
Desay Battery Unveils Innovative Energy Storage Solutions at SNEC PV+ Expo, Announces Strategic Partnership with Turkish Energy Leader Demir Enerji
HUIZHOU, China , June 12, 2025 /CNW/ -- Desay Battery, a global leader in energy storage innovations, achieved a key milestone at the 2025 SNEC PV+ Expo, by announcing a strategic partnership with Demir Enerji, Turkey's leading energy company. Both parties are committed to collaborating on several energy storage projects in Ukraine , including the MHP Chicken Block Solar + ESS 2.5MW/5MWh project, MHP Project #1 with a capacity of 2MW/5MWh and Project #2 with 20MW/40MWh, as well as the VOLTAGEG project with 10MW/40MWh.
"Through our partnership with Demir Enerji, we are excited to bring our most advanced energy storage technologies to Turkey's dynamic energy market," said Vice-President Jack Guo of Desay Battery. "This collaboration is a significant step in our global expansion strategy and highlights our dedication to advancing the transition to clean energy globally."
At the exhibition, Desay Battery showcased cutting-edge battery cell technology, featuring a diverse range of products. This lineup included high-performance lithium-ion cells (DLP-100, DLP-280, DLP-314) as well as the innovative DSP-60 sodium-ion battery. In addition to cell technology, Desay Battery unveiled its modular energy storage systems, which consist of scalable lithium modules at 100Ah and 280Ah, along with 52S battery packs that allow for flexible integration. For commercial and industrial applications, the company introduced the Lumos energy storage cabinets with capacities of 215kWh and 344kWh. For residential use, offerings included the 10-25kWh LV Residential ESS and the 21kWh HV DCDC Residential ESS (280Ah), designed to provide efficient and space-saving solutions for homes. Furthermore, Desay Battery exhibited large-scale infrastructure solutions, including the Vita 5MWh Utility ESS liquid-cooled container storage system, which supports grid stability, as well as UPS battery cabinets designed for critical backup power.
The products showcased not only highlight Desay Battery's leadership in energy storage technology but also demonstrate the company's deep understanding of diverse application needs, along with its ability to deliver precise, tailored solutions.
"With over 20 years of specialized experience, Desay Battery has firmly positioned itself as a Tier 1 energy storage provider, recently earning a spot on BloombergNEF's Energy Storage Tier 1 List for Q2 2025. This recognition underscores the company's vertically integrated approach, which covers the entire spectrum from cell development to complete system integration. Supported by state-of-the-art manufacturing facilities and rigorous quality control processes, Desay Battery continues to set the standard in the energy storage industry. "
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
a day ago
- CTV News
Zelenskyy warns oil price surge could help Russia's war effort
KYIV, Ukraine — A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities in the war in Ukraine, Ukrainian President Volodymyr Zelenskyy said Friday in comments that were under embargo until Saturday afternoon. Speaking to journalists in Kyiv, Zelenskyy said the surge in oil prices threatens Ukraine's position on the battlefield, especially because Western allies have not enforced effective price caps on Russian oil exports. 'The strikes led to a sharp increase in the price of oil, which is negative for us,' Zelenskyy said. 'The Russians are getting stronger due to greater income from oil exports.' Global oil prices rose as much as seven per cent after Israel and Iran exchanged attacks over the past 48 hours, raising concerns that further escalation in the region could disrupt oil exports from the Middle East. Zelenskyy to address concerns with the U.S. Zelenskyy said he planned to raise the issue in an upcoming conversation with U.S. President Donald Trump. 'In the near future, I will be in contact with the American side, I think with the president, and we will raise this issue,' he said. Zelenskyy also expressed concern that U.S. military aid could be diverted away from Ukraine toward Israel during renewed tensions in the Middle East. 'We would like aid to Ukraine not to decrease because of this,' he said. 'Last time, this was a factor that slowed down aid to Ukraine.' Ukraine's military needs have been sidelined by the United States in favor of supporting Israel, Zelenskyy said, citing a shipment of 20,000 interceptor missiles, designed to counter Iran-made Shahed drones, that had been intended for Ukraine but were redirected to Israel. 'And for us it was a blow,' he said. 'When you face 300 to 400 drones a day, most are shot down or go off course, but some get through. We were counting on those missiles.' An air defense system, Barak-8, promised to Ukraine by Israeli President Benjamin Netanyahu was sent to the U.S. for repairs but never delivered to Ukraine, Zelenskyy said. The Ukrainian president conceded that momentum for the Coalition of the Willing, a group of 31 countries which have pledged to strengthen support for Ukraine against Russian aggression, has slowed because of U.S. ambivalence over providing a backstop. 'This situation has shown that Europe has not yet decided for itself that it will be with Ukraine completely if America is not there,' he said. Coalition of the Willing offer under consideration The offer of a foreign troop 'reassurance force' pledged by the Coalition of the Willing was still on the table 'but they need a backstop, as they say, from America,' Zelenskyy said. 'This means that suddenly, if something happens, America will be with them and with Ukraine.' The Ukrainian president also said the presence of foreign contingents in Ukraine would act as a security guarantee and allow Kyiv to make territorial compromises, which is the first time he has articulated a link between the reassurance force and concessions Kyiv is willing to make in negotiations with Russia. 