【SMM New Energy News】Deye to Invest in 9GWh C&I Energy Storage Production Line Project

Published: Jun 24, 2026 12:17

Save

Deye ESS, a wholly-owned subsidiary of Deye Shares, signed a Phase II investment agreement with the Cixi Binhai Economic Development Zone to build a commercial and industrial (C&I) energy storage production line project with an annual capacity of 9GWh. The fixed asset investment is expected to be no less than 1.232 billion yuan. This project represents the second phase of an overall 16GWh C&I energy storage production line plan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

[SMM Analysis] Sulphate Prices Soft, Precursor Prices Still under Pressure

This week, ternary cathode precursor prices weakened, nickel sulphate and cobalt sulphate prices edged lower, while manganese sulphate prices remained stable.

Common.Time.minsAgo

Common.Time.hoursAgo

Highly Likely Fake News: Rumor of Major Manufacturer’s 15 GWh Sulphide All-Solid-State Battery Production Launch [SMM Analysis]

[SMM Analysis: Highly Likely False News – Rumour of Major Manufacturer Starting Production of 15 Gwh Sulphide All-Solid-State Battery] False news: On July 7, 2026, according to multiple media sources, CATL officially announced the initial phase of production of the world's first mass-production line for all-solid-state batteries at its facility in Yibin, Sichuan, with a planned capacity of 15 Gwh. Sulphide all-solid-state technology route + energy density 500 Wh/kg + 10-minute fast charging + 800 km.

Common.Time.hoursAgo

Jul 7, 2026 21:19

West Africa's Largest Lithium Processing Plant Starts Operations

West Africa's largest lithium processing plant has officially commenced operations in Nigeria's Nasarawa State. The facility has a designed processing capacity of 6,000 tonnes of lithium ore per day, equivalent to around 30,000 tonnes of lithium carbonate equivalent (LCE) annually. The project is operated by Diamond Energy Group, with Jiuling Lithium and Tianhua New Energy each holding a 50% stake.

Jul 7, 2026 21:19