtual power plants primarily focus on ancillary services and demand response initiatives—and judging from these typical projects, their economic viability remains limited.

 

Wang Delin pointed out that, from the perspective of market entity types, state-owned capital currently dominates virtual power plant investments, while private capital is rapidly entering the sector. State-owned capital primarily invests in virtual power plants through energy and power companies such as power generation groups and grid enterprises. In terms of capital types, 66% of operational virtual power plants are backed by state-owned enterprises, while 34% are funded by private firms. Meanwhile, private companies are accelerating their involvement—particularly in eastern coastal regions like Shanghai and Fujian, where more than half of the operational virtual power plants are now owned by private businesses.

 

 

Zheng Yaodong, a specialist receiving a special allowance from the State Council, Vice Chairman of the IEEE PES Energy Storage Technology Committee (China), and Guest Professor at Zhejiang University's Qiu Shi Chair.

 

Zheng Yaodong, an expert receiving a special allowance from the State Council, Vice Chairman of the IEEE PES Energy Storage Technology Committee (China), and Visiting Professor at Zhejiang University's Qiu Shi Program, delivered a keynote report titled "Exploring the Operation of New Energy Storage Technologies." In his presentation, he focused on analyzing new energy storage policies, examining the current status of domestic profit models for emerging storage solutions, designing operational mechanisms tailored to these technologies, outlining typical profitability models for energy storage power stations, and sharing insights into industry development trends.

 

 

Chen Xiang, Senior Vice President of Huizhou EVE Energy Co., Ltd. and President of Wuhan EVE Energy Storage Co., Ltd.

 

Chen Xiang, Senior Vice President of Huizhou EVE Energy Co., Ltd. and President of Wuhan EVE Energy Storage Co., Ltd., highlighted in his keynote report titled "Dual Engines of Technology and Quality: Accelerating the Scaling Up of Energy Storage" that the global energy storage market is growing far faster than expected. China, North America, and Europe continue to lead as the three core markets, while emerging regions such as Central Asia, India, and Southeast Asia are already experiencing explosive growth. Notably, there are significant differences in regional market demands: some areas are primarily focused on ensuring basic electricity access, while others are concentrating on optimizing energy structures. This diversified demand compels companies to adopt a more flexible approach when designing products and solutions.

 

Chen Xiang emphasized that the domestic market is currently undergoing a profound transformation—from being driven by policies to being propelled by market forces. The previous development model, which relied heavily on policy subsidies and technological breakthroughs, is now shifting to confront challenges posed by market-oriented mechanisms such as arbitrage opportunities arising from peak-and-valley electricity pricing and capacity leasing. In contrast, mature business models and robust financial support systems in overseas markets offer far greater value for借鉴. This fundamental difference underscores that Chinese companies cannot simply replicate their domestic strategies when pursuing global expansion; instead, they must deeply integrate into local industry ecosystems.

 

Chen Xiang stated that, driven by both business strategy and technological innovation, EVE Energy has established a deeply integrated ecosystem spanning consumer, power, and energy-storage battery segments. In terms of product iteration, the company has successfully scaled up production—from 50Ah cells to the groundbreaking 680Ah large-format lithium iron phosphate batteries. For instance, last year, EVE Energy inaugurated its 60GWh super factory in Jingmen, which has already begun small-batch production of the game-changing 680Ah lithium iron phosphate cells. The company plans to complete construction of two 100-megawatt-scale demonstration power stations by June, using real-world scenarios to validate the long-term reliability of these high-capacity cells—and ultimately enabling the company to keep pushing forward in an increasingly competitive market environment.

 

Chen Xiang pointed out that the energy storage needs of ultra-large data centers and edge computing nodes are becoming increasingly polarized: while both require hundred-megawatt-scale systems to ensure power supply quality, there is also an urgent need for modular, intelligent, and distributed solutions. To address this, EVE Energy has introduced the CLS (Collaboration, Technology Licensing, Service) model, enabling it to share its core capabilities with partners and jointly explore the promising new market segment of industrial and commercial energy storage. Chen Xiang emphasized that the industry is poised to reach a critical turning point within the next 3 to 5 years. He added that the company will anchor its value through a global expansion strategy, solidify its foundation with empirical data, and foster a high-quality energy storage ecosystem by driving breakthroughs in both technological innovation and practical application scenarios.

 

 

Dr. Yang Kai, Director of the Energy Storage Product Research Institute at Jiangsu Tianhe Energy Storage Co., Ltd.

 

Dr. Yang Kai, Director of the Energy Storage Product Research Institute at Jiangsu Tianhe Energy Storage Co., Ltd., pointed out in his keynote report titled "Focusing on Scenarios, Empowering the Future" that regional and diversified application scenarios are becoming increasingly abundant, driving a growing demand for scenario-specific energy storage solutions in the global market. The era when a single product could dominate the entire industry is over—now is the dawn of the era of scenario-based energy storage solutions.

 

Yang Kai pointed out that the northwestern region, as a core area for large-scale wind and solar power base construction, is predominantly characterized by environments such as sand, Gobi desert, and barren landscapes. These natural conditions are relatively complex and harsh, often exposing the area to challenges like high altitudes, low temperatures, and intense windblown sand—conditions that place unique demands on the environmental adaptability of energy storage equipment. As a result, these systems must be specifically tailored to withstand extreme environments and effectively cope with severe climatic conditions.

