E-Power Inc. reports developments in AI data center microgrid solutions and advanced battery materials. Company news centers on graphite anode materials for lithium-ion batteries, hard carbon for sodium-ion battery applications, silicon-carbon composite materials, and the Guizhou-based operations of Sunrise New Energy.
Recurring updates also cover patents, government-supported carbon-based anode research, customer and strategic agreements for energy infrastructure, high-speed optical modules for AI data centers, and expansion of supply-chain and microgrid capabilities across battery and energy-storage markets.
E-Power (EPOW) agreed to sell shares and pre-funded warrants in a registered direct offering expected to raise approximately $1.87 million.
The agreement with a non-U.S. investor covers 229,097 Class A ordinary shares at $3.60 per share and pre-funded warrants to purchase up to 292,393 shares at $3.59 per warrant. The warrants are exercisable immediately upon issuance at $0.01 per share and expire when exercised in full. Expected gross proceeds are before placement-agent fees and other estimated offering expenses. E-Power intends to use net proceeds for working capital and general corporate purposes. Closing is expected on or about September 30, 2026, subject to customary closing conditions.
E-Power (EPOW) reported completion of the first technical services phase under its RMB 343,473,000 (approximately US$51.2 million) turnkey anode contract with Shandong Fusion New Material and confirmed receipt in full of RMB 61,825,140 (approximately US$9.2 million) on this phase.
The work, executed by subsidiary Shandong Sunrise’s engineering team, covered full process and equipment design and technical consulting for an artificial graphite anode production line with 20,000 tons per year designed capacity and a silicon-carbon anode line with 1,000 tons per year designed capacity. These services total about 18% of the contract value and are fully paid.
Remaining obligations under the contract include equipment manufacture and phased delivery, installation and commissioning, training, testing, environmental auxiliary equipment, spare parts, technical documentation and a 12‑month warranty, leading to trial production and final acceptance at the customer’s Laiwu District project in Jinan, Shandong Province, China.
E-Power (EPOW) has been authorized by the Azusa, California City Council to negotiate an Exclusive Negotiating Agreement (ENA) for a proposed Azusa Mega Charging Station for heavy-duty zero-emission vehicles.
The potential Project contemplates up to US$26 million of investment by E-Power for development, construction, ownership and long-term operation, subject to due diligence and definitive agreements. Key design features include approximately 11.52 MW of charger capacity supplied by a dedicated 6 MW, 12 kV utility interconnection, and an approximately 20 MWh LFP battery energy storage system in four 5 MWh blocks with bi-directional power conversion for peak shaving and grid resiliency. The proposed ENA would provide a 180-day negotiating and due diligence period, with target commercial operations in 2028. The City’s notice follows E-Power’s non-binding Letter of Interest and does not create any binding commitment or assurance that the Project or investment will proceed.
E-Power (NASDAQ:EPOW) announced that its indirectly wholly-owned subsidiary Shandong Sunrise Technology has been awarded and entered into a turnkey equipment and technology services contract worth RMB 343,473,000 (approximately US$51.1 million) with Shandong Fusion New Material. The contract, awarded via a competitive procurement process and executed on June 25, 2026, covers full design, supply, installation, commissioning, training and documentation for two anode production lines at the Customer’s advanced electronic materials project in Laiwu District, Jinan, Shandong Province, China.
The scope includes a fully automated artificial graphite anode line with 20,000 tons/year designed capacity and a silicon-carbon anode line with 1,000 tons/year designed capacity using CVD silicon-carbon deposition and high-temperature graphite carbonization. According to E-Power, this is its largest technology and equipment award to date and marks a shift from pure materials production toward a technology-and-services revenue model based on its long-standing process know-how in graphite and silicon-carbon anodes.
E-Power (NASDAQ: EPOW) announced that its joint venture, Sunrise (Guizhou) New Energy Materials, has passed provincial review and been placed on Guizhou’s public recommendation list for the eighth batch of national-level “Little Giant” SMEs in China, as one of only 28 enterprises in the province.
According to E-Power, Sunrise Guizhou has filed 187 IP applications, including 46 granted patents, and holds 17 registered data IP rights. It participates in 45 effective industry standards, helped draft a national standard for porous carbon for silicon-based anodes, and has received multiple national and provincial recognitions. A provincial R&D program on graphite anode materials was also accepted after meeