Tesla secures major construction permit
7 months, 1 week ago

Tesla secures major construction permit

China Daily  

A view of a Tesla showroom in Shanghai. With its construction permit obtained on Monday, US electric vehicle maker Tesla's energy storage project in Lin-gang, eastern Shanghai — the first of its kind outside the United States — is expected to break ground this month and enter mass production in the first quarter of 2025. Covering some 200,000 square meters, Tesla's new energy storage project has attracted total investment of 1.45 billion yuan. The energy storage plant in Lin-gang is an important optimization of Tesla's global production layout and "visionary "investment for the future of sustainable energy, the company said in a news release. China's incremental new-type energy storage capacity spiked 150 percent year-on-year to 46.6 GWh in 2023 and its compound annual growth rate will exceed 30 percent between 2024 and 2030, said the China Energy Storage Alliance.

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History of this topic

China shines in global energy storage
1 month, 2 weeks ago

China shines in global energy storage

China Daily  

Employees install photovoltaic panels at a power plant in Yinchuan, Ningxia Hui autonomous region, in October. YUAN HONGYAN/FOR CHINA DAILY China's energy storage industry has experienced explosive growth in recent years, driven by rapid advancements in technology and increased demand, solidifying its position as a leader in terms of both capacity and innovation, said industry experts. China now holds a …

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030
Top News
1 month, 2 weeks ago

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
1 month, 2 weeks ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector has experienced rapid growth in recent years, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
1 month, 2 weeks ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

Country's green drive hits major milestone
1 month, 3 weeks ago

Country's green drive hits major milestone

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-01 09:09 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy …

From childhood curiosity to cutting-edge technology
3 months, 1 week ago

From childhood curiosity to cutting-edge technology

China Daily  

Innovative milestones In 2020, while pursuing his master's degree at Huazhong University of Science and Technology in Wuhan, Meng achieved a significant milestone by successfully testing the first iron-based flow battery in his lab. Through continuous adjustments, rigorous research, and relentless experimentation, Meng and his team completed their first kilowatt-level energy storage system in 2021, suitable for everyday use. In …

What next for Tesla shares? Why energy storage may decide its future
3 months, 3 weeks ago

What next for Tesla shares? Why energy storage may decide its future

Daily Mail  

There are various factors behind the poor performance in the shares of this member of the Magnificent Seven of tech. Chinese manufacturers, such as BYD and Geely, are challenging Tesla's dominance – especially in China, the world's largest EV market. BMW may hold on to this advantage following the imposition by the EU of a 9 per cent duty on …

Energy storage investments double to $15.4 bn in 1st half of 2024: Mercom
4 months, 1 week ago

Energy storage investments double to $15.4 bn in 1st half of 2024: Mercom

Business Standard  

Global corporate funding in the energy storage sector more than doubled to $ 15.4 billion during the January-July period. The global corporate funding in the energy storage sector more than doubled to $ 15.4 billion during the January-July period, according to Mercom Capital. VC funding for energy storage companies in H1 2024 came to $ 2.4 billion in 48 deals, …

New SA battery storage project approved near Mount Gambier will be three times the size of 'Tesla battery'
5 months, 1 week ago

New SA battery storage project approved near Mount Gambier will be three times the size of 'Tesla battery'

ABC  

The South Australian government has granted planning approval for the largest battery storage project in the state. Pacific Green says the Limestone Coast Energy Park, which will have a capacity of 1,500 megawatt hours, will significantly strengthen the region’s grid stability, reduce power prices and cut greenhouse gas emissions. If successful, the battery will eclipse the high-profile Hornsdale Power Reserve …

Distributed, storage pairing ensures greener energy prospects
5 months, 2 weeks ago

Distributed, storage pairing ensures greener energy prospects

China Daily  

An employee works at a production facility of Trina Solar Co in Suqian, Jiangsu province, on June 5. WANG LI/FOR CHINA DAILY Pairing distributed renewable energy with energy storage plays a crucial role in achieving China's dual-carbon goals, balancing power supply and demand while enhancing power utilization efficiency at the same time, said company executives and industry experts. The industrial …

China's installed capacity of power batteries sees growth in first 5 months
6 months, 1 week ago