 

Yang Kai pointed out that policies in many regions have clearly highlighted the demand for long-duration energy storage technologies. When responding to emergencies, lithium-battery energy storage stations can fully leverage their ability to provide large-scale power instantly, while also demonstrating highly efficient and flexible characteristics—thereby effectively ensuring the stability and reliability of the electricity supply.

 

 

Yang Qingheng, Vice President of Shanghai Pairen Energy Technology Co., Ltd.

 

Yang Qingheng, Vice President of Shanghai Paineng Energy Technology Co., Ltd., pointed out in his keynote report titled "Upholding the Bottom Line, Breaking Through Limits, and Reshaping the "Value" of Energy Storage" that the energy storage sector is currently witnessing fierce price wars, with some companies sacrificing quality to gain short-term market share. However, we believe that only by driving technological upgrades and optimizing costs to achieve sustainable cost reductions can the industry avoid falling into a vicious cycle.

 

Yang Qingheng believes that the dangers of cutthroat competition driven by low prices—such as sacrificing long-term value for short-term gains—can lead to a collapse in profit margins within the energy storage industry, as well as heightened risks related to research and development and product quality, ultimately disrupting market stability.

 

Yang Qingheng proposed three key pathways to build a rational competitive ecosystem: first, technology-driven innovation to create sustainable competitive advantages; second, market diversification—shifting from "single-point breakthroughs" to "global expansion"; and third, industry standards and self-regulation, establishing a solid foundation for healthy competition.

 

To promote the high-quality development of the energy storage industry, Yang Qingheng proposed three key action initiatives: upholding the bottom line of rational competition, strengthening coordination between policies and regulations, and adhering to a long-term commitment to technological research and development.

 

 

Robert Herzner, Representative of the German Federal Agency for Foreign Trade and Investment in China

 

Robert Herzner, Head of the German Federal Agency for Foreign Trade and Investment in China, noted in the thematic report "Unlocking Market Opportunities: A Market Analysis of Germany's Energy Storage Industry" that despite ongoing challenges, the electrification of Europe's automotive sector continues unabated. As product exports face growing restrictions, China has significantly stepped up its investment activities in Europe. Moreover, there are ample opportunities for enhanced collaboration in LFP battery technology, particularly in areas such as recycling and the production of cathode and anode materials. Meanwhile, the EU's recently approved battery regulations are set to make all batteries on the European market more sustainable and circular, thereby bolstering the EU's energy transition and reinforcing its industrial competitiveness.

 

During the conference, the 2025 China Energy Storage Industry Meritorious Figures Award was also presented. The recipients are: Tian Zhiguo, Party Branch Secretary and Chairman of Xuchang Xuji Electric Science & Technology Co., Ltd.; Chen Xiang, Senior Vice President of Huizhou EVE Energy Co., Ltd. and President of Wuhan EVE Energy Storage Co., Ltd.; Yin Xiaoqiang, General Manager of the Energy Storage and New Battery Business Division at BYD Auto Industry Co., Ltd.; Liu Aihua, Chairwoman of Hangzhou Kegong Electronic Technology Co., Ltd.; and Liu Shuangyu, President of Mecsun Energy.

 

According to the organizing committee's schedule, a three-day Energy Storage Conference will be held from March 23 to 25, followed by a three-day Energy Storage Exhibition from March 24 to 26. The conference agenda primarily includes: the Opening Ceremony featuring special reports by invited academicians and experts; innovative integration of distribution networks with next-generation energy storage technologies; advancements in new power systems and grid-connected dispatching; collaborative development of large-scale new energy bases with advanced energy storage solutions; international perspectives on energy storage; auxiliary services for power systems; spot trading and capacity markets; industrial green microgrids; comprehensive system integration solutions for both upper- and lower-level energy storage systems; energy storage fire protection, safety, and certification processes; emerging capital trends and investment opportunities in energy storage; flow battery technologies; thermal energy storage and long-duration energy storage solutions; hybrid energy storage systems; commercial and industrial energy storage solutions along with real-world case studies; virtual power plants and vehicle-to-grid (V2G) interactions; strategies for developing overseas energy storage channels and identifying lucrative business opportunities; grid-forming energy storage systems and related project construction initiatives; as well as specialized sessions on energy storage-specific batteries and ESG considerations, complemented by an exciting lineup of product launch events—totaling 22 distinct thematic sessions.

 

During the conference, a series of research findings will also be released, including the "2025 China New Energy Storage Industry Development White Paper," the "2025 Industrial Green Microgrid Development White Paper," the "2025 China New Energy Storage Industry Project Bidding and Price Analysis Report," and the "2025 Analysis Report on Typical Applications and Development Trends of New Energy Storage."

 

The China International Energy Storage Conference (CIES), as an international platform actively promoting the sustainable development of China's energy storage industry, has now become one of the most influential global events in the sector. In 2019, it was recognized by mainstream domestic financial media as a key indicator for observing the trends in the energy storage industry's growth.

 

 

Professor Chen Yongchong, Executive Chairman of the China International Energy Storage Conference

 

Professor Chen Yongchong, Deputy Secretary-General of the Energy Storage Application Branch of the China Chemical and Physical Power Sources Industry Association, Researcher at Tsinghua University’s Sichuan Institute for Energy Internet, Director of the Green Energy Storage Research Institute, and Executive Chairman of the China International Energy Storage Conference, will serve as the host for the opening ceremony.

 

The Energy Storage Application Branch of the China Association of Chemical and Physical Power Sources, in collaboration with China Energy Storage Network and Digital Energy Storage Network, will jointly host the event.

 

Source: News Morning Post