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XIAMEN, China, Feb. 10, 2026 /PRNewswire/ -- Recently, authoritative institutions including InfoLink, SMM and ICC released the 2025 global energy storage shipment rankings. HiTHIUM demonstrated strong performance, ranking Top 2 globally for both global energy storage battery shipments and utility-scale (BESS) battery shipments, further consolidating its leading position in the global energy storage market. HiTHIUM's products and solutions have been successfully deployed in over 20 countries and regions According to InfoLink's global energy storage supply chain database, global energy storage cell shipments reached 612.39 GWh in 2025, representing a 94.59% year-on-year (YoY) increase. In terms of market segments, the utility-scale cell market reached an annual shipment volume of 556.74 GWh, up 96.73% YoY. Against this backdrop, HiTHIUM's Top 2 ranking on both leaderboards further highlights its cutting-edge technical strength and dominance within the mainstream market. Building Global End-to-End Capabilities Across Core Energy Storage Channels As a leading global provider of integrated energy storage solutions and services, HiTHIUM remains deeply focused on the energy storage sector. Driven by customer-centric demand, the company has built end-to-end capabilities spanning material systems, product development, system integration, and full-lifecycle station services, delivering customized, all-scenario integrated solutions tailored to diverse regions and applications. HiTHIUM's solutions have been validated across extreme and complex environments—from high-altitude plateaus and deserts to rainforests and islands. Its project footprint spans North America, Europe, and key energy hubs in China. Representative flagship projects include a 600MWh storage project in Texas, USA, a customized project in Hungary, Europe's first grid-forming storage project, the Shandong "Source-Grid-Load-Storage-Cloud" project, and the "Gansu-to-Shandong Power Transmission" energy storage project. To date, HiTHIUM's products and solutions have been successfully deployed in over 20 countries and regions, supporting high-penetration renewable energy integration and ensuring the safe, stable operation of power systems. Driving Long-Duration Lithium Innovation to Solidify Global Competitiveness As the energy storage industry evolves toward long-duration, large-scale, and high-capacity solutions, HiTHIUM continues to strengthen its global competitiveness through sustained technological innovation and intelligent manufacturing. In technological innovation, HiTHIUM's kAh dedicated LDES battery won the Gold Award from the Ministry of Industry and Information Technology (MIIT), its sodium-ion battery technology was selected for the National Major Technical Equipment (First-of its-Kind) list, and it completed the world's first open-door large-scale fire test, setting new benchmarks for energy storage innovation and safety. In manufacturing, it was recognized as a national excellent-level smart factory and the world's first "Lighthouse Factory" for energy storage batteries, empowering the high-quality development of long-duration energy storage with extreme intelligent manufacturing and providing solid support for global large-scale delivery. Currently, HiTHIUM's ∞Cell 1175Ah/587Ah large-capacity battery cells and supporting systems have taken the lead in achieving mass production and completed global delivery. In 2025, HiTHIUM unveiled three major innovative achievements: ∞Power8 6.9MW/55.2MWh, the world's first native 8-hour long-duration energy storage solution; ∞Cell 1300Ah 8h, the world's first dedicated 8-hour long-duration storage cell; and ∞Power Solutions for AI Data Center, the world's first lithium-sodium collaborative AIDC long-duration storage solution. Driven by cutting-edge technology, HiTHIUM continues to push the boundaries of energy storage toward an evolution that is longer-duration, safer, and smarter. Ranking among the Top 2 globally in 2025 for both energy storage battery and utility-scale (BESS) battery shipments is a strong market validation of HiTHIUM's customized solution capabilities and global delivery strength. Looking ahead, HiTHIUM will continue to advance its core strategy of Internationalization, Integration, and Branding. Guided by the principles of cost leadership, excellent service, and safety, HiTHIUM is committed to supporting the global green energy transition and steadily advancing toward its goal of becoming the world's leading energy storage solutions brand.
