DBM Video: 5.3 billion yuan! 8GWh！ LG New Energy Signs Huge Battery Orders with Chinese Auto Companies for the First Time

On September 8, Pawa announced that Zhang Bao, one of the company's co-actual controllers and director, was suspected of duty embezzlement and was investigated by the public security organs. Zhuji People's Procuratorate has made a decision to arrest Zhang Bao for duty embezzlement according to law.

2025-09-09 14:00:02

Recently, Shizuishan City of Ningxia announced the abolition of a number of new energy storage projects. There are three energy storage projects in the list, with a total scale of 370MW/1180MWh and a total planned investment of 5.26 billion yuan. The reason for the abolition is that the filing documents are overdue.

2025-09-04 16:26:18

Recently, CGN released the procurement of EPC general contracting project for Ruoqiang 160MW/640MWh and Luopu 200MW/800MWh independent energy storage projects in Bazhou, Xinjiang.

2025-08-28 14:43:44

The invention relates to gravity energy storage, which uses a plurality of cranes to build bricks into a huge open-air tower like building blocks when electricity is abundant, and only needs to let the bricks fall by gravitational potential energy when electricity is urgently needed during the peak period of electricity consumption, thereby driving a generator to generate electricity.

2025-08-25 17:15:31

On August 19, the Zhongguancun Energy Storage Industry Technology Alliance (hereinafter referred to as "CNESA") released data on the energy storage industry in the first half of 2025. Data show that by the end of June this year, the cumulative installed capacity of power storage in China has reached 164.3GW, an increase of about 60% over the same period last year.

2025-08-21 15:37:29

In less than 24 hours, Haichen Energy Storage made continuous sound. On the evening of August 4, Haichen Energy Storage made a solemn statement on its official micro-blog, declaring five major disputes involving the company, including the "trade secret infringement" incident related to Feng Dengke, the "bankruptcy of the largest customer in the United States", the "evaporation of 1.5 billion orders" and unfair competition lawsuits.

2025-08-06 17:14:35

Who else can usher in high explosive growth now besides energy storage? Do you know how hot the energy storage industry is now? Huawei is doing energy storage, Ma Dad is doing energy storage, Musk is also doing energy storage, China Mobile and China Tower are also laying out energy storage, and Gree, Xiaomi and Midea are all crossing the border into energy storage. Why does everyone want to do energy storage?

2025-08-05 16:13:44

On July 29, people familiar with the situation said that Feng Dengke, director of Haichen Energy Storage President Office and head of Engineering Department, was taken compulsory measures by Ningde police in Fujian Province last week on suspicion of infringing trade secrets.

2025-08-01 16:33:59

On July 30, Ningde Times released its semi-annual report, which showed that Ningde Times said in its semi-annual report in 2025 that during the reporting period, Ningde Times achieved revenue of 178.886 billion yuan, an increase of 7.27% over the same period last year.

2025-07-31 14:57:05

Affected by the expected contraction of supply, the price of "white oil" lithium carbonate returned to the 80 thousand yuan/ton mark. As of July 25, the main contract of lithium carbonate futures on the Guangzhou Futures Exchange (LC2509) closed at a 80520 of yuan/ton, a five-month high.

2025-07-28 17:20:28

According to foreign media reports, on July 17, the US Ministry of Commerce decided to impose a 93.5% anti-dumping duty on graphite, a key battery material imported from China, on the grounds that these materials were "unfairly subsidized".

2025-07-23 11:07:43

This is definitely the most significant technological change in the energy industry. Electricity not only does not cost money, but also makes money by generating electricity. This is Tesla's virtual power plant VPP.

2025-07-22 16:20:33

On July 17, Zangge Mining announced that its wholly-owned subsidiary, Zangge Potash Fertilizer, received the Notice on Ordering the Immediate Stop of Lithium Resources Development and Utilization Activities issued by Haixi Natural Resources Bureau and Haixi Salt Lake Administration on July 16.

2025-07-21 17:24:14

On July 15, Wanrun Xinneng announced that the "Wuhan R & D Technology Center and Industrialization Base Project" originally planned to be built in Qingshan, Wuhan, would be automatically terminated after its expiration and would not be renewed.

2025-07-18 14:33:21

The main bottleneck of new energy is not wind power and photovoltaic. Wind power and photovoltaic technology is very mature. The core problem is energy storage. The surplus renewable energy is stored. When the renewable energy is insufficient, the energy is replenished through space-time transformation. This is called energy storage technology.

2025-07-17 16:11:16

On July 8, the Department of Natural Resources of Hunan Province learned that a major breakthrough had been made in lithium prospecting in Hunan Province, and a super-large altered granite-type lithium deposit had been successfully explored in Jijiaoshan mining area, Linwu County, Chenzhou City.

2025-07-09 17:11:08

On July 4, several explosions ignited a fire at a battery factory in Madrid, Spain. The fire was not extinguished until July 6. The cause of the explosion was not clear.

