Recently, Great Power, REPT BATTERO, and Hyperstrong disclosed their financial results for the first half of 2026, with all three companies reporting growth in both revenue and profit.
Great Power
On August 27, Great Power (Guangzhou Great Power Energy & Technology Co., Ltd.) disclosed its semi-annual report for 2026. The company stated that, benefiting from the rapid expansion of its energy storage business scale and sustained strong demand in overseas markets, it achieved revenue of 10.978 billion yuan in the first half of 2026, a year-on-year increase of 155.27%. Net profit attributable to shareholders of the listed company reached 816 million yuan, representing a year-on-year surge of 1,025.39%.
Specifically, during the reporting period, the lithium-ion battery segment generated revenue of 10.295 billion yuan, up 163.97% year-on-year, with a gross margin of 17.71%, an increase of 7.61 percentage points year-on-year.
Currently, Great Power has established a presence across utility-scale energy storage, commercial & industrial (C&I) energy storage, and residential energy storage. During the reporting period, the export volume of utility-scale energy storage products grew steadily, and the company completed a 500 MWh energy storage project in partnership with Azerenerji (Azerbaijan State Electricity Company). Its C&I energy storage business maintained an industry-leading position, with products exported to premium overseas markets in Europe, the United States, and Southeast Asia. Notably, a 107.12 MW / 428.48 MWh user-side energy storage project built in cooperation with Sichuan Zhongfu was grid-connected and commissioned in January this year, currently demonstrating solid operational performance. In addition, its residential energy storage business maintained stable cooperation with leading global clients, further consolidating its market advantages.
As of the end of June, the company's annualized lithium-ion battery production capacity stood at 10.121 billion Ah, with 3.969 billion Ah of capacity under construction. H1 production reached 8.386 billion Ah, achieving a capacity utilization rate of 165.72%. Meanwhile, Great Power has established nine smart manufacturing bases in Guangzhou, Zhuhai, Henan, Changzhou, Liuzhou, Foshan, Quzhou, Qingdao, and Vietnam, while continuously advancing capacity expansions at its Quzhou, Henan, and Zhuhai bases.
REPT BATTERO
On August 26, REPT BATTERO Energy Co., Ltd. released its interim results announcement for 2026. In the first half of the year, the company achieved revenue of 14.916 billion yuan, up 57.2% year-on-year; gross profit was 1.980 billion yuan, up 138.8% year-on-year; and profit for the period was 778 million yuan, successfully turning a profit.
In terms of business structure, energy storage served as the main pillar of performance growth in H1. During the reporting period, REPT BATTERO's energy storage battery products generated revenue of 9.225 billion yuan, up 81.5% year-on-year and accounting for 61.9% of total revenue. Power battery products generated revenue of 5.225 billion yuan, a year-on-year increase of 29.8%, representing 35.0% of total revenue. During the same period, shipments of energy storage batteries reached 27.2 GWh, up 43.9% year-on-year, while power battery shipments reached 15.5 GWh, up 14.8% year-on-year.
Regarding its overseas footprint, REPT BATTERO has established subsidiaries in regions including the United States, Germany, and Southeast Asia, while advancing the establishment of subsidiaries in Australia, Japan, and the United Kingdom. Meanwhile, the company is constructing a battery manufacturing base in Indonesia, with Phase 1 planned for an annual capacity of 8 GWh of power and energy storage batteries, systems, and battery modules.
Hyperstrong
On August 27, Hyperstrong (Beijing Hyperstrong Technology Co., Ltd.) published its semi-annual report for 2026. In the first half of the year, the company achieved revenue of 6.297 billion yuan, up 39.23% year-on-year; net profit attributable to shareholders of the parent company was 632 million yuan, up 100.16% year-on-year; and non-GAAP net profit reached 627 million yuan, representing a year-on-year growth of 141.52%.
The company stated that its growth momentum stems primarily from three factors: first, the successful execution of its global strategy, which steadily expanded its overseas business map; second, the continuous expansion into high-value application scenarios, driving technological and commercial breakthroughs while enhancing product adaptability and deployment scale; and third, the smooth execution of its strategic transition from a standalone equipment supplier into an integrated comprehensive energy service provider across the full life cycle of energy storage, unlocking the value-creation advantages of a complete industrial chain and continually supporting steady operational growth.
During the reporting period, Hyperstrong advanced both domestic and international operations simultaneously. In the domestic market, the company has secured operations and maintenance (O&M) projects for several large-scale standalone energy storage power stations in locations such as Gansu and Inner Mongolia, steadily increasing its managed asset scale.
In overseas markets, Hyperstrong's business now covers more than 30 countries across five continents, expanding to nearly 20 countries in Europe alone. It has consistently secured GWh-level orders in key markets such as the United States, Germany, and Italy, signed a global strategic cooperation agreement with SMA Solar Technology AG, and established GWh-level framework partnerships with multiple international renewable energy infrastructure and solution companies. Additionally, the company plans to add production capacity in Southeast Asia to bolster its overseas supply capabilities.
At the same time, the company is accelerating its "Energy Storage + X" strategy, identifying computing and electric power synergy as a new business direction. It is driving project deployments across scenarios such as standalone storage and data center integration, source-grid-load-storage, green mining, zero-carbon industrial parks, and direct green power supply.
Furthermore, Hyperstrong plans to invest 2.0 billion yuan to build the Hyperstrong Smart Green Energy Storage Factory project. The planned facility is an integrated industrial base for the R&D, manufacturing, and testing of energy storage integration systems, with completion, acceptance, and commissioning expected in December 2028. As of the end of June 2026, the project remains in the planning and preparation phase.
Source：EnergyTrend
