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Deye Energy Storage Secures Cixi Phase II Land with 100M Yuan Investment for ...
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Fusion42 · 26 October 2026 · Fusion42 review
Deye Energy Storage has secured land for its Cixi Phase II production line with a 100 million yuan investment, aiming to build a 16 GWh annual capacity commercial and industrial energy storage production line in two phases by 2026. The company forecasts a near 80% profit increase in 2026 and focuses on expanding both domestic and international capacity, particularly in Europe and emerging markets.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
Your opportunity to scale energy storage in China just grew with Deye doubling down on local capacity and clinching major land rights. If you supply components or tech in commercial and industrial storage, prepare for new demand and tighter competition.
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1 source · 26 Oct 2026
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