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Chinese Battery Storage and Inverter Manufacturer Ningbo Deye Reports Expected 56-70% First Quarter 2026 Net Profit Increase Driven by Surging Overseas Demand
Ningbo Deye Technology Co., a major Chinese manufacturer of battery energy storage systems and power conversion equipment, announced expected first quarter 2026 net profit of 1.1 to 1.2 billion yuan ($176 million), representing a year-on-year increase of 56-70%. The sharp profit increase is attributed to surging overseas demand for battery storage solutions driven by global…
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Enviro Infra Engineers Limited Secures Major 930 MWh Battery Storage Order from NTPC Limited
Enviro Infra Engineers Limited has made a strategic entry into the battery energy storage systems market by securing a substantial 930 MWh order from NTPC Limited, India’s state-owned power generation company. The projects valued at approximately INR 10.7 billion will be executed across multiple Indian states over 15-24 months, marking significant expansion into renewable energy…
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AMAZON AUSTRALIA ANNOUNCES NINE RENEWABLE PPAS WITH BATTERY STORAGE FOR DATA CENTRE EXPANSION
Tech giant Amazon has announced nine new renewable energy power purchase agreements in Australia totalling 430 megawatts of generation capacity, with eight projects including co-located battery energy storage systems. This marks the company’s largest single-year investment in Australia and represents the first solar-plus-storage PPAs Amazon has signed in the country and the first outside the…
