China's SPIC and CATL Join Hands with Huawei Digital Power in Energy Storage Cooperation Agreement
2026-05-21 17:19
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en.Wedoany.com Reported - On May 18, 2026, Guoning New Energy Storage (Fujian) Technology Co., Ltd., a subsidiary of State Power Investment Corporation (SPIC), and Huawei Digital Power Technologies Co., Ltd. signed a comprehensive cooperation agreement in Shanghai. The two parties will focus on the high-quality development of the energy storage industry, deepen all-round cooperation, and contribute to the green and low-carbon transformation of energy.

Wang Ruibing, Party Secretary and Chairman of Guoning New Energy Storage, and Meng Shaoyun, President of Huawei China Digital Power Business, jointly witnessed the signing ceremony. Huang Zhixing, Executive Deputy General Manager of Guoning New Energy Storage, and Zhou Yu, Head of the SPIC System Department for Smart PV at Huawei China Digital Power, signed the agreement on behalf of their respective parties.

Regarding this cooperation, Wang Ruibing pointed out that the momentum of cooperation between the two sides in Fujian is strong and the prospects are broad. In the future, in implementing the "dual carbon" strategy, both sides will continue to increase cooperation efforts in energy storage, new energy, and other areas.

Meng Shaoyun stated that Huawei Digital Power will adhere to technology research and development, quality control, customer service, and industrial ecosystem building. In energy storage and related fields, it will complement the advantages of Guoning New Energy Storage. The two sides will focus on joint product development, demonstration and leadership in energy storage projects, scenario-based cooperation exploration, and ecosystem cooperation construction, continuously establishing a comprehensive cooperative relationship.

Guoning New Energy Storage was established in April 2024 with a registered capital of 1 billion yuan. It is a joint venture between SPIC (holding 60% of shares) and CATL (holding 40% of shares). Since its establishment over two years ago, Guoning New Energy Storage has demonstrated strong performance in the energy storage market.

In February 2026, in SPIC's 7GWh energy storage cell centralized procurement, Guoning New Energy Storage secured a 3.5GWh procurement volume at a unit price of 0.355 yuan/Wh, with a winning bid amount exceeding 1.2 billion yuan;

In the first quarter of 2026, its consortium with Ronghe Yuandu won major orders including SPIC's 500MW/2GWh independent energy storage project in Xinjiang, with a winning bid scale of nearly 3GWh, ranking second on the first-quarter energy storage system winning bid list;

In March of the same year, it successfully won the bid for the 150MW/300MWh independent energy storage power station project in Zhongshan, Guangdong, highlighting its market competitiveness.

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