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Nov 13,2025
On November 5, the parallel forum "High-Quality Development of New Energy Storage to Promote Global Energy Transition" at the 8th Hongqiao International Economic Forum was successfully held at the National Exhibition and Convention Center in Shanghai. Jointly hosted by the National Energy Administration and the Ministry of Commerce, the forum brought together global energy leaders to discuss pathways for advancing new energy storage. Steven Chen, SVP of EVE Energy and CEO of EVE Energy Storage, was invited to deliver a keynote speech, sharing profound insights into global energy storage markets and demonstrating the company's leadership in driving the global energy transition.
Identifying Global Opportunities, Pioneering New Development Patterns
In his address, Steven Chen highlighted unprecedented opportunities in the global energy storage market. According to BNEF and IEA projections, the global installed capacity of new energy storage is expected to maintain a compound annual growth rate of 30%-40% through 2030, reflecting robust momentum. He emphasized significant regional variations in market development stages and demand structures, noting that "Energy storage development across global markets varies in maturity, and the value proposition differs from one region to another." This precise assessment provides crucial guidance for capturing global market opportunities.
From efficient renewable energy integration in European and American markets, to energy structure transformation in the Middle East, and energy accessibility needs in emerging markets, EVE Energy leverages its deep understanding of global markets to help the industry seize opportunities within these differentiated development patterns.
Innovation-Driven Value Creation, Building New Industry Advantages
Addressing the urgent needs of global energy transition, Steven Chen emphasized that new energy storage solutions have demonstrated significant economic advantages. Compared to traditional energy solutions, modern energy storage systems offer superior lifecycle cost-effectiveness, providing a more competitive technological pathway for global energy transition.
EVE Energy consistently drives industry value creation through technological innovation. By deeply engaging in system-level project delivery, the company continuously enhances product reliability and economic efficiency. To date, EVE Energy has delivered over 140 GWh of energy storage batteries, successfully implemented gigawatt-level projects across global markets, mass-produced advanced large-scale energy storage batteries including the 628Ah large LFP cell, and validated performance through large-scale demonstration stations. These efforts contribute high-quality solutions toward building a clean, safe, and resilient global energy system.
Deepening Global Collaboration, Building a New Clean Energy Future
"The development of the lithium battery industry will inevitably progress through collaborative innovation across the entire industrial chain," Steven Chen emphasized while outlining the global strategy. EVE Energy is accelerating its worldwide industrial layout by establishing localized manufacturing, delivery, and service systems to better understand and precisely meet the diverse needs of different regional markets.
During this critical period of global energy transition, EVE Energy will uphold the philosophy of open cooperation and shared success, working with global partners to advance technological innovation and industrial upgrading in new energy storage. The company will continue to leverage its innovative leadership, contributing Chinese wisdom and solutions to build a cleaner, safer, and more efficient global energy system, collectively writing a new chapter in global sustainable energy development.
