China Dongguan Tongbang Technology Co., Ltd company news

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

According to a recent analysis, the U.S. energy-storage market remains strong despite global challenges. Utility-scale battery deployment continues to grow, supported by stable demand, favorable economics, and rising adoption of renewables. Key Observations Even with changing policy and trade ... Read More

Global — late 2025Data from recent market tracking show that global grid-scale battery energy storage system (BESS) deployments surged by 36% during the first nine months of 2025 compared with the same period in 2024. A total of 49.4 GW / 136.5 GWh of new BESS capacity was commissioned over this ... Read More

United States — April 2025The U.S. is experiencing sustained momentum in utility-scale battery installations, according to the latest analysis from Reuters. National BESS capacity has grown nearly five-fold compared to 2020, making battery storage one of the fastest-growing segments in the American ... Read More

Global — 2025A new forecast released by BloombergNEF (BNEF) shows that global energy-storage installations are on track to hit another record in 2025, with annual additions expected to reach 92 GW / 247 GWh. This represents a 23% increase compared to 2024, driven by rapid deployment of renewables ... Read More

Beijing, China — August 2025China has suspended operations at a major lithium mine in Yichun, one of the country’s most productive lithium-resource regions, after the mine’s operating license expired. The shutdown has triggered an immediate surge in global lithium prices and renewed concerns over ... Read More

Seoul, South Korea — September 2025SK On, one of South Korea’s leading battery manufacturers, has signed a long-term agreement with U.S. energy developer Flatiron Energy Development to supply up to 7.2 GWh of lithium-iron-phosphate (LFP) batteries for grid-scale energy storage systems (ESS). The ... Read More

Beijing — September 2025 — China’s central planners have released a special action plan targeting an installed battery-based energy storage capacity of 180 gigawatts (GW) by the end of 2027. The plan outlines investment of approximately RMB 250 billion (~US$35 billion) to support the rollout of ... Read More

New York / Washington, D.C. — September 2025 — The Global Solar Council (GSC) has expanded its scope by establishing the world’s first global trade association dedicated solely to battery energy storage systems (BESS). The move positions GSC to champion not just solar generation, but also the ... Read More

London / Paris — June 2025 — French energy giant TotalEnergies has struck a deal to acquire a 435 MW renewable portfolio from UK developer Low Carbon, comprising eight solar projects (350 MW) and two battery storage assets (85 MW). The acquired assets are in advanced development and expected to be ... Read More