At the "High-Quality Development of New Energy Storage to Promote Global Energy Transition" forum during the 8th Hongqiao International Economic Forum in Shanghai, global energy leaders convened to explore pathways for advancing energy storage. Steven Chen, SVP of EVE Energy and CEO of EVE Energy Storage, delivered a keynote, sharing insights on global energy storage markets and underscoring the company’s role in leading the transition.

Chen highlighted significant opportunities in the global energy storage sector, citing BNEF and IEA projections of a 30%-40% compound annual growth rate in installed capacity through 2030. He noted regional variations in market maturity and demand, emphasizing tailored approaches to capture opportunities across diverse markets, from renewable integration in Europe and the U.S. to energy transformation in the Middle East and emerging economies.

EVE Energy leverages innovation to deliver competitive energy storage solutions, with advancements such as the 628Ah large LFP cell and over 140 GWh of batteries deployed globally. Chen stressed the economic advantages of modern storage systems and the importance of collaborative innovation across the lithium battery industry. The company is expanding its global footprint with localized production and services, working with partners to build a cleaner, safer energy future.