China's installed capacity of power batteries sees growth in first 5 months

China Daily  

A worker operates equipment at a production line of Gotion High-tech Co, a Chinese company focusing on power battery development and production, in Hefei, Anhui province, in December 2022. RUAN XUEFENG/FOR CHINA DAILY BEIJING -- China's installed capacity of power batteries went up in the first five months of the year, according to data from the China Automotive Battery Innovation …

China's new-energy sector draws interest of global investors
7 months ago

China's new-energy sector draws interest of global investors

China Daily  

Tesla showcases its charging piles and electric vehicles at the 2023 Consumer Technology and Innovation Show on May 30 in Shanghai. Experts said China's fast-growing green technologies and its thriving new-energy market have heightened the country's magnetism for foreign investors, particularly auto firms keen on turbocharging the electrification trend. "The influx of investments by international carmakers has shed light on …

New Tesla energy storage plant breaks ground in development
7 months ago

New Tesla energy storage plant breaks ground in development

China Daily  

Tesla's energy storage plant in eastern Shanghai's Lin-gang Special Area broke ground on Thursday. Tesla's energy storage plant in eastern Shanghai's Lin-gang Special Area broke ground on Thursday, marking a major progress forward of this facility - the US electric carmaker's first of such facility outside its home country. The total investment of Tesla's energy storage plant in Lin-gang will …

China emerging as energy storage powerhouse
7 months ago

China emerging as energy storage powerhouse

China Daily  

A technician inspects a turbine at a wind farm in Hinggan League, Inner Mongolia autonomous region, in May 2023. China's power storage capacity is on the cusp of growth, fueled by rapid advances in the renewable energy industry, innovative technologies and ambitious government policies aimed at driving sustainable development, experts said. With a strong emphasis on technological innovation and sustainable …

Electricity landscape set to witness paradigm shift
7 months ago

Electricity landscape set to witness paradigm shift

China Daily  

An employee works on a production line of photovoltaic products in Hefei, Anhui province, on May 16. Industrial and commercial energy storage will usher in a breakthrough period with a deepening of electricity market reform, which is expected to further widen the peak-valley price difference nationwide, said industry experts. "As industrial and commercial entities increasingly adopt energy storage technologies, we …

Solar exec debunks 'overcapacity' claims
7 months, 1 week ago

Solar exec debunks 'overcapacity' claims

China Daily  

An employee works on a solar panel production line in Suqian, Jiangsu province. With persistent emphasis on technological innovation, China has fostered a robust and competitive solar power market, facilitating rapid growth of the new energy industry at home and abroad, said Li Xiande, chairman of JinkoSolar Holding Co Ltd, the world's largest solar panel producer by shipments. The global …

Tesla secures major construction permit
7 months, 1 week ago

Tesla secures major construction permit

China Daily  

A view of a Tesla showroom in Shanghai. With its construction permit obtained on Monday, US electric vehicle maker Tesla's energy storage project in Lin-gang, eastern Shanghai — the first of its kind outside the United States — is expected to break ground this month and enter mass production in the first quarter of 2025. Covering some 200,000 square meters, …

Tesla moves forward with a plan to build an energy-storage battery factory in China
1 year ago

Tesla moves forward with a plan to build an energy-storage battery factory in China

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy American electric automaker Tesla's plans …

Tesla moves forward with a plan to build an energy-storage battery factory in China
1 year ago

Tesla moves forward with a plan to build an energy-storage battery factory in China

Associated Press  

BEIJING — American electric automaker Tesla’s plans to produce energy-storage batteries in China moved forward on Friday with a signing ceremony for the land acquisition for a new factory in Shanghai, China’s state media said. China is a major market and manufacturing center for Tesla, and the company’s CEO, Elon Musk, has built close ties with Chinese officials even as …

ONGC in talks with Gentari for joint venture in energy storage
1 year, 3 months ago

ONGC in talks with Gentari for joint venture in energy storage

Live Mint  

NEW DELHI : Oil and Natural Gas Corp. Ltd is in talks with global entities including Malaysia’s Gentari to form a joint venture in energy storage, chairman and chief executive Arun Kumar Singh said, as the energy giant makes strides in its energy-transition journey. The ONGC chairman said in case energy storage is identified as a priority area for the …

Tesla raises 2023 spending forecast as it races to ramp up output
1 year, 7 months ago

