Aug 25, 2025 03:09 PM (GMT+8) · EqualOcean
On August 22, Chinese energy storage company HiTHIUM Energy Storage (海辰储能) marked its 100 GWh shipment milestone at its Chongqing Tongliang base. Since late 2021, cumulative deliveries have surpassed 100 GWh, lifting its global ranking to No. 2 in the first half of 2025. In 2024, HiTHIUM shipped 28.3 GWh, generated CNY 12.917 billion (USD 1.77 billion) in revenue, and turned profitable for the first time. The company is also advancing in long-duration storage, mass-producing the world’s first 1175Ah battery and winning a 1,000 MW / 4,000 MWh project in Saudi Arabia, with overseas revenue now accounting for 28.6%.

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