Weekly Energy News | Two Mandatory National Standards for Photovoltaic Modules Released; Chenfeng Technology Plans to Build an Energy Storage Project with 1.32B Yuan

This week (May 25–May 29), two mandatory national standards for photovoltaic modules were officially released. Chenfeng Technology announced that it plans to invest RMB 1.315 billion to build two photovoltaic and energy storage power station projects.

I. Policy Highlights

National Energy Administration: As of the end of April, the national cumulative power generation installed capacity reached 3.99 billion kilowatts, up 14.2% year on year

The National Energy Administration released national electricity statistics for January–April. As of the end of April, the national cumulative power generation installed capacity was 3.99 billion kilowatts, up 14.2% year on year. Among them, the installed capacity for solar power generation was 1.25 billion kilowatts, up 26.2% year on year; the installed capacity for wind power was 660 million kilowatts, up 22.0% year on year. From January to April, the cumulative average utilization hours of power generation equipment nationwide were 925 hours, down 84 hours compared with the same period last year.

Two mandatory national standards for photovoltaic modules officially released

Recently, two mandatory national standards formulated by the Ministry of Industry and Information Technology—Safety Requirements for Photovoltaic Modules and Labeling Requirements for Photovoltaic Module Nameplates (hereinafter referred to as the “two mandatory standards”)—were officially released and will come into effect starting June 1, 2027.

Safety Requirements for Photovoltaic Modules sets out requirements for electrical safety, mechanical safety, fire safety, and restrictions on hazardous substances for photovoltaic modules, and describes the corresponding test methods. In particular, regarding fire protection, the standard not only clarifies the fire rating and combustion performance of photovoltaic modules, but also sets mandatory indicators for the flame retardancy of component materials.

Labeling Requirements for Photovoltaic Module Nameplates clarifies measurement methods, stipulates traceability requirements for the specified quantities, and ensures that measurement results are traceable by defining the maximum allowable tolerances and verification determination values for electrical performance parameter values on the module nameplates.

II. Corporate Updates

Chenfeng Technology: Plans to invest RMB 1.315 billion in energy storage power station projects

On May 26, Chenfeng Technology announced that the company plans to invest to build the North Net New Energy Kailu County 800MWh grid-side independent new-type energy storage power station demonstration project, with a total investment of RMB 660 million; and the Tongliao City Kezuo County Central Banner 200MW/800MWh energy storage power station demonstration project, with a total investment of RMB 655 million. The total investment for the above proposed projects is RMB 1.315 billion, and the company will inject funds in batches depending on the progress of the projects.

Tinci Materials plans to build an annual 160,000-ton high-pressure compact lithium iron phosphate project

On May 26, Tinci Materials announced that the company plans to build an annual 160,000-ton high-pressure compact lithium iron phosphate project in Taizhou, Zhejiang, through Taizhou Tinci. The total investment is expected not to exceed RMB 2.1 billion. To accelerate project implementation, the company agreed to authorize the management to specifically carry out preparatory work for the annual 160,000-ton high-pressure compact lithium iron phosphate project, including organizing and conducting preliminary feasibility studies for the project, scientifically planning the project implementation scope and schedule, carrying out project filing, environmental impact assessment (EIA), and a series of other preparatory works for project construction.

Guofu Hydrogen: Signs an overseas comprehensive energy solutions agreement

On May 27, Guofu Hydrogen announced on the Hong Kong Stock Exchange. On May 26, the company entered into a comprehensive energy solutions agreement with Thailand’s Charoen Energy and Water Asia Co., Ltd. (abbreviated as “CEWA”) and the company’s associate company Hydro Data Limited (“Hydro Data”). Pursuant to the agreement, all parties agreed to cooperate to develop the Thailand and Southeast Asia markets, mainly involving the application of integrated hydrogen power generation systems in data centers and related electricity procurement. Under the agreement, CEWA shall develop and identify potential data center projects in Thailand and Southeast Asia; Hydro Data shall provide customized technical solutions for the identified projects; and Guofu Hydrogen shall provide the relevant power generation equipment for such projects. The parties to the agreement also agreed to cooperate on a pilot project located in Rayong, Thailand, with designed IT load capacity of 3MW for demonstration purposes, which will form part of a comprehensive energy system with total capacity of 100MW in a data center project invested by CEWA in Rayong, Thailand.

Beijing Kerui: Signs a cooperation agreement with globally renowned energy storage system provider T Company

On May 27, Beijing Kerui announced that, in accordance with the agreement, on May 26, 2026, the company signed a “Cooperation Agreement” and a “System Purchase and Sale Agreement” with T Company, a globally renowned energy storage system provider. Under the agreement, during the 2026 calendar year, Beijing Kerui commits to purchasing energy storage systems provided by T Company, with the purchased installed capacity being no less than 200MWh. During the 2027 and 2028 calendar years, Beijing Kerui commits to purchasing energy storage systems from T Company with a total installed capacity of no less than 200MWh for each year. This cooperation is intended to expand domestic and overseas energy storage markets, leverage both parties’ strengths in the energy storage field, and achieve resource integration and complementarity.

Huadian Liaoning: The green hydrogen market is still in the cultivation stage, and downstream demand and product prices are uncertain

On May 27, Huadian Liaoning released an announcement regarding abnormal fluctuations in stock trading. The company stated that its main business is thermal power generation, and there were no major changes in its day-to-day operations, and it is not involved in power-computing synergy projects. The 25MW wind power off-grid hydrogen production integration project of its controlled subsidiary, Liaoning Tieling Huadian Hydrogen Energy Technology Development Co., Ltd., is relatively small in scale. In the first quarter of 2026, hydrogen energy operating revenue was RMB 1.2648 million, which has no significant impact on the company’s financial data. The green hydrogen market is still in the cultivation stage, and downstream demand and product prices are uncertain.

Enjie Shares’ subsidiary plans to acquire 100% equity of Jiangsu Aisikai for RMB 400 million

Late on May 27, Enjie Shares (002812) disclosed an announcement stating that the company’s subsidiary Jiangsu Enjie New Materials Technology Co., Ltd. plans to acquire 100% of the equity interest in Aisikai Battery Materials Technology (Jiangsu) Co., Ltd. (hereinafter referred to as “Jiangsu Aisikai”) held by SKietechnology Co., Ltd., with a base purchase consideration of RMB 400 million.

The announcement shows that Jiangsu Aisikai’s main businesses include the research and development, manufacturing, sales, and technical services of lithium-ion battery separators and coated films. The target company adopts a wet-process film-forming technology. As of now, it has a total of 8 base film production lines, with a designed annual production capacity of approximately 940 million square meters, and is equipped with 10 coating production lines.

Aiswei files for listing on the Hong Kong Stock Exchange; CITIC Securities International and ICBC International serve as joint sponsors

On May 27, according to the website disclosure of the Hong Kong Stock Exchange, Ai Shi Wei Technology Co., Ltd. (hereinafter referred to as “Aiswei”) has officially submitted its listing application to the main board of the Hong Kong Stock Exchange, and CITIC Securities International and ICBC International are serving as joint sponsors.

According to information disclosed by the Hong Kong Stock Exchange, Ai Shi Wei Technology Co., Ltd. (hereinafter referred to as “Aiswei”) submitted its listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities International and ICBC International as joint sponsors. According to the prospectus, the company is a leading global provider of smart energy solutions. According to industry materials issued by Frost & Sullivan, the company’s self-developed smart energy management system AI Mode is the world’s first of its kind among similar products, with industry breakthrough significance.