The Zhejiang Provincial Development and Reform Commission has released the first batch of major construction projects under the 2026 "1,000 Projects, 10 Trillion Yuan" Investment Plan. Within this prestigious provincial list, the energy storage sector is a major highlight, with 29 related projects selected. The scope of these projects spans the entire industrial chain—ranging from utility-scale energy storage stations to battery cell manufacturing, raw material production, and system integration. This strategic focus underscores Zhejiang's commitment to establishing a comprehensive and competitive energy storage ecosystem.

It was learned from State Grid Xinjiang Electric Power Co., Ltd. that as of March 18, 2026, Xinjiang's cumulative outbound transmission of new energy electricity reached 304.36 billion kWh, surpassing the 300 billion kWh mark and accounting for about 30% of its total outbound electricity transmission. Xinjiang was an important power-sending region for the country's west-to-east power transmission and green electricity exports. By the end of 2025, Xinjiang had completed the construction of six 10-million-kW-level new energy bases, with installed new energy capacity reaching 169 million kW, accounting for 64% of Xinjiang's total installed capacity.

The listing-based trading on the Anhuida platform under the SMM Trading Center has remained active. The platform’s listing hall brings together high-quality supply sources across diverse non-ferrous metal categories, with top-tier enterprises launching bulk lots one after another. Through the efficient integration of self-listing and intelligent matching models with the supply and demand of upstream and downstream players in the industry chain, it has become an important matchmaking channel for spot trading in non-ferrous metals. To date, the platform has attracted a cumulative total of 10,171 registered enterprises, with cumulative transaction value reaching 1.98328 billion yuan and cumulative trading volume totaling 49.5719 million mt. Its trading scale and industry influence have steadily increased. As a concentration- and transparency-driven spot trading segment for non-ferrous metals, the Anhuida platform’s listing hall covers common non-ferrous metals such as copper, aluminum, zinc, and nickel, as well as new energy and minor metal categories including tin ingot and battery-grade nickel sulphate. It supports enterprises in independently publishing buy and sell intentions and offers multiple trading methods such as direct connection and intelligent matching, enabling buyers and sellers to quickly present their needs and identify counterparties, thereby significantly improving the efficiency of spot trading. Recently, the platform has featured a rich variety of popular listed categories with ample supply. It includes listings of scarce categories such as imported Indonesian tin ingot, while core new energy raw materials such as battery-grade nickel sulphate have also been launched in batches. Top industry enterprises including MCC Ramu New Energy Technology Co., Ltd. and Wanhua Chemical (Yantai) Battery Industry Co., Ltd. have all published multiple batches of battery-grade nickel sulphate sales listings on the platform, with single-batch listing Volume ranging from 66 mt to 99 mt. This has provided upstream and downstream enterprises in the new energy industry chain with stable and high-quality supply channels, effectively ensuring the smooth and efficient operation of the industry chain and supply chain. With its concentrated and transparent trading environment and flexible, diversified trading methods, the Anhuida platform’s listing hall has continued to build an efficient bridge for supply and demand matching in the non-ferrous metals industry, helping enterprises reduce transaction communication costs and optimize resource allocation. In the future, the platform will continue to enrich listed categories and improve trading functions, further invigorating the spot trading market for non-ferrous metals. Trading Platform Link: Contact for Inquiries: 021-51666886 Inquiry Email: anhuida@smm.cn

CPCA: From March 1 to 15, Retail Sales in China’s New Energy Passenger Vehicle Market Reached 285,000 Units, Down 28% YoY

On March 9, Dr. Ali Alshehhi, General Manager of the China Office of Abu Dhabi National Oil Company (ADNOC), led a delegation to visit SinoHytec New Energy for a survey, where the two sides discussed hydrogen energy cooperation and pathways for energy transition. Accompanied by senior executives including Chairman Zhou Mingqiang and Qu Youyou, Vice President of the Outside China Business Division, the company introduced its recent progress in industrialisation and scaled development. The delegation toured SinoHytec New Energy’s four major centers for R&D, testing, exhibition, and sales, and learned about the company’s technological capabilities and commercial achievements across the entire hydrogen energy industry chain. Zhou Mingqiang also responded on site to concerns from the industry. ADNOC is a wholly state-owned energy giant of the UAE. Founded in 1971, it controls about 10% of the world’s oil reserves. Its business spans the entire oil and gas industry chain, and it is accelerating its deployment in blue hydrogen, green hydrogen, and CCUS to advance its low-carbon transition. In April 2025, ADNOC set up an office in Beijing, positioning China as a core market and focusing on expanding China-UAE cooperation in the hydrogen energy sector. During the discussion, Dr. Ali Alshehhi asked whether the company’s industrial deployment across multiple locations would disperse the supply chain and affect market expansion. Zhou Mingqiang responded that the nationwide layout was designed to build a coordinated industrial closed loop by leveraging local resource endowments, enabling precise alignment between localized production and market demand, effectively improving supply chain efficiency and supporting the large-scale deployment of hydrogen energy. The two sides held in-depth exchanges on topics including diversified energy development, the expansion of hydrogen energy application scenarios, industry chain coordination, and energy security. They also exchanged views on the global energy landscape, built consensus on cooperation, and laid a foundation for subsequent practical cooperation.

Recently, the CATL New Energy Battery Base Project (Jinchui Phase I) located in Badu Town, Jiaocheng District, Ningde City, Fujian Province, is scheduled to complete delivery by the end of April 2026. Jinchui Phase I involves a total investment of approximately 2 billion yuan, covering about 900 mu of land. It plans to construct approximately 370,000 square meters of new energy battery intelligent manufacturing standard factories and supporting auxiliary facilities. Upon completion, it will become an important production base for CATL in Jiaocheng District. CATL disclosed that its production capacity reached 772 GWh in 2025, with 321 GWh under construction.