From February 17 to 19, 2025, the 10th Energy Storage Summit took place in London, UK, bringing together key players in the energy storage sector. EVE Energy was invited to attend the summit and presented a speech on the theme of "Can Large-Scale Batteries Simplify the Growing Management of Power Station Projects." The company shared its cutting-edge solutions and fresh perspectives on the rapidly evolving European energy storage market.
The European energy storage market is set for significant growth in the coming decades. According to leading consulting firms such as IHS and EASE, energy storage demand in Europe is expected to reach 300GW by 2030 and exceed 600GW by 2050. To meet this rising demand, large-scale energy storage systems are essential. The individual unit capacity of energy storage solutions is shifting from MWh to GWh, with the first power station project exceeding 1GWh slated for launch in 2024.
Despite this growth, challenges related to economic viability, operational complexity, and safety concerns are emerging. These challenges create obstacles for the development of advanced storage technologies and the design of power station systems, requiring innovative solutions to ensure efficient and reliable operations.
EVE Energy is at the forefront of addressing these challenges through its breakthrough technologies. The company pioneered the development of large-scale battery systems, starting with the introduction of the 628Ah ultra-high capacity cell, Mr.Big. This innovative cell design simplifies energy storage systems by reducing the number of data collection points in power stations by up to 50%, leading to a more streamlined operation. As a result, the lifecycle operation and maintenance costs of energy storage stations can be reduced by 30%, and operational hours can be cut from 336 to 232 per year.
In addition, EVE Energy’s 5MWh energy storage system, Mr.Giant, integrates the Mr.Big cells with a minimalist design, achieving a remarkable energy efficiency of 95.5%. This system offers substantial benefits to clients seeking high-efficiency solutions. A demonstration station in Jingmen, Hubei, has been operational since August 2024, collecting nearly six months of real-world performance data, which highlights the system's effectiveness in terms of efficiency and cost savings.
EVE Energy’s commitment to innovation is reflected in its ability to achieve mass production of 600Ah+ energy storage cells, a feat made possible by the company’s state-of-the-art 60GWh super energy storage factory. This facility enables EVE Energy to deliver high-quality products to global customers with exceptional speed and precision, maintaining a product defect rate at the PPB (parts per billion) level.
The company’s global strategy emphasizes “global manufacturing, global cooperation, and global service,” ensuring close relationships with customers and rapid responses to market demands. EVE Energy’s factory construction in Hungary and Malaysia is progressing rapidly, with the Malaysian facility expected to begin mass production by the fourth quarter of 2025.
Looking ahead, EVE Energy is poised to continue its focus on technological advancements. The company aims to provide high-performance, reliable, and safe energy storage solutions as part of its global strategy. By collaborating with partners around the world, EVE Energy is committed to accelerating the global energy transition and fostering sustainable development in the energy sector.
With its innovative products and global manufacturing capabilities, EVE Energy is playing a key role in shaping the future of the energy storage industry, driving the transition to cleaner, more efficient energy solutions worldwide.