Power, Grid & Data Centers

Shanghai Electric and battery manufacturer CATL signed a strategic cooperation agreement covering energy storage, zero-carbon industrial parks, and compute-power coordination.

· ComputeLabs Research · from the October 31, 2026 edition

Shanghai Electric and Contemporary Amperex Technology Co., Limited (CATL) signed the agreement on the afternoon of October 30. The announced scope connects energy-equipment activities with new-energy technologies.

The agreement lists seven cooperation areas: zero-carbon industrial parks, new energy storage, green transportation, coordination between computing and electricity, supply-chain coordination, technological innovation, and international business. Its stated objectives include supporting development of a new power system and China’s carbon-peaking and carbon-neutrality goals.

This is a strategic cooperation agreement, not a disclosed order for a particular battery installation, power plant, or data center. No contract value, storage capacity, computing load, project location, or deployment schedule is provided.

Additional reporting

  • Shanghai Electric
  • CATL

All 19 stories from October 31, 2026