Tesla raises 2023 spending forecast as it races to ramp up output

Live Mint  

Tesla Inc raised its capital expenditure forecast for 2023 on Monday as the automaker ramps up output at its factories to take advantage of the rising interest in electric vehicles. The company, led by Elon Musk, said in a filing that it expects to spend between $7 billion and $9 billion this year, higher than its previous outlook of $6 …

特斯拉将在沪新建储能超级工厂
1 year, 8 months ago

特斯拉将在沪新建储能超级工厂

China Daily  

电动车生产商特斯拉9日在上海宣布加码投资，将在沪新建储能超级工厂。这座布局“未来赛道”的工厂计划于2023年第三季度开工，2024年第二季度投产。 This photo taken on April 9, 2023 shows the signing ceremony of Tesla Megafactory Shanghai project held in east China's Shanghai. 美国电动车生产商特斯拉4月9日宣布，将在沪新建储能超级工厂。据悉，工厂将规划生产特斯拉超大型商用储能电池Megapack。 The new plant is scheduled to break ground in the third quarter of the year and start production in the second quarter of 2024, Tesla said at the project's signing ceremony in Shanghai. 工厂初期规划年产商用储能电池1万台，储能规模近40吉瓦时（GWh）。产品将销往全球。工厂将建在上海自贸区临港新片区。 Zhuang Mudi, deputy …

特斯拉将在沪新建储能超级工厂
1 year, 8 months ago

特斯拉将在沪新建储能超级工厂

China Daily  

电动车生产商特斯拉9日在上海宣布加码投资，将在沪新建储能超级工厂。这座布局“未来赛道”的工厂计划于2023年第三季度开工，2024年第二季度投产。 This photo taken on April 9, 2023 shows the signing ceremony of Tesla Megafactory Shanghai project held in east China's Shanghai. 美国电动车生产商特斯拉4月9日宣布，将在沪新建储能超级工厂。据悉，工厂将规划生产特斯拉超大型商用储能电池Megapack。 The new plant is scheduled to break ground in the third quarter of the year and start production in the second quarter of 2024, Tesla said at the project's signing ceremony in Shanghai. 工厂初期规划年产商用储能电池1万台，储能规模近40吉瓦时（GWh）。产品将销往全球。工厂将建在上海自贸区临港新片区。 Zhuang Mudi, deputy …

Tesla to build Shanghai gigafactory to make energy storage product: Report
1 year, 8 months ago

Tesla to build Shanghai gigafactory to make energy storage product: Report

Hindustan Times  

Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday. Elon Musk's automaker will break ground on the plant in the third quarter and start production in the second quarter of 2024, Xinhua reported from a signing ceremony in Shanghai. Complementing a huge existing Shanghai plant making …

Deputy calls for more efforts in green energy storage
1 year, 9 months ago

Deputy calls for more efforts in green energy storage

China Daily  

A Tianneng employee works at a battery production facility in Huzhou, Zhejiang province. TAN YUNFENG/FOR CHINA DAILY Stronger efforts are needed in promoting the development of the energy storage sector, with an emphasis on developing new battery types, as China demands more flexible power adjustment capacity, said a deputy to the 14th National People's Congress. Zhang said: "Energy storage is …

Tesla will not start German mass battery production before 2024
2 years, 2 months ago

Tesla will not start German mass battery production before 2024

The Hindu  

Tesla will not start mass production of battery cells at its European gigafactory near Berlin before 2024, German business daily Handelsblatt reported on Friday, citing experts, two of whom are close to the company. According to the report, problems have been discovered with an important production process presented by Tesla Chief Executive Elon Musk two years ago. Currently, battery research …

Tesla to expand its initiative of going green throughout China
2 years, 3 months ago

Tesla to expand its initiative of going green throughout China

China Daily  

As a three-year in a row participant to the China International Fair for Trade in Services, Tesla Inc shared its development experience in boosting efficiency and environmental protection during an exclusive interview with China Daily Website. Users of Tesla China have covered more than 2.8 billion kilometers driving distances through Tesla charging networks in the first half of the year, …

China’s CATL to produce next-generation EV battery in 2023
2 years, 6 months ago

China’s CATL to produce next-generation EV battery in 2023

The Hindu  

Chinese battery giant CATL will start mass production next year of its latest generation product, with greater efficiency that lets electric cars drive longer distances on each charge, the company said on Thursday. The world's biggest battery maker is scrambling to retain its top position against competition from rivals such as BYD, which will soon start supplying batteries to Tesla. …

