China Dongguan Tongbang Technology Co., Ltd company news

Battery energy storage systems (BESS) are seeing rapid growth worldwide as governments introduce new policies to support renewable energy integration and grid reliability. In India, new regulations for battery storage systems have been introduced to encourage wider adoption across utilities, ... Read More

The global energy storage market continues to expand, with major industry players increasing investment in battery manufacturing capacity. Recently, Tesla and LG Energy Solution confirmed a $4.3 billion investment to build a lithium iron phosphate (LFP) battery production facility in the United ... Read More

Solar power combined with battery storage systems is becoming one of the fastest growing trends in the global renewable energy industry. Many countries are investing in solar-plus-storage projects to improve grid stability and maximize renewable energy usage. In these systems, batteries store excess ... Read More

The global energy storage industry continues to grow as more countries accelerate renewable energy deployment. Lithium iron phosphate (LiFePO4) batteries have become one of the most widely used technologies for solar energy storage systems. Compared with traditional lead-acid batteries, LiFePO4 ... Read More

Guam — December 24, 2025 — In a major step for Pacific Island energy resilience, the Export-Import Bank of Korea has committed financing to support a 132 MW solar photovoltaic plant paired with a 325 MWh battery energy storage system (BESS) on Guam. The project is being developed by a consortium of ... Read More

December 2025 — Global — A surge in global demand for battery storage capacity is sweeping through clean energy markets, driven by major power-grid reforms and accelerating data-center buildouts. China’s comprehensive power market reform has significantly enhanced the economics of utility-scale ... Read More

United States — December 2025 — According to data from Wood Mackenzie Power & Renewables and the American Clean Power Association, U.S. energy storage installations in 2025 have already exceeded the total capacity deployed in full-year 2024, highlighting rapidly growing momentum in the battery ... Read More

Riyadh, Saudi Arabia — December 2025 — The Kingdom of Saudi Arabia has completed the grid connection for a landmark 7.8 GWh battery energy storage system (BESS) across three major sites in its southwest, reinforcing its renewable energy infrastructure and grid stability. When fully commissioned, ... Read More

International — 2025Governments and utilities around the world are accelerating investment in battery storage to strengthen grid resilience amid rising electricity demand and extreme weather events. Energy storage systems are increasingly deployed as a fast-response solution to stabilize power ... Read More

Global — 2025Global energy storage deployment reached a new milestone in 2025, with battery energy storage systems (BESS) being installed at an unprecedented pace. Industry data shows that worldwide grid-scale battery installations continued to accelerate, driven by the rapid expansion of renewable ... Read More