DETROIT, Feb. 7, 2026 /PRNewswire/ -- Wanxiang A123 Systems Corp. successfully hosted its global launch event at Wanxiang Innovation Energy City, unveiling a breakthrough energy storage platform designed to address the industry's most critical challenge: safety. Under the theme "Gathering Stars, Smart Storage Future," the event marked a decisive shift in energy storage safety—from reactive fire suppression to intrinsic, system-level prevention. At the event, Wanxiang A123 introduced the Star Series semi-solid-state battery cells and the Star River Series energy storage solutions, representing the world's first deep integration of semi-solid-state battery technology with immersion cooling. This architecture establishes a new benchmark for thermal safety and system reliability across high-risk applications. The Star Series cells leverage proprietary technologies to fundamentally resolve electrolyte leakage and instability. In a highly publicized 10-needle puncture test, a 100 Ah semi-solid-state cell remained fully stable, exhibiting no fire, no explosion, and no thermal propagation—a level of intrinsic safety unattainable with conventional liquid lithium-ion batteries. At the system level, the Star River Series employs full immersion cooling, maintaining cell temperature variance within 2 °C, even under demanding operating conditions. This dual-layer protection—combining material-level stability with active thermal isolation—creates a robust safety barrier against thermal runaway and ensures reliable operation in extreme environments. Beyond safety, the platform delivers compelling economic performance. The system achieves a cycle life exceeding 10,000 cycles at room temperature, and more than 7,000 cycles at 45 °C, representing a 40% improvement over industry averages. Its superior high-temperature resilience reduces the Levelized Cost of Energy (LCOE) by approximately 15%, offering customers a highly cost-effective, long-term solution. The Star River Series solution matrix addresses four core application scenarios. For data centers, the platform features an 800 V HVDC architecture capable of serving as a primary power source. Outdoor cabinet solutions are engineered with IP68-rated protection to withstand extreme environmental conditions. For offshore and logistics-constrained applications, modular 5-ft containers enable efficient shipping, while 20-ft container systems integrate multi-stage fire suppression and three-level BMS protection for large-scale deployments. Further enhancing system intelligence, Wanxiang A123 introduced a Wireless BMS + AI platform incorporating pressure-sensing technology capable of identifying thermal runaway risks up to 10 minutes earlier than conventional monitoring systems. This advancement enables predictive safety management and supports the transition toward unmanned, intelligent energy storage operations. For more information, please visit: https://youtu.be/6DTs6cc8ypA?si=a-DrufW1XGboKSOP
KUALA LUMPUR, Malaysia, Feb. 6, 2026 /PRNewswire/ -- EVE Energy Co., Ltd. and its partners signed a contract for the Kuala Lumpur International Airport (KLIA) solar-plus-storage project, with Malaysia's Deputy Prime Minister Fadillah Yusof in attendance to witness the milestone. This marks EVE Energy's formal entry into Malaysia's critical infrastructure sector with its 628Ah energy storage batteries and 5MWh energy storage system,supporting the nation's green and smart energy transformation. Oscar Chan, GM of Energy Storage International Sales Department at EVE Energy, and En Harman, President of Cenergi SEA, jointly unveiled the energy storage procurement contract. The 10MW/36MWh ground-mounted solar PV + BESS project marks EVE's first AC/DC integrated energy storage deployment in Malaysia. Equipped with 628Ah batteries and a highly integrated architecture, the system features a planned 5MWh storage system. It is applicable to scenarios such as renewable energy grid connection, peak shaving and grid frequency regulation, and will supply green power to KLIA's main terminal stably when put into operation in 2027, in conjunction with a 36MWp solar farm. "We are honored to power a world-class transportation hub like KLIA," said Oscar Chan, General Manager of EVE Energy's International Energy Storage Sales. "We will draw on our technical expertise and project experience to ensure the project's high-quality delivery." As Southeast Asia's second-busiest airport, KLIA serves 6 million passengers annually. Aligned with Malaysia's National Energy Transition Roadmap (NETR) and carbon reduction goals, EVE's safe and efficient storage solution is expected to cut approximately 42,006 tons of CO₂ annually, supporting KLIA's 2030 renewable energy targets and net-zero aspirations. Moving forward, EVE Energy remains committed to deepening partnerships across Southeast Asia, collaborating with global stakeholders to accelerate clean energy transition and build a sustainable energy ecosystem.
