en.Wedoany.com Reported - On April 2, 2026, Zhejiang Xingchen New Energy Technology Co., Ltd. and Xiamen HiTHIUM Energy Technology Co., Ltd. formally signed a strategic cooperation agreement, securing a total of 30 gigawatt-hours (GWh) of battery cell procurement orders for the next three years. This collaboration, spanning from 2026 to 2028, aims to accelerate Xingchen New Energy's large-scale expansion in the grid-side and commercial & industrial energy storage markets through deep synergy across the industry chain's upstream and downstream. 
According to the agreement, the two parties will establish a long-term battery cell supply and demand mechanism. The total 30 GWh procurement volume will be implemented in phases, providing core hardware support for Xingchen New Energy's integrated smart energy ecosystem of "storing electricity - managing electricity - trading electricity." As a well-known Chinese energy storage battery manufacturer, HiTHIUM will leverage its battery cell technology advantages to ensure Xingchen New Energy's project delivery capabilities in new load scenarios such as zero-carbon parks and data centers.
Founded in Zhejiang, China, Xingchen New Energy is a technology company positioned at the intersection of "Artificial Intelligence + Energy Storage." Its main business covers energy storage system R&D and manufacturing, smart power plant operation, and AI-powered electricity trading. The signing of this multi-billion-yuan order marks the company's transformation from a single system integrator to an energy service provider with resource integration capabilities.
Currently, the focus of competition in the energy storage industry has shifted from single-point products to scenario-specific closed-loop solutions. According to industry data analysis, with the advancement of new power system construction, demand for grid-side energy storage will enter an explosive growth period after 2026. By preemptively securing HiTHIUM's high-quality production capacity, Xingchen New Energy can effectively mitigate risks associated with price fluctuations of core raw materials, ensuring the stability of project construction timelines and performance metrics.
In the next step, the two parties plan to conduct technical alignment in the fields of power automation and smart operation and maintenance, jointly promoting industry standardization. Xingchen New Energy will utilize this batch of battery cell resources to launch multiple ten-megawatt-scale energy storage demonstration projects in the second half of 2026. This strategic move not only enhances the market share of both companies but also provides efficient and green energy storage infrastructure support for achieving global carbon neutrality goals.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
