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Energy storage

Energy storage
Renewable energy production is growing rapidly globally thanks to technological advancement. However, intermittency of solar and wind power output has given rise to big demands for energy storage solutions such as pumped hydro-electric stations, batteries, flywheel and compressed-air energy storage. Energy storage is a key part of the low carbon energy supply system the world aspires to achieve, for cutting greenhouse gas emissions and fighting climate change.
CATL’s 2025 sales volume of lithium-ion batteries rose 39 per cent from the previous year. Photo: AFP
CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

US-China relations

In world of crisis, China urged to build deep below its western hinterlands

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India

High tension in India as banks, utilities resist solar shift

China energy security

China to dismantle local power protectionism in push to electrify national grid

State Council directive eyes unified power market, curbing provincial fragmentation to boost green energy expansion and optimise resource flow.

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Workers are seen at a power substation in China’s Hebei province. Photo: Xinhua
China’s carbon neutral goal

Green gambit sees China turn old oil pipeline into new carbon highway

Successful 27km trial unlocks vast carbon dioxide transport potential, bridging geographical gaps to accelerate a process seen as vital to large-scale decarbonisation.

Energy

Opinion | Clean energy works at scale. Now it must be coordinated

The next decade will be defined not only by new clean energy capacity, but by how well grids, storage and demand systems are connected and optimised.

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China exports

Goodwill or necessity? Why is China slashing solar and battery subsidies?

Analysts expect policy will signal to Europe that Beijing is interested in serious trade relations and is a good partner.

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Authorities announced on Friday China will cancel export VAT rebates for solar panels and lower rebates for batteries from 9 per cent to 6 per cent from April 1. The rebates for batteries will be cancelled on January 1, 2027. Photo: VCG via Getty Images
China Future Tech briefing

New Energy | China AI, mega-batteries stoke renewables power drive

Artificial intelligence, new energy-storage facilities and power lines stretching across the country are helping China boost energy efficiency and take advantage of its renewable power resources.

Science

China to power up world’s largest ‘super-cold air battery’ in the Gobi Desert

Facility runs for 10 hours straight and will produce 180 million kilowatt-hours of electricity a year, powering 30,000 homes.

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Made in China 2025

Can rising lithium costs save China’s energy storage firms from a price war?

China’s battery makers raise prices amid lithium rebound and global AI energy demand.

Deegares says it is raising prices of lithium batteries by 15 per cent. Photo: Handout
Electric & new energy vehicles

Opinion | Battery revolution set to spark Global South’s century of prosperity

The rise of the sodium-ion battery promises to supercharge a green energy transition that will help level the global playing field.

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Workers inspect solar panels, an increasingly popular sustainable energy option for homes and businesses to generate electricity, in Mosul, Iraq, on July 9. Photo: Reuters
Climate change

Opinion | How Cop30 laid bare the new geopolitics of climate action

Fractures, even among the Global South, show the energy transition is not just a technical challenge but a deeply political negotiation.

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Science

Amid global fusion energy race, Europe’s top nuclear minds are betting on China

Frustrated by Western delays, top scientists have joined China’s BEST fusion project as it nears ‘uncharted territory’.

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Hong Kong society

Letters | Fintech is moving fast. Gen Z’s financial literacy must keep pace

Readers discuss the need to get the basics right in financial education, introducing means testing for electricity subsidy, and an unexpected encounter with American spelling in Hong Kong.

Hong Kong’s night view as seen from The Peak on August 25. Gen Z youth grew up with digital tools that previous generations didn’t access until much later in their careers. Photo: Sam Tsang
Energy

Letters | Southeast Asia must find its own path to sustainability, as China has

Readers discuss the different pathways to building energy resilience, the worth of investing in youth basketball, and the media hype over Trudeau and Perry dating.

A technician checks and cleans solar panels at Jatijajar bus station in Depok, Indonesia, on April 16. Photo: EPA-EFE
Business of climate change

This Hong Kong start-up helps us see ‘the colour of the wind’ in 3D

The start-up aims to launch a pair of satellites within the next 18 months, followed by another five to create a constellation.

Energy

Letters | Asia can’t sit back as China wins the next-gen battery race

Readers discuss the risk of a new energy dependency, Nobel Prize-winning insights on ‘creative destruction’, and access to West Kowloon.

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China energy security

Overseas expansion adds fuel to Chinese energy storage firms’ hunt for bosses

Global hiring spree sees million-yuan salaries become the norm, but long-term prospects of smaller players called into question.

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The energy storage station at an industrial estate in Yinchuan, capital of northwest China’s Ningxia Hui autonomous region. Photo: Xinhua
Science

China unleashes battery export controls amid strides in solid-state science

Analysts say the measures are meant to consolidate China’s advantage in the lithium battery industry and slow the progress of competitors.

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Business of climate change

China’s clean-energy stocks closing gap with global renewables surge

Policy tailwinds could help Chinese solar and energy-storage shares catch up with a global gold-beating rally, analysts say.

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IPO

Chinese solar inverter and energy storage giant Sungrow seeks Hong Kong IPO

Sungrow’s filing comes amid the Trump administration’s roll-out of new import tariffs covering China-made solar energy products.

There were between 150 and 200 companies in Hong Kong’s initial public offering pipeline as of May. Photo: Sun Yeung
China exports

China’s cleantech creating ‘new global energy system’ as exports soar: report

Demand for clean technology is ‘skyrocketing’, especially in Global South, as China drives creation of cheaper solutions, report says.

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China’s exports of clean technology have soared in recent years, as the cost of wind turbines, solar panels, lithium batteries and other solutions continues to fall. Photo: Xinhua
Business of climate change

Hong Kong shipper Wah Kwong joins push for greener energy at ports

Firm enters joint venture to cut diesel emissions by building onshore power hookups for ships in ports.

Science

Hydride ion battery breakthrough: Chinese team hits 6x capacity of lithium ion

Rechargeable, room-temperature stable battery possible using rare earth-based battery electrolyte harnessing hydride ions: Nature paper.

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Business of climate change

Hong Kong’s Templewater links Asia’s robust EV growth with Middle East’s clean-energy demand

Private equity firm sees EV and energy-storage opportunities as Middle East shifts away from traditional oil reliance.

(FILES) A Xiaomi SU7 Max car is displayed at the entrance to the Xiaomi EV Factory, where all Xiaomi EV cars are made, in Beijing on July 1, 2025. Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its popular SU7 electric cars, the firm and regulators said on September 19, 2025, months after a deadly crash involving the model. (Photo by GREG BAKER / AFP)
China energy security

Already world’s top energy-storing nation, China to supercharge capacity by 2027

New plan calls for expansion of energy-storage applications, including more projects in desert areas and at retired coal-fired power plant sites.

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Power-grid workers inspect a photovoltaic power plant in Hebei province earlier this year. Photo: Xinhua
Science

Europe power guru Wang Xiongfei brings grid stability expertise home to China

The newly appointed Xinghua chair professor at Tsinghua University remains involved in six European research projects.

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United States

Opinion | Why Trump is attacking China’s dominance in humble graphite

Anti-dumping duty recognises China’s control of the carbon mineral and its growing importance in the batteries powering the future.

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