KITCHENER, ON, Feb. 5, 2026 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, its energy storage solutions business, and Sunraycer, a leading developer, owner, and operator of clean energy power sites, have entered into agreements for the supply and long-term servicing of two standalone battery energy storage projects totaling 503 MWh DC in Franklin County, Texas. The projects, collectively referred to as the Lupinus projects, are being developed by Sunraycer. They comprise Lupinus 1, a 202 MWh facility expected to begin construction in Q1 2027 and reach commercial operation in Q3 2027, and Lupinus 2, a 301 MWh facility scheduled to start construction in Q3 2026 and achieve commercial operation in Q2 2027. Under the agreements, e-STORAGE will deliver its SolBank 3.0 battery energy storage system and provide 10 years of long-term services, supporting system reliability, performance optimization, and availability throughout the project lifecycle. The battery cells integrated into SolBank 3.0 are manufactured within Canadian Solar's global manufacturing network, reinforcing supply chain resilience and long-term operational reliability at scale. The Lupinus projects will play a vital role in supporting renewable energy integration and enhancing grid stability within the ERCOT market, one of North America's fastest-growing and most dynamic energy storage markets. This collaboration reflects both companies' shared commitment to deploying secure, scalable, and efficient energy storage solutions that enable a more flexible and resilient power grid. David Lillefloren, CEO of Sunraycer, said: "Partnering with e-STORAGE on the Lupinus projects represents a significant step forward in Sunraycer's mission to advance sustainable energy infrastructure across Texas and beyond. These projects both strengthen the reliability of the ERCOT grid and underscore the critical role of battery storage in supporting the clean energy transition. Together with e-STORAGE, we're delivering long-term value to our communities and customers in Texas." Colin Parkin, President of Canadian Solar and President of e-STORAGE, said: "We are pleased to partner with Sunraycer on the Lupinus projects in Texas. Building on our established collaboration, these systems will leverage our BESS technology and service platform to deliver long-term operational value and support the continued growth of reliable, utility-scale energy storage infrastructure across Texas." About Canadian Solar Inc. Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com. About e-STORAGE e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage solutions, comprehensive EPC services, and innovative solutions aimed at improving grid operations. Currently, e-STORAGE operates fully automated, state-of-the-art manufacturing facilities with an annual battery energy storage system capacity of 15 GWh and battery cell capacity of 3 GWh, on a single-shift and double-shift annualized basis, respectively. For more info, please refer to the Media&PR section of www.csestorage.com and follow our LinkedIn page. About Sunraycer Sunraycer, a Crayhill Capital Management portfolio company, is a rapidly-growing, Annapolis, Maryland-based renewable energy platform that has a development and construction stage pipeline of approximately 2 GW of solar and 2 GW of BESS utility-scale power plants. Sunraycer provides pre-NTP and acquisition capital to developers involved in all types of renewable energy endeavors. Its goal is to streamline the complexities of development and eliminate financing challenges for the developer community. Sunraycer leverages enterprise-scale partnerships with proven industry leaders, as well as an experienced and driven in-house team of renewable energy experts, to accelerate the deployment of development-stage projects. For more information, please visit Sunraycer's website at https://sunraycer.com/ or follow Sunraycer on LinkedIn for the latest company news and events. Safe Harbor/Forward-Looking Statements Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law. Canadian Solar Inc. Investor Relations Contact Wina HuangInvestor RelationsCanadian Solar Inc.investor@canadiansolar.com e-STORAGE MEDIA CONTACTmarketing@csisolar.com Sunraycer Media InquiriesJake ForrestalProsek Partnerspro-crayhill@prosek.com
