Recently, a key progress has been made in the 178MWh energy storage power station in Newcastle, UK, constructed by Narada Power. All 48 containerized battery compartments and 24 PCS AC-DC conversion integrated compartments in the station have completed installation, construction and commissioning, officially entering the preparatory stage for phased commissioning.

As a core project of Narada Power's layout in the high-end energy storage market in Europe, it has become a typical practice of balancing "high efficiency + low cost" in overseas new energy storage scenarios.

The implementation of this project is not accidental, but a vivid epitome of the profound transformation of the global energy storage industry in 2025.

As the global energy transition enters a deep-water zone, the speed of technological iteration continues to accelerate. The industry development logic is comprehensively shifting from the past "scale expansion" to "value deepening", and the focus of competition has upgraded from a simple competition of production capacity to a comprehensive competition of technological maturity, scenario adaptability, cost control capability and global service network.

At this critical node of industrial restructuring, Narada Power, which has been deeply engaged in the energy storage field for more than 30 years, relying on its continuous accumulation in the industrialization of solid-state batteries and breakthroughs in high-voltage lithium battery technology, is taking the development path of "technology as the core and value as the guide" to become a benchmark sample during the industry transformation period, providing a Chinese solution for the high-quality development of the global energy storage industry.

Commercial Breakthrough of Solid-State Batteries

The deepening of global energy transition and the acceleration of technological iteration are driving the competition logic of the energy storage industry to undergo a profound transformation from scale competition to value competition.

The global energy storage market in 2025 presents a distinct polarization: the low-end and mid-end markets are trapped in a price war, and the fluctuation of raw material prices intensifies corporate profit pressure; while the demand for high-end energy storage products with high power, long cycle life and high safety continues to rise. Tracks such as data centers and overseas large-scale energy storage maintain a gross profit margin of more than 25%, becoming the core arena for leading enterprises.

Policy structural adjustments have further strengthened this trend. After the cancellation of the mandatory energy storage allocation policy for new energy in China, the profitability of energy storage projects has shifted to market-based returns such as peak-valley price difference arbitrage and auxiliary service income, making high-efficiency and high-reliability products more competitive.

Industry data confirms the transformation effectiveness. In the first half of 2025, the proportion of high-voltage systems above 1500V in domestic energy storage tenders jumped from 38% to 62%, the winning rate of long cycle life products increased by 40%, and the growth rate of overseas data center energy storage orders reached 187%, forcing enterprises to transform into comprehensive solution providers of "technology + service + scenarios".

In this technology-driven competition, the commercial implementation of solid-state batteries has become a key yardstick for corporate core competitiveness. Narada Power's continuous breakthroughs have filled the domestic gap in gigawatt-hour level solid-state battery applications. Its independently developed 314Ah semi-solid energy storage battery has achieved triple optimization of energy density, safety and cycle life through innovations in oxide solid-liquid hybrid electrolyte and high-melting-point polymer separator, and has entered the mass production stage.

More importantly, the company has won the world's largest 2.8GWh semi-solid battery energy storage project, providing practical verification data for the industry in large-scale energy storage scenarios.

In addition, Narada Power has built a diversified technology matrix to form a synergistic effect: high-voltage lithium battery systems are adapted to the needs of AI data centers and industrial emergency backup power, forming a pattern of "leading in solid-state batteries and tackling key problems in AIDC high-voltage lithium batteries".

Dual Empowerment of Orders and Layout

While implementing technologies, Narada Power has accurately grasped market trends and built a stable growth engine by focusing on high-margin tracks and deepening global layout.

Nearly 30% of Narada Power's orders are overseas orders, mainly distributed in high-value markets with strong policy support and high electricity price levels such as Australia, Europe and the UK. The average gross profit margin of these orders is relatively high, becoming the core support for profit growth.

Relying on customized solutions and long-term technological accumulation, Narada Power has entered the supply chain systems of leading Internet enterprises and financial institutions, and has achieved remarkable results in the in-depth development of the data center energy storage track.

In the second quarter of 2025, it won major orders such as the overseas lithium battery project of GDS and the US data center project, with 2.5GWh of outstanding orders for high-voltage lithium battery data centers.

With the explosive growth of global AI computing power demand, the average power density of data centers continues to increase, and the demand for highly reliable energy storage systems will further expand. This track is expected to become the core growth pole in the next three years.

Global service capability has become a key support for market expansion. Facing the technical standards, trade rules and service needs of different regions, Narada Power has built a global localized service network to provide full life cycle services from scheme design, installation and commissioning to operation and maintenance support.

In emerging markets such as India and Eastern Europe, it has quickly seized market share by adapting to local power grid characteristics and new energy development plans; in mature markets such as Europe and the United States, it strictly follows international standards such as NFPA855 and IEC62933, breaking through trade barriers with technical compliance and service professionalism, forming a global layout pattern of "expanding volume in emerging markets and improving quality in mature markets".

Finally, capacity layout and business structure optimization form a collaborative guarantee. Narada Power currently has 10GWh of lithium battery cell and new power energy storage integration capacity respectively. The 4GWh lithium battery cell phase II project in Huatuo and the 10GWh integration production line in Yangzhou are under orderly construction. The future capacity release will accurately match the delivery demand of high-value orders.

At the same time, by focusing on the main businesses of energy storage and lithium batteries, the company has concentrated resources on high-margin businesses, promoted the transformation from "scale-oriented" to "value-oriented", and continuously optimized the customer structure and product structure.

The Long-termism Answer of Technology Industrialization Enterprises

The development practice of Narada Power provides important enlightenment for enterprise development during the transformation period of the energy storage industry. At the critical stage of the industry's transformation from "scale competition" to "quality competition", the industrialization capability of core technologies has become the core barrier to ride out the cycle.

Different from pure laboratory technology research and development, the company closely integrates technological innovation with market demand, and ensures the rapid transformation of technology into commercial products through the closed-loop model of "research and development - pilot test - mass production - scenario verification". This "technology industrialization" capability is the most scarce competitiveness of current energy storage enterprises.

The focus on high-value markets and global layout provide an effective buffer for enterprises to resist industry fluctuations. Against the background of intensified competition in the domestic market, Narada Power has avoided low-end price wars and achieved a steady improvement in profitability by entering overseas high-margin markets and emerging tracks such as data centers.

With the implementation of the Special Action Plan for the Large-scale Construction of New Energy Storage (2025-2027), the domestic energy storage market will continue to expand, and the deepening of global energy transition will further open up space for overseas markets. The competition among energy storage enterprises will be more reflected in the competition of technology industrialization speed, scenario adaptation capability and global service level.