SMM Daily Review: On March 2, Spot Lithium Carbonate Price Fluctuated Upward

On February 28, the construction of the second batch of China's large-scale wind and PV bases in desert-Gobi-wasteland areas, and the country's largest single coal mining subsidence area PV project, the 4 million kW Ningxia Lingwu coal mining subsidence area new energy base, was completed and put into operation, marking the full completion of the 6 million kW Ningxia coal mining subsidence area composite PV base. In addition, the project is equipped with a 600MW/1200MWh ESS, of which 400MW/800MWh has been completed, using grid-forming ESS technology.

South Korea's Solivis focuses on sulphide solid electrolytes. The core product has an ionic conductivity as high as 12 mS/cm, surpassing the level of liquid electrolytes. The world's largest mass production plant for sulphide electrolytes was completed in November 2025, with plans to expand capacity to 400 mt by 2027. It has already supplied to leading battery and automaker companies in South Korea and Japan, aiming to become the world's top solid electrolyte provider by 2030.

Against this backdrop, the value of energy storage and grid infrastructure becomes particularly prominent. If conflict persists, the core objective of energy systems will shift from cost optimization to systemic resilience. Distributed energy, microgrids, and storage possess an insurance-like function; their value becomes more visible under extreme conditions. Even if elevated raw material prices increase project costs, higher policy priority may provide long-term support.