'It is simply that their presence gives us the opportunity to compromise, when we can say that today our state does not have the strength to take our territories within the borders of 1991,' he said. But Europe and Ukraine are still waiting on strong signals from Trump. Without crushing U.S. sanctions against Russia, 'I will tell you frankly, it will be very difficult for us,' Zelenskyy said, adding that it would then fall on Europe to step up military aid to Ukraine. Body and prisoner returns follow Istanbul talks In other developments, Russia repatriated more bodies of fallen soldiers in line with an agreement reached during peace talks in Istanbul between Russian and Ukrainian delegations, Russian officials said Saturday, cited by Russian state media. The officials said Ukraine did not return any bodies to Russia on Saturday. Ukraine's Coordination Headquarters for the Treatment of Prisoners of War confirmed in a statement that Russia returned 1,200 bodies. The first round of the staggered exchanges took place Monday. The agreement to exchange prisoners of war and the bodies of fallen soldiers was the only tangible outcome of the talks in Istanbul on June 2. Russia says push continues Continuing a renewed battlefield push along eastern and northeastern parts of the more than 1,000-kilometer (over 600-mile) front line, the Russian Defense Ministry claimed Saturday that its troops captured another village in the Donetsk region, Zelenyi Kut. The Ukrainian military had no immediate comment on the Russian claim. Russia launched 58 drones and decoys at Ukraine overnight into Saturday, according to the Ukrainian air force, which said its air defenses destroyed 23 drones while another 20 were jammed. Russia's defense ministry said it shot down 66 Ukrainian drones overnight. Attacks have continued despite discussions of a potential ceasefire in the war. During the June 2 talks in Istanbul, Russian and Ukrainian negotiators traded memorandums containing sharply divergent conditions that both sides see as nonstarters, making a quick deal unlikely. Samya Kullab, The Associated Press


CTV News
2 days ago
- CTV News
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
WASHINGTON — U.S. President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But U.S. Steel and Nippon Steel said in a joint statement that the agreement stipulates that approximately US$11 billion in new investments will be made by 2028 and includes giving the U.S. government a 'golden share' — essentially veto power to ensure the country's national security interests are protected. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership,' the two companies said. 'This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. The companies offered few details on how the golden share would work and what investments would be made. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51 per cent ownership by Americans.' The Japan-based steelmaker had been offering nearly $15 billion to purchase the Pittsburgh-based U.S. Steel in a merger that had been delayed on national security concerns starting during Joe Biden's presidency. Trump opposed the purchase while campaigning for the White House, yet he expressed optimism in working out an arrangement once in office. 'We have a golden share, which I control,' said Trump, although it was unclear what he meant by suggesting that the federal government would determine what U.S. Steel does as a company. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' Still, Nippon Steel has never said it was backing off its bid to buy and control U.S. Steel as a wholly owned subsidiary. The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction. Trump reserves the authority to issue further actions regarding the investment as part of the order he signed on Friday. Associated Press writer Marc Levy in Harrisburg, Pa., contributed to this report Josh Boak, The Associated Press


Globe and Mail
2 days ago
- Globe and Mail
Why NuScale Power Stock Soared This Week
Shares of NuScale Power (NYSE: SMR) soared again this week, up 12.9% as of market close on Friday, June 13, according to data from S&P Global Market Intelligence. The nuclear energy start-up now has a market cap of $11 billion and zero revenue, with the stock up 364% in the last 12 months. Traders are getting optimistic on this group of stocks because of press releases and executive orders from the President of the United States. Here's why NuScale Power stock was soaring yet again this week. Riding high on nuclear sentiment Sentiment around nuclear power has taken a 180-degree turn. With rising demand for electricity because of data centers, artificial intelligence (AI), and electric vehicles, companies and utilities are searching for more clean fuels to provide electricity. Nuclear power is a great option for this. In order to spur demand, President Trump signed an executive order aimed at boosting nuclear energy capacity in the United States and reducing red tape for regulations. This helped boost NuScale Power stock, which is a pre-revenue company trying to develop and sell nuclear power plant designs that are small modular reactors. This week, Oklo -- another nuclear energy start-up -- put out a press release about a deal to potentially provide nuclear power at an Air Force base in Alaska, although curiously, this same press release was put out in 2023 with little change. The release was done ahead of a stock offering, and sent shares of Oklo and other nuclear energy peers soaring, including NuScale Power. Should you buy NuScale Power stock? Nothing much changed about NuScale Power's business this week. In fact, it does not have much of a business to begin with. The company is aiming to build a disruptive small modular nuclear energy design that has been approved by the Nuclear Regulatory Commission (NRC), but no projects are slated to come online until 2030 at the earliest. Existing contracts in Utah were delayed and eventually altogether cancelled because of cost overruns. This is not a good sign for the viability of NuScale Power's technology, and should have investors wary about investing in the stock. This is a company that does not generate revenue, trading at a market cap of $11 billion. It won't generate any revenue for years. Smart long-term investors will avoid adding NuScale Power stock to their portfolios. Should you invest $1,000 in NuScale Power right now? Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025