Energy shift creates opening for ‘world’s largest batteries’
2 years, 8 months ago

Energy shift creates opening for ‘world’s largest batteries’

Associated Press  

LUDINGTON, Mich. — Sprawled like a gigantic swimming pool atop a bluff overlooking Lake Michigan is an asphalt-and-clay pond holding enough water to produce electricity for 1.6 million households. “Unless we get some help from the state or federal government, I don’t see it happening any time soon.” STUCK IN NEUTRAL The company’s decision illustrates the challenges facing pumped storage …

Tesla Delivered Over 3 Lakh Electric Vehicles in First Quarter of 2022
2 years, 8 months ago

Tesla Delivered Over 3 Lakh Electric Vehicles in First Quarter of 2022

News 18  

Electric vehicle company Tesla delivered 310,048 vehicles in the first quarter of 2022, despite what CEO Elon Musk says was an “exceptionally difficult quarter”, citing global supply chain issues and a brief closure at Tesla’s Shanghai factory. Deliveries increased slightly from the previous quarter’s 308,600 deliveries and outpaced the 184,800 shipments Tesla made in the first quarter, representing a 68 …

EXCLUSIVE-Tesla plans new Shanghai plant to more than double China capacity - sources
2 years, 9 months ago

EXCLUSIVE-Tesla plans new Shanghai plant to more than double China capacity - sources

The Hindu  

Tesla Inc plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its cars in the country and export markets, two people familiar with the matter told Reuters. Once the new plant is fully operational, Tesla will …

Tesla Shanghai Plant Delivered 4 Lakh Vehicles in 11 Months Till November 2021
3 years ago

Tesla Shanghai Plant Delivered 4 Lakh Vehicles in 11 Months Till November 2021

News 18  

Tesla’s Shanghai plant had delivered over four lakh vehicles as of November 2021, the US electric car maker said. Deliveries at Tesla’s Shanghai Gigafactory came in at 413,283 vehicles in the first 11 months of this year, up 242 per cent from the same period last year. The current annual production capacity of Tesla’s Shanghai Gigafactory has exceeded 450,000 vehicles, …

Tesla announces 1.2b optimization of Shanghai factory
3 years ago

Tesla announces 1.2b optimization of Shanghai factory

China Daily  

Employees work at the Tesla gigafactory in Shanghai, Nov 20, 2020. Tesla, the US new energy vehicle manufacturer, will invest 1.2 billion yuan to optimize its production line at its gigafactory in Shanghai, Beijing News reported. Environmental protection investment has reached 85 million yuan, accounting for 7.08 percent of the total, according to the company's environmental impact assessment report, and …

Tesla opens first charging station in China with energy storage facilities
3 years, 6 months ago

Tesla opens first charging station in China with energy storage facilities

The Hindu  

Electric-vehicle maker Tesla Inc said on Wednesday it has opened its first charging station in China with its own solar and energy storage facilities. The charging station in Lhasa city will generate power from sunlight and store it in the energy storage facilities for electric vehicles to charge, the company said in a Weibo post. The company's solar services include …

Tesla supplier CATL plans a major battery plant in Shanghai
3 years, 6 months ago

Tesla supplier CATL plans a major battery plant in Shanghai

The Hindu  

China's CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier, two people with knowledge of the matter said. CATL hopes to rapidly expand that relationship, aiming to become its biggest supplier in the near future by providing half of the battery cells …

Geely is spending $4.6 billion on battery plant as its electric car ambitions grow
3 years, 9 months ago

Geely is spending $4.6 billion on battery plant as its electric car ambitions grow

CNN  

New Delhi CNN Business — Geely will pour nearly $5 billion into building an electric battery plant in China, as the country’s top privately-owned carmaker moves more aggressively to bolster its electric vehicle ambitions in the world’s largest market. Geely’s factory plans come two months after it announced that it would be teaming up with Chinese search engine giant Baidu …

Tesla’s Musk hints of battery capacity jump ahead of industry event
4 years, 3 months ago

Tesla’s Musk hints of battery capacity jump ahead of industry event

Live Mint  

Tesla Inc CEO Elon Musk has suggested the U.S. electric carmaker may be able to mass produce batteries with 50% more energy density in three to four years, which could even enable electric airplanes. Musk said last year that for electric flight to work, the energy density of batteries needed to improve to over 400 Wh/kg, a threshold which may …

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