BEIJING (Jan 8): China's industry ministry said on Thursday it had urged battery manufacturers to optimise industry capacity and mitigate risks of overcapacity. Energy storage system integrators Beijing HyperStrong Technology, Zhuzhou CRRC Times Electric and Trina Solar — also a top solar manufacturer — also attended, according to the report. The industry ministry said it convened the meeting along with the state planner and energy and market regulators. Demand for energy storage batteries has surged as a result of the construction of data centres around the world. The industry has blindly built out manufacturing capacity, the ministry said, echoing criticism of the solar sector where ballooning capacity led to sinking prices and industry-wide losses.

Source: The Edge Markets January 08, 2026 10:38 UTC