2025-07-09 14:41:29

It is reported that Tongwei New Energy Technology (Jintang) Co., Ltd., a domestic head photovoltaic company, was formally established on June 26, 2025 with a registered capital of 40 million yuan. At present, the company's actual controller is Liu Hanyuan, the founder and chairman of the board of directors of Tongwei Group, holding 25.33% of the shares.

2025-07-08 13:43:02

SolarPower Europe, the European photovoltaic industry association, recently issued an urgent warning that the European Union must increase its battery energy storage capacity tenfold by 2030, otherwise its energy transformation process will face the risk of stagnation.

2025-07-07 14:04:13

On the evening of July 2, "Brother One of Electrolyte" Tianci Material disclosed that Jiujiang Tianci, a wholly-owned subsidiary of the company, filed a civil lawsuit with the Jiangxi Provincial Higher People's Court against Yongtai Science and Technology, another A-share lithium-ion material enterprise, and Shaowu Yongtai, a joint venture between Yongtai Science and Technology and Ningde Times. There are 12 enterprises and natural persons.

2025-07-03 16:44:22

On June 30, Pret announced that its holding subsidiary, Jiangsu Haisida Power Supply Co., Ltd. (Hereinafter referred to as "Haisida") In June 2025, Liuyang Economic Development Zone of Hunan Province signed the Termination Contract of Cooperation Contract for Investment Invitation Projects. The two sides agreed to terminate the investment in the project through consultation.

2025-07-03 11:27:44

On June 28, Gushanliang 3GW/12.8GWh Energy Storage Power Station Project in Ordos City started construction. The project is located in Engebei Town, Dalate Banner, with a total investment of 11.2 billion yuan and an area of about 1100 mu.

2025-07-01 17:03:31

On June 16, 2025, the world's first 100-million-ton liquid sunlight green methanol manufacturing project was cancelled. The specific reasons for the revocation were not disclosed. The total investment of the project is 18.53 billion yuan. In the first phase of the project, a demonstration project with an annual output of 500,000 tons of green low-carbon methanol will be completed, and in the second phase, a project with an annual output of 5 million tons of green low-carbon methanol will be completed. The long-term plan is to form an annual production capacity of 100 million tons of green low-carbon methanol.

2025-07-01 15:08:27

According to the website of the Civil Aviation Administration of China on June 26, the Civil Aviation Administration of China issued an urgent notice prohibiting passengers from carrying charging treasures without 3C logo, unclear 3C logo, recalled models or batches on domestic flights from June 28.

2025-06-27 15:59:06

The energy storage industry is changing dramatically. According to the latest research and judgment of the State Power Investment Research Institute, the cost of battery core will drop to 0.24 yuan per watt-hour in 2025, and the cost of integrated equipment will be only 0.43 yuan per watt-hour. The era of cost fracture has come.

2025-06-26 13:13:13

On June 24, Jinko ESS signed a framework agreement with Greek energy company Metlen Group, formally establishing a strategic partnership between the two sides in the field of grid-side energy storage systems.

2025-06-25 17:15:55

On June 23, Shanghai Cepheus Intelligent Technology Co., Ltd. was officially registered and established. The company's three major shareholders are Ant Group's Shanghai Yunyi Enterprise Management Consulting Co., Ltd., Ningde Times's Ningbo Meishan Bonded Port Area Investment Co., Ltd., and Hello Group's Shanghai Junha Network Technology Co., Ltd.

2025-06-24 17:06:55

On the afternoon of June 20, Shanghai Lingang New Area Management Committee, Shanghai Fengxian District People's Government, China Kangfu International Leasing Co., Ltd. and Tesla (Shanghai) Co., Ltd. held a signing ceremony around the project of the International Cooperation Demonstration Center for Zero Carbon Energy.

2025-06-23 16:51:30

On June 19, the Scud Green Energy Storage Intelligent Manufacturing Project, which was invested by Scud Energy Technology Co., Ltd. (Hereinafter referred to as "Scud Energy"), started in Tianjin Baodi Jiuyuan Industrial Park.

2025-06-23 15:38:34

On June 16, a fire broke out at the energy storage power station of the Pohang factory in Pohang City, South Korea. The fire building is a two-storey steel structure with 8392 battery modules installed inside. The fire department launched the highest level of "Response Phase 1" response in the morning, urgently mobilizing about 60 firefighters and 30 equipment to put out the fire.

2025-06-20 16:14:18

According to a number of media reports, Chuneng New Energy, a new energy storage battery and power battery company, has officially laid out its vehicle manufacturing business, and now its automotive business sector has reached 100 people.

2025-06-20 13:24:42

The Safety Requirements for Power Batteries for electric vehicle, which is called "the most stringent battery safety order in history" by the industry, was released recently and implemented in July 2026. For the first time, the new national standard incorporates "no fire and no explosion" after thermal runaway of power batteries into the mandatory standard, and adds the requirements of sending out alarm signals within 5 minutes, no visible smoke entering the passenger compartment within 5 minutes, no fire within 2 hours and the temperature of monitoring points below 60 C to prevent delayed deflagration.