A Decade of Dedication: Setting the Industry Benchmark Through Technology Enhancement and Caring Service HONG KONG, Feb. 5, 2026 /PRNewswire/ -- RedBox Storage has been awarded the "2025 Quality Service Retailer of the Year – Storage Service Category" by the Hong Kong Retail Management Association (HKRMA). Coinciding with the brand's 10th anniversary, this prestigious accolade affirms RedBox's leadership position as Hong Kong's Premier Self Storage Specialist and recognizes its service standards benchmarking top-tier customer-facing brands, making it a trusted mini-storage solution for both individuals and businesses. RedBox Storage — From premium, climate-controlled facilities to tech-enabled access and award-winning customer-first support. Your Premier Self Storage Specialist in Hong Kong. Owner-Operator Mindset: A Promise of Quality and Confidence A defining strength of RedBox Storage is its owner-operator model, which reflects a long-term commitment to the market and allows full control over facility operations and customer experiences. This ensures consistent, high-level service standards across every service point. The customer-centric ethos is embedded in every detail. Facilities are strategically located near MTR stations for easy access and feature thoughtful amenities such as dedicated parking, complimentary beverages, and other storage hospitality touchpoints — all designed to address the practical needs of customers seeking comprehensive Hong Kong storage solutions. From a facility perspective, RedBox Storage delivers a reliable and secure storage environment through 24/7 climate and humidity control, smart CCTV monitoring, and top-tier fire safety systems. Together, these features ensure a safe and reliable storage experience, allowing self-storage units to serve as an extension of home and workspaces. Digital-First Experience: Streamlining the Storage Journey To match the fast-paced lifestyle of Hong Kong, RedBox Storage continues to advance its smart, digitalized mini-storage experience. The journey begins with exploring facilities via a 360° Virtual Tour on the website and estimating needed sizes using the Space Calculator. The experience continues through the RedBox mobile app, which serves as a one-stop hub for booking, e-contract signing, and payment — simplifying complex administrative tasks into a few taps. This digital ecosystem empowers customers to manage their mini-storage effortlessly anytime, anywhere. The Human Touch: Building Trust and Reputation In the era of digital transformation, RedBox Storage believes that human connection remains indispensable. RedBox Storage provides 7-day onsite customer support and extends its customer service hotline until 10:00 PM, ensuring customers are provided with timely assistance even beyond office hours. Such a hybrid approach, blending advanced technology with authentic interpersonal touchpoints, has enabled RedBox Storage to accumulate nearly 1,500 verified 5-star Google reviews, reinforcing its reputation as a trustworthy self-storage brand in Hong Kong. "Unbox Your Life": More Than Storage, It's an Extension for more With the growing demand for living space, RedBox launched the "Unbox Your Life" campaign in 2025 to redefine the role of self-storage in Hong Kong. No longer merely a place for storing belongings, but a solution to elevate the quality of life. Whether it is temporary renovation storage, seasonal wardrobes, or cherished collections, RedBox encourages residents in Hong Kong to reclaim space, reset, and make room for what truly matters. About RedBox Storage Acquired by global investment firm Brookfield Asset Management in 2022, RedBox Storage has established itself as a premier storage specialist, offering innovative and flexible solutions for individuals and businesses. With a focus on innovation, unmatched quality, and customer-centric service, RedBox Storage helps you make room for what matters most.
