As learned from EnergyTrend, the energy storage industry has seen a flurry of good news regarding order wins since the start of the year. CATL secured a major 10GWh energy storage order in Europe, stepping up its overseas expansion, while Far East Co., Ltd. also delivered an outstanding performance: the cumulative value of its energy storage orders each worth over 10 million yuan has exceeded RMB 3.2 billion since 2025, with its January orders surging double year-on-year.
10GWh: CATL Secures a Major Energy Storage Order in Europe
On January 30, Schroders, a UK asset management firm, announced that its business unit Greencoat had signed a Strategic Memorandum of Understanding (MOU) with CATL and Lochpine Capital. The three parties will join hands to develop and invest in battery energy storage projects in Europe.
Leveraging the professional expertise of each party, the tripartite cooperation will commit to the gradual development and construction of renewable energy storage projects in Europe, with a total capacity of up to 10GWh. In accordance with the MOU, the three parties will jointly build a European investment platform for battery energy storage systems, where CATL will serve as the battery supplier under this cooperation framework.
Far East Co., Ltd.: Over RMB 3.2 Billion in Energy Storage Orders Worth Over 10 Million Yuan Since 2025
On February 2, Far East Co., Ltd. released an announcement on winning bids and signing contracts in January. In January 2026, the company received contract orders each worth over 10 million yuan from its subsidiaries with a total value of RMB 3.075 billion, representing a year-on-year growth of 115.57% and a month-on-month growth of 0.21%.
The breakdown is as follows:
In January, the company also won a contract worth over 10 million yuan for detection equipment related to iterative computing power chips from a leading US AI enterprise, with its business volume and scope continuing to expand.
According to data compiled by EnergyTrend, the total value of energy storage orders each worth over 10 million yuan disclosed by Far East Co., Ltd. has reached approximately RMB 3.294 billion since 2025.
Source：EnergyTrend