2025-06-19 16:53:51

On June 16, Xinjiang Shanneng Chemical Co., Ltd. invited public bidding for basic design services of hydrogen production plant by electrolysis of water for 800000 tons of annual coal-to-olefin project. The total scale of the hydrogen production plant by water electrolysis is planned to be 120,000 Nm ³/H, which will be constructed in five phases, of which the 24,000 Nm ³/H hydrogen production plant by water electrolysis in the first phase will be constructed and put into operation simultaneously with the 800,000-ton/year coal-to-olefin project in Wucaiwan, Zhundong.

2025-06-19 11:20:07

On June 16, LG New Energy, the leading battery company in Korea, announced that it had signed a electric vehicle battery contract with O & J Automotive Netherlands B. V. (Hereinafter referred to as "O & J"), a subsidiary of Chery Automobile in China.

2025-06-18 17:28:47

On June 17, Shenzhen Romas Technology Co., Ltd. announced that it would recall some Romas ROMOSS mobile power supplies manufactured from June 5, 2023 to July 31, 2024, involving some PAC20-272, PAC20-392 and PLT20A-152 models, with a total of 491745.

2025-06-18 11:02:12

We install a 1 megawatt hour energy storage system, with an initial investment of about 1.5 million, and see how many years we can recover the cost?

2025-06-17 17:03:01

According to South Korean media reports, Hyundai Motor Group and China's third largest battery manufacturer, Zhongchuang Xinhang (CALB), signed a 30GWh battery supply contract last month, enough to produce 38000 medium-sized electric SUVs. Before that, the main battery suppliers of modern automobiles have been SK On and LG New Energy.

2025-06-17 17:00:42

Recently, the 2025 SNEC Shanghai International Photovoltaic Energy Storage Exhibition was held at the Shanghai National Convention and Exhibition Center. A number of lithium-ion head enterprises participated in the exhibition with a number of energy storage products, and signed a number of orders on the spot.

2025-06-16 16:37:00

A fierce fire broke out in a residential building in Reims, northeastern France, late at night, and the cause of the fire was suspected to be the explosion of a lithium battery of an electric scooter.

2025-06-16 16:34:21

In the Ningde era, China Chuangxin Airlines applied for enforcement because it did not make a public apology, and the execution target was 2221980 yuan. The case was filed on April 21, 2025, and the cause of the case was unfair competition disputes.

2025-06-13 17:34:17

On June 11, Tianzhi Material announced that recently, the company and its wholly-owned Sun Company Tinci Materials Jorf Lasfar SAS (hereinafter referred to as "Project Company") signed an investment agreement with the Kingdom of Morocco.

2025-06-13 17:32:29

According to media reports on June 6, Weilai Automobile will develop and supply power batteries for McLaren, a British supercar brand, for the latter's hybrid models. It is reported that the relevant battery packs will be built on the basis of 4680 large cylindrical batteries from Weilai Research Institute, and are expected to be produced in small batches next year.

2025-06-12 17:23:11

On the evening of June 9, lithium power giant Yiwei Lithium Energy issued the Prompt Announcement on Planning to Issue H Shares and List on the Stock Exchange of Hong Kong Limited, saying that the company intends to issue H shares and list on the main board of the Hong Kong Stock Exchange.

2025-06-12 17:21:39

One kilowatt-hour of energy storage is one kilowatt-hour of electricity, and one megawatt-hour is one thousand kilowatt-hours of electricity. The core of the energy storage system is the energy storage battery. Common energy storage battery cycles are about 8000 times, and the energy storage system battery decays by about 2% per year, generally to about 80% after 10 years.

2025-06-06 13:05:17

On June 3, local time, a transport ship carrying 3000 cars in the Pacific Ocean caught fire. The ship, about 300 miles (483 kilometers) off the coast of Alaska, was being used by the U.S. Coast Guard to extinguish the fire. The ship, managed by Zodiac Maritime, was carrying about 3000 vehicles, including 800 electric vehicle. It was originally scheduled to arrive at the port of Lassaro Cardenas, Mexico, on June 15.

2025-06-05 17:11:09

On June 3, Vision Power, the world's leading battery technology company, officially put into operation its battery super factory in Douai, France. French President Mark Long and Zhang Lei, Chairman of Vision Technology Group, attended the witness.

2025-06-05 17:06:11

On May 30, Powin, an energy storage system integrator registered in Oregon, issued a notice that the company was facing the risk of ceasing operations at the end of July, citing "unforeseen business conditions". Powin said it would cut nearly 250 jobs.

2025-06-04 16:38:26

According to foreign media reports, Bolivia recently signed two lithium resources development contracts with Chinese and Russian enterprises with a total value of more than $2 billion (equivalent to more than 140 yuan), and the project with an estimated annual output of 35000 tons of lithium carbonate has been suspended by the local court.

2025-06-04 13:33:13