Project highlights Recharge Power's utility-scale system integration and EPC delivery capabilities TAIPEI, Feb. 3, 2026 /PRNewswire/ -- Recharge Power Co., Ltd., the energy storage subsidiary of J&V Energy Technology Co., Ltd. (6869), has been selected to undertake the Engineering, Procurement, and Construction (EPC) works for a large-scale solar-plus-storage project. With a total capacity of 48MW/185.7MWh, this project, as part of HEXA Renewables' solar-plus-storage integration initiative, demonstrates Recharge Power's capabilities in hybrid system integration and utility-scale storage delivery. HEXA Renewables, an international renewable energy platform, focuses on building a diversified portfolio of renewable generation and energy storage integration projects in Taiwan. This collaboration reflects Recharge Power's track record in complex project execution and system integration. This solar-plus-storage project, featuring 48MW/185.7MWh of battery storage, is scheduled to break ground in the first half of this year. The deployment of this large-scale energy storage system will provide peak shaving and load shifting services to mitigate the intermittency of renewable power, while improving grid dispatch flexibility, overall resilience, and solar penetration. The project is expected to generate significant EPC revenue during the construction phase and, upon completion, rank among one of Taiwan's most significant utility-scale solar-plus-storage facilities. "Recharge Power possesses strong system integration capabilities, supported by established project management, construction coordination, and quality control expertise," said Spencer Feng, Chief Executive Officer of Recharge Power. "This expertise enabled us to complete Taiwan's first grid-connected solar-storage project with our parent company, J&V Energy Technology, in December 2023. This project forms part of HEXA Renewables' solar-plus-storage integration efforts, standing as one of the largest solar-plus-storage facilities in Taiwan. It further validates our EPC and O&M capabilities in energy storage systems and builds on our accumulated experience in this field." Beyond Taiwan's first solar-plus-storage project, Recharge Power has developed several pioneering and benchmark storage projects in the local market, including Taiwan's first Automatic Frequency Control (AFC) project, Taipower's first grid-connected substation energy storage project, and a 200MW/335MWh large-scale storage project. These projects illustrate Recharge Power's end-to-end technical integration and execution capabilities across multiple grid and energy storage use cases. "In line with our overall strategy, utility-scale energy storage has become foundational infrastructure supporting the energy transition and grid stability as renewable penetration increases," said Kai Tan, Deputy General Manager of J&V Energy Technology. "Securing Taiwan's largest solar-plus-storage EPC project not only solidifies the Group's leadership position in the domestic storage market, but also creates a vital track record for its further global expansion." Mr. Tan added that the Group will draw on its experience from Taiwan's large-scale solar-plus-storage and grid-level storage projects to strengthen technological integration and operational capabilities. "We plan to expand our storage business into overseas markets with high growth potential, establishing a replicable and scalable international business model. This will sustain long-term growth and deliver deployable, integrated solutions that enable the global energy transition." About Recharge Power Co., Ltd. Recharge Power Co., Ltd., a Battery Energy Storage System Integrator (BESSI) under J&V Energy Technology Co., Ltd., is one of the few companies in Taiwan offering fully integrated, end-to-end services for grid-scale energy storage systems. Its comprehensive solutions and services cover system design review, industrial control and communication systems, site construction, installation, commissioning, as well as long-term operation and maintenance (O&M) and qualified trading services. To date, its cumulative installed storage capacity exceeds 370MW/886MWh, encompassing multiple milestones in Taiwan's storage development. These include Taiwan's first AFC demonstration project, Taipower's first grid-connected substation energy storage project, the first grid-connected solar-plus-storage project, and the largest privately-owned storage project in Taiwan, demonstrating mature system integration and disciplined engineering execution. Beyond Taiwan, Recharge Power has continued to build its presence in the Japanese storage market, with several projects already grid-connected and a 24/7 O&M system established across Taiwan and Japan. This provides an operational foundation for the global growth of J&V Energy Technology's storage business. Recharge Power Co., Ltd., a subsidiary of J&V Energy Technology Co., Ltd., has been awarded the EPC contract for a large-scale solar-plus-storage project from HEXA Renewables, with a total capacity of 48MW/185.7MWh. Upon completion, it will become one of Taiwan's notable utility-scale integrated solar-plus-storage assets. (Image: Aerial photo of the solar farm for the project.)
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