A 300 MW compressed air energy storage (CAES) power station utilizing two underground salt caverns in central China’s Hubei Province was successfully connected to the grid at full capacity, making it the largest operating project of the kind in the world. [pdf]
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Buccino (SA), September 16, 2025 – The first MGTES (Magaldi Green Thermal Energy Storage) plant, developed by Magaldi Group in collaboration with Enel, was inaugurated today in the ASI industrial area of Buccino. [pdf]
Since the official start of construction in February 2025, the project has progressed rapidly, aiming to become an advanced manufacturing base that integrates next-generation lithium battery technology R&D, authoritative battery product testing, and large-scale PACK system integration. [pdf]
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Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]
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Senegal has begun commercial operations at a new solar energy facility that combines photovoltaic power with lithium-ion battery storage, the first of its kind in West Africa, as the country of over 18 million people moves to strengthen its electricity grid. [pdf]
As news emerges of the financial travails of American energy storage companies Powin and ESS, Inc., Chinese manufacturer Hithium has officially opened a near-$200 million factory in Texas and Korean brand LG has confirmed the start of lithium iron-phosphate (LFP) battery production in Michigan. [pdf]
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(Hong Kong, March 17, 2025) CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Caofeidian 6-4 Oilfield Comprehensive Adjustment Project and Wenchang 19-1 Oilfield Phase II Project have commenced production. [pdf]
The project commenced in January 2022 and was completed and put into operation on November 18, 2022. It is EVE Energy's first large-scale production base targeted at the East China market. The total investment of the Phase I project is RMB 3 billion, with equipment investment of RMB 1 billion. [pdf]
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Stadtwerke München (SWM, Munich, Germany) uses a flywheel storage power system to stabilize the power grid, as well as control energy and to compensate for deviations from renewable energy sources.OverviewA flywheel-storage power system uses a for , (see ) and can be a comparatively small storage facility with a peak power of up to 20 MW. It typically is used to stabilize t. .
In , operates in a flywheel storage power plant with 200 flywheels of 25 kWh capacity and 100 kW of power. Ganged together this gives 5 MWh capacity and 20 MW of power. The units. [pdf]
Following the closure of its Beijing mill, Shougang transformed the old industrial site into Shougang Park. The park integrates culture, tourism, sports, and business, and was developed using green and “sponge city” design principles. One highlight is the Big Air Shougang ski jump, constructed for the 2022 Winter Olympics. The surrounding area includes offices, convention spaces, and muse. OverviewShougang Group Co., Ltd. (: ), formerly known as Shougang Corporation, is a major .
Shougang originated as the Shijingshan Steel Plant in Beijing’s in 1919. It was renamed “Shougang” (short for “Capital Steel”) in 1967. For decades, it was one of the largest steel producers in northern China.. .
Shougang's core steelmaking activities are now centered in Caofeidian, with major subsidiaries including: • (: )• Shougang Tonghua Iron & Steel (Jilin). .
In partnership with Sky Limit Entertainment, Shougang redeveloped the No. 1 Blast Furnace into the SoReal Metaverse Paradise, a VR and immersive technology park featuring exhibitions, e-sports, holography, and. [pdf]
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