TOPIC

Energy storage

Energy storage
Renewable energy production is growing rapidly globally thanks to technological advancement. However, intermittency of solar and wind power output has given rise to big demands for energy storage solutions such as pumped hydro-electric stations, batteries, flywheel and compressed-air energy storage. Energy storage is a key part of the low carbon energy supply system the world aspires to achieve, for cutting greenhouse gas emissions and fighting climate change.
In the Gobi Desert outside Golmud, Qinghai, a facility is using compressed air to store energy. Photo: Handout
Science

China to power up world’s largest ‘super-cold air battery’ in the Gobi Desert

Facility runs for 10 hours straight and will produce 180 million kilowatt-hours of electricity a year, powering 30,000 homes.

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Made in China 2025

Can rising lithium costs save China’s energy storage firms from a price war?

Electric & new energy vehicles

Opinion | Battery revolution set to spark Global South’s century of prosperity

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Climate change

Opinion | How Cop30 laid bare the new geopolitics of climate action

Fractures, even among the Global South, show the energy transition is not just a technical challenge but a deeply political negotiation.

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Illustration: Craig Stephens
Science

Amid global fusion energy race, Europe’s top nuclear minds are betting on China

Frustrated by Western delays, top scientists have joined China’s BEST fusion project as it nears ‘uncharted territory’.

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Hong Kong society

Letters | Fintech is moving fast. Gen Z’s financial literacy must keep pace

Readers discuss the need to get the basics right in financial education, introducing means testing for electricity subsidy, and an unexpected encounter with American spelling in Hong Kong.

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Energy

Letters | Southeast Asia must find its own path to sustainability, as China has

Readers discuss the different pathways to building energy resilience, the worth of investing in youth basketball, and the media hype over Trudeau and Perry dating.

A technician checks and cleans solar panels at Jatijajar bus station in Depok, Indonesia, on April 16. Photo: EPA-EFE
Business of climate change

This Hong Kong start-up helps us see ‘the colour of the wind’ in 3D

The start-up aims to launch a pair of satellites within the next 18 months, followed by another five to create a constellation.

Energy

Letters | Asia can’t sit back as China wins the next-gen battery race

Readers discuss the risk of a new energy dependency, Nobel Prize-winning insights on ‘creative destruction’, and access to West Kowloon.

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China energy security

Overseas expansion adds fuel to Chinese energy storage firms’ hunt for bosses

Global hiring spree sees million-yuan salaries become the norm, but long-term prospects of smaller players called into question.

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The energy storage station at an industrial estate in Yinchuan, capital of northwest China’s Ningxia Hui autonomous region. Photo: Xinhua
Science

China unleashes battery export controls amid strides in solid-state science

Analysts say the measures are meant to consolidate China’s advantage in the lithium battery industry and slow the progress of competitors.

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China plays a substantial role in the global battery supply chain, providing over 70 per cent of battery materials and more than 60 per cent of power batteries worldwide. Photo: Shutterstock
Business of climate change

China’s clean-energy stocks closing gap with global renewables surge

Policy tailwinds could help Chinese solar and energy-storage shares catch up with a global gold-beating rally, analysts say.

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IPO

Chinese solar inverter and energy storage giant Sungrow seeks Hong Kong IPO

Sungrow’s filing comes amid the Trump administration’s roll-out of new import tariffs covering China-made solar energy products.

China exports

China’s cleantech creating ‘new global energy system’ as exports soar: report

Demand for clean technology is ‘skyrocketing’, especially in Global South, as China drives creation of cheaper solutions, report says.

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China’s exports of clean technology have soared in recent years, as the cost of wind turbines, solar panels, lithium batteries and other solutions continues to fall. Photo: Xinhua
Business of climate change

Hong Kong shipper Wah Kwong joins push for greener energy at ports

Firm enters joint venture to cut diesel emissions by building onshore power hookups for ships in ports.

A container ship moves towards a berth at the container terminal of the port in Qingdao, in China’s eastern Shandong province, on September 24, 2025. Photo: AFP
Science

Hydride ion battery breakthrough: Chinese team hits 6x capacity of lithium ion

Rechargeable, room-temperature stable battery possible using rare earth-based battery electrolyte harnessing hydride ions: Nature paper.

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Business of climate change

Hong Kong’s Templewater links Asia’s robust EV growth with Middle East’s clean-energy demand

Private equity firm sees EV and energy-storage opportunities as Middle East shifts away from traditional oil reliance.

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China energy security

Already world’s top energy-storing nation, China to supercharge capacity by 2027

New plan calls for expansion of energy-storage applications, including more projects in desert areas and at retired coal-fired power plant sites.

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Power-grid workers inspect a photovoltaic power plant in Hebei province earlier this year. Photo: Xinhua
Science

Europe power guru Wang Xiongfei brings grid stability expertise home to China

The newly appointed Xinghua chair professor at Tsinghua University remains involved in six European research projects.

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United States

Opinion | Why Trump is attacking China’s dominance in humble graphite

Anti-dumping duty recognises China’s control of the carbon mineral and its growing importance in the batteries powering the future.

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China stock market

China’s mega dam project in Tibet sparks hydropower stock surge

The investment is set to benefit hydropower plant and grid equipment makers, but some analysts warn that market enthusiasm may wane soon.

The Brahmaputra River. Photo: Shutterstock
Hong Kong economy

Opinion | Hong Kong must ensure it’s in the engine room financing future tech

Only with purposeful planning and coordinated policies can Hong Kong’s capital markets act as levers for innovation.

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Hong Kong’s stock exchange marked its busiest day of the year on July 9, when five companies made their debuts: semiconductor chip designer Fortior Technology, Lens Technology, Wuhan Dazhong Dental Medical, robotic logistics firm Beijing Geekplus and Beijing Xunzhong Communication. Photo: Aileen Chuang
Business of climate change

Envision launches world’s largest green hydrogen plant in Inner Mongolia

The plant, capable of producing 320,000 tonnes per year of green ammonia, will be scaled up to 1.5 million tonnes a year by 2028.

China energy security

Clean and green: China’s strategic energy investments fuel renewable sector

A transition to clean energy is channelling funds into related investments, and the Paris-based IEA assesses the state of the world’s energy industry.

China Future Tech briefing

EVs | China plugs into next-generation batteries

Sodium-ion and solid-state batteries are emerging technologies for powering electric vehicles and storing electricity. China has made big advances on both.

China plugs into next-generation batteries
Business of climate change

China spins up offshore wind energy as Beijing promotes marine economy

Country on track to double offshore capacity additions this year, report from Global Energy Monitor says.

Offshore wind turbines stand in the waters of Laizhou City, in east China’s Shandong Province, on January 7, 2025. Photo: Xinhua
Business of climate change

Cloudy with a chance of bankruptcy: US tariffs hurt China’s solar firms

One-third of China’s 121 listed solar producers are in the red; more than 50 along the supply chain have filed for bankruptcy this year.

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Environment

Chinese energy firms say Brazil must clarify rules or face loss of investments

Energy Summit panellists say that Brasília needs to act quickly on framework for energy storage and long-term concessions.

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