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