Author
Vincent Shaw
Since 2014, Vincent Shaw has been reporting on the Chinese solar market for pv magazine. Based in Shanghai, he covers the latest market developments, company news, and industry trends in Greater China. Prior to this, he worked for several multinational companies in sales and business analysis.
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Articles written by Vincent Shaw
CNESA: China’s new energy storage fleet surpasses 100 GW, overtakes pumped hydro additions
As of June 2025, the China Energy Storage Alliance (CNESA) reports that China has amassed approximately 164 GW of total installed energy storage capacity. This includes over 100 GW of new energy storage (excluding pumped hydro), driven by rapidly accelerating deployments and dynamic market shifts.
Aug 20, 2025
CATL H1 profit soars 33% as energy storage and overseas expansion get results
Chinese battery giant CATL posted a 33% jump in net profit in H1 2025, with growth driven by strong energy storage margins and overseas sales, even as price wars and mounting competition weighed on its core EV battery business.
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CATL lawsuit threatens IPO of Hithium
China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has filed a lawsuit accusing Hithium, a fast-growing rival, of unfair competition – a move that could jeopardize the latter’s upcoming initial public offering (IPO) in Hong Kong.
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PowerChina breaks ground on world’s largest power generation-side battery storage project
On June 26, the construction of the world’s largest power generation-side energy storage project in Ulan Chab, Inner Mongolia, officially began. This 1 GW/6 GWh project, using lithium iron phosphate (LFP) technology, aims to enhance grid stability and support China’s renewable energy transition.
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