According to EnergyTrend, On May 12, EVE Energy announced it has officially signed an 8 GWh large format energy storage battery supply order with Indian energy firm Godawari New Energy (GNEPL), with a planned 60 GWh cooperation over the next five years.
This marks the first formal product delivery following the signing of a five year long term cooperation agreement between the two parties in April. The batteries will mainly be used for manufacturing the total planned 20 GWh Battery Energy Storage System (BESS) projects under GNEPL, moving their partnership into the substantial delivery phase.
According to EnergyTrend’s collation, EVE Energy has secured multiple large scale energy storage orders since the start of 2026. To date, the total volume of publicly announced energy storage orders and long term strategic cooperation agreements signed by EVE Energy in 2026 has exceeded 152 GWh, backed by robust order backlog. Its core supplied products for these orders are high capacity 628 Ah energy storage cells and systems.
As of May 13, 2026, EVE Energy’s publicly disclosed 2026 energy storage orders (including strategic cooperation deals) are summarized below:
- January: Signed a three year cooperation agreement with Shanghai Shenyi Luoxi Energy, securing 20 GWh of energy storage battery supply.
- Also in January: Entered strategic cooperation with State Grid Beijing Technology, signing a 10 GWh long term partnership for 628 Ah large format battery systems.
- February: Partnered with Arctech Solar, signing a two year supply agreement for 12 GWh of energy storage batteries and systems.
- April: At the ESIE 2026 Beijing Energy Storage Exhibition, EVE Energy sealed deals with five leading energy storage enterprises including Goldwind Zero Carbon, Jinko Energy Storage, Linyang Energy, CEEC Energy Storage Technology and Ronghe Yuancu, with a total order volume exceeding 50 GWh.
In terms of order products, the 628 Ah large format energy storage battery has become EVE Energy’s core competitive edge in capturing market share, serving as the primary product for all new orders secured this year.
To ensure smooth delivery of large volume orders, EVE Energy continues to advance its global production capacity layout. Currently, multiple core manufacturing bases have entered capacity ramp up phase, including the 60 GWh Jingmen Energy Storage Base, 20 GWh Malaysia Energy Storage Base and 60 GWh Shanghang (Fujian) Energy Storage Base.
In terms of shipments, energy storage batteries act as a key growth driver. Shipments reached 20.38 GWh in the first quarter, a year on year increase of 60.82%.
For overall financial performance, buoyed by growing industry demand and mass production & delivery of new products, EVE Energy posted operating revenue of RMB 20.68 billion in Q1 2026, surging 61.61% year on year. Its net profit attributable to parent company stood at RMB 1.446 billion in the quarter, up 31.35% year on year, delivering an outstanding performance.
Source：EnergyTrend
