Since the United States and Israel launched a military strike on Iran, the market value of Chinese head battery manufacturers has increased by more than $70 billion, highlighting investors' expectations that the clean energy sector will usher in a long-term positive. Since the outbreak of the conflict, companies such as Ningde Times, BYD and Sungrow, which produce batteries and energy storage equipment, have outperformed global oil giants such as Chevron, ExxonMobil and BP. The surge in the clean energy sector suggests that other oil importers, including China, may respond to the war by increasing investment in renewable energy, thereby improving their own energy security. Neil Beaveridge (Neil Beveridge), head of energy research at Bernstein (Bernstein), expects China, the world's largest oil importer, to further increase its "full electrification" plan. Other large Asian economies, such as Japan, South Korea and Taiwan, may also seek to develop clean energy and fuels.

Financial Times 23 March 2026 View details

The Spanish Energy City Foundation (Ciuden, a government energy research agency) completed the 1 MW/8 MHz all-vanadium redox flow battery system (VRFB) at its Cubillos del Sil (Cuvilos del Sil) technical center. Operational testing. The agency said it was the largest all-vanadium redox flow battery project in Europe dedicated to applied research.