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Photo: VCG China has unveiled an action plan to boost full-chain development of the new-energy storage manufacturing industry, aiming to expand leading enterprises by 2027, enhance innovation and competitiveness, and achieve high-end, intelligent and green industry growth.
The plan said that the new-energy storage industry is a key source of support for advancing the construction of a manufacturing powerhouse and promoting the efficient development and utilization of new-energy resources. By 2027, China aims to cultivate three to five leading enterprises in the ecosystem.
To enhance support for the value chain of relevant manufacturing enterprises and foster a service-oriented manufacturing model, China seeks to drive the extensive adoption of next-generation information technologies, including blockchain, big data, artificial intelligence and 5G, within the new-energy storage manufacturing sector, the plan said.
"China has consistently supported the development of critical minerals, and this plan serves as a comprehensive guide for the industry, steering it steadily toward sustainable development," Lin added. China released 770 energy storage-related policies in 2024, with 77 issued at the national level, the Xinhua News Agency reported.
The New Energies Service Station is located on a part of the vacant land surrounding the Geelong Refinery, proximate to the Princes Highway, which is owned by Viva Energy. The site is within an existing industrial zone with access to electrical infrastructure and recycled water from the nearby Barwon Water Northern Water Plant.
This marks the completion and operation of the largest grid-forming energy storage station in China. The photo shows the energy storage station supporting the Ningdong Composite Photovoltaic Base Project. This energy storage station is one of the first batch of projects supporting the 100 GW large-scale wind and photovoltaic bases nationwide.
With advantages like fast responding, flexible deployment and a short construction period, the new-type energy storage station can accurately match the grid to different load requirements and help connect unstable clean energy to the power grid.
Tesla has officially signed a ¥4 billion (C$764/US$557 million) deal to build its first grid-scale battery energy storage station in China, leveraging its Megapack technology.
CEA has predicted that solar module prices may increase from around $0.8/W to $10/W currently to $0.11/W by the end of 2025 and likely up to $0.13/W by 2027.
According to price analysis firm InfoLink: “Since March, the spot price of n-type modules in China has soared from RMB0.7/W to RMB0.73/W. Quotes from leading manufacturers are approaching the RMB0.75/W mark.” The results of the China Datang Group’s 2025-2026 PV module framework. Image: Datang.
CN: Price: Photovoltaic Module: Polycrystal data was reported at 1.450 RMB/W in Aug 2024. This stayed constant from the previous number of 1.450 RMB/W for Jul 2024. CN: Price: Photovoltaic Module: Polycrystal data is updated monthly, averaging 1.637 RMB/W from May 2021 (Median) to Aug 2024, with 40 observations.
On 11 March 2025, the results of the China Datang Group’s 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0.7/W (US$0.097/W) to RMB0.73/W (US$0.1/W), and some modules priced as high as RMB0.75/W (US$0.11/W).
The ESS cabinet offers flexible application options. It has 0.5P and 1P options. The system uses CATL LFP battery cells. These cells provide steady and safe energy storage. This makes it a reliable solution for various business needs. The system has an intelligent EMS (Energy Management System). EMS ensures the safety of the system.
The All-in-One ESS Cabinet is an advanced energy storage solution designed to meet the needs of modern businesses. Equipped with CATL LFP battery cells and an intelligent liquid cooling system, it provides efficient, reliable energy storage.
The ESS cabinet has a quadruple fire protection system. It uses a precision fire alarm to detect risks early. The system also monitors insulation in real-time. This prevents any potential hazards. The system uses precise liquid cooling. The temperature difference remains within 4°C. This helps extend the lifespan of the battery.
BESS-365kWh Liquid-Cooled Energy Storage System The BESS-365kWh provides a strong balance between capacity and space-saving design, making it a cost-effective solution for commercial and medium-scale industrial use. Equipped with high-efficiency cooling and energy-dense LiFePO₄ cells, it offers high reliability and reduced maintenance.