In September 2026, in response to the increasing risk of overcapacity in the energy storage industry, relevant departments launched a comprehensive investigation to assess the production capacity of existing and planned energy storage cells. The current planned expansion will exceed 800GWh, with an expected production capacity of 1.2–1.5TWh by the end of the year, far exceeding global actual demand. Therefore, relevant departments decided to suspend the approval of planned projects that have not yet begun construction. Projects already under construction will not be affected, and subsequent capacity arrangements will be adjusted dynamically based on actual market needs. Since the beginning of this year, four departments including the Ministry of Industry and Information Technology have held several special meetings, emphasizing the need to address irrational competition and initiating the development of a group standard for the “Cost Accounting Model for Power and Energy Storage Batteries” to promote high-quality development in the industry.
In September 2026, relevant departments are comprehensively investigating the production capacity of energy storage cells in the industry, given the increasing risk of overcapacity. Approval for planned projects that have not yet begun construction will be postponed, while ongoing projects already registered will not be affected. Future adjustments will be made based on actual market demand. Currently, plans to expand production by more than 800GWh are in place, with capacity reaching 1.2–1.5TWh by the end of the year, far exceeding global real demand. Four departments, including the Ministry of Industry and Information Technology, have held several special meetings this year to emphasize the need to curb irrational competition and initiate the development of a group standard for the “Cost Accounting Model for Power and Energy Storage Batteries” to promote high-quality development in the industry.