Recently, China’s energy storage industry has reached several major milestones. From CATL’s commitment to a new "Zero-Carbon" factory in Quanzhou and Jinchuan Group’s 100,000-ton LFP production line launch in Lanzhou, to Chuancheng Storage’s 3-billion-yuan investment in Shanghai and Guansheng Dongchi’s 4GWh semi-solid-state battery project entering the environmental review phase, the entire value chain is accelerating. Both raw material suppliers and R&D leaders are scaling up rapidly to meet the massive demand for large-scale energy storage.
CATL to Establish Intelligent Zero-Carbon Battery Factory in Quanzhou
On February 2, the Quanzhou Municipal People's Government and CATL officially signed a cooperation agreement for a new energy battery production base.
According to the agreement, CATL will utilize advanced green manufacturing technologies to build a modern facility in Quanzhou, covering both the R&D and manufacturing of new energy batteries.
This signing signifies CATL’s commitment to further deepening its supply chain presence in Fujian Province. By leveraging technological innovation and green manufacturing, both parties aim to enhance the regional energy ecosystem through upstream and downstream synergy, providing critical capacity for the scaling energy storage market.
Jinchuan Ruixiang’s 100,000-ton LFP Production Line Commences Operation
On January 30, Jinchuan Ruixiang, a subsidiary of the Jinchuan Group, completed its joint-stock restructuring. Simultaneously, its holding subsidiary, Jinlin Lithium, officially commenced production on its 100,000-ton Lithium Iron Phosphate (LFP) line in the Lanzhou New Area.
With a total investment of 3.135 billion yuan and a total planned capacity of 200,000 tons, the project aims to fill the gap in large-scale, high-performance cathode material production in Northwest China.
Following the completion of its 2025 financing and the optimization of its governance structure, Jinchuan Ruixiang has established a strategy focused on "IPO listing, technological iteration, and capacity expansion." The second phase of the 100,000-ton project is scheduled to break ground in March 2026.
Chuancheng Storage Invests 3 Billion Yuan in Vanadium Redox Flow Battery R&D
On January 28, during the Green and Low-Carbon Industry Promotion Conference in Hongkou District, Shanghai, Chuancheng Storage officially signed its settlement agreement, becoming a key project in the construction of the North Bund Green Service Development Pilot Zone.
As a core enterprise in this recruitment drive, Chuancheng Storage plans to establish a high-level headquarters hub in Hongkou integrating R&D, finance, and management. The company will invest approximately 3 billion yuan to focus on the development, manufacturing, and large-scale application of Vanadium Redox Flow Battery (VRFB) systems, capitalizing on their intrinsic safety and long-cycle life for long-duration energy storage.
Guansheng Dongchi’s 4GWh Semi-Solid-State LFP Battery Project Enters Public Review
On January 28, the Ouhai Branch of the Wenzhou Ecology and Environment Bureau released the "Announcement on Proposed Environmental Impact Assessment (EIA) Approval for the 4GWh Semi-Solid-State Lithium Iron Phosphate Battery Construction Project."
Records show the project developer is Zhejiang Guansheng Dongchi Energy Technology Co., Ltd., a high-tech venture co-founded in January 2024 by GSP Automotive Systems and Jilin Dongchi New Energy Technology. The company specializes in the R&D, production, and sales of solid-state and semi-solid-state lithium-ion batteries.
The project involves a total investment exceeding 1 billion yuan and is expected to reach full capacity by mid-2026, producing 2.1 million battery cells and systems annually. Technically focused on semi-solid-state lithium-ion technology, the product lineup is precisely targeted at four core sectors: industrial and commercial storage, residential storage, telecommunications base stations, and electric vessels.
Source：EnergyTrend
