Wärtsilä Separates Energy Storage as Independent Unit
On March 31, 2025, Finnish energy giant Wärtsilä announced the separation of its energy business into two distinct reporting segments: Energy and Energy Storage. This …
CORNEX Releases 472Ah Energy Storage Battery Cell
CORNEX, a rapidly rising lithium battery manufacturer in China, has officially released its 472Ah energy storage battery cell, featuring significant advancements in battery technology. This …
LGES Enlists Core Team from JEVE
LG Energy Solution (LGES) has announced the recruitment of the core team from JEVE, a prominent Chinese battery manufacturer. The team, which consists of senior …
Maxell Exits Lithium-Ion Battery Business
Maxell Ltd., a prominent Japanese battery manufacturer, has announced its withdrawal from the prismatic lithium-ion battery business and the dissolution of its Chinese subsidiary, Wuxi …
Hithium Energy Storage Submits Application to the Hong Kong Stock Exchange
On March 25th, 2025, Hithium Energy Storage Technology Co., Ltd. officially submitted its listing application to the Hong Kong Stock Exchange, aiming to be listed …
SK On Signs a Battery Supply Agreement of Nearly 100 GWh with Nissan Motor
On March 20th, SK On, a battery company under South Korea’s SK Group, announced that it had signed a battery supply agreement with Nissan Motor. …
EVE Energy Plans to Issue RMB 5 billion Worth of Convertible Bonds
On March 20th, EVE Energy issued a public announcement stating that it intends to issue RMB 5 billion worth of convertible corporate bonds to unspecified …
TECLOMAN and CORNEX Signed an Agreement for 5GWh Energy Storage Cells
On March 15th, TECLOMAN Energy Storage and CORNEX New Energy signed a strategic cooperation agreement for 5GWh energy storage cells at CORNEX global headquarters. …
LG ES Plans to Build a Battery Factory in the US with an Investment of 1.4 Billion Dollars
LG Energy Solution (LG ES) has announced its plan to build a lithium iron phosphate battery factory in the United States with an investment of …
Guangzhou Zhiguang and Hithium Reach a 15 GWh Procurement Agreement
On March 17th, Guangzhou Zhiguang and Hithium Energy Storage jointly signed a comprehensive strategic cooperation agreement at the Zhiguang Integrated Energy Industrial Park. The two …