Deals Counterparts

Ming Yang Smart Energy and China Spain sign battery energy storage supply agreement

Supply Agreement Storage announced Spain Apr 14, 2026

Ming Yang Smart Energy and China Spain formalized a supply agreement for battery energy storage systems (BESS) during a high-level meeting between Spanish Prime Minister Pedro Sanchez and Chinese President Xi Jinping in Beijing on April 14, 2026. The deal underscores Spain's strategic pivot to Chinese clean-tech suppliers to accelerate its renewable energy integration and grid stability efforts. Ming Yang Smart Energy, a Chinese renewable energy equipment manufacturer, will provide advanced battery storage solutions tailored for Spain's expanding renewable energy portfolio. The agreement aligns with Spain's 2030 decarbonization targets, which include 74% renewable electricity generation. No financial terms or specific project capacities were disclosed in the announcement.

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Timeline

Announced
Apr 14, 2026
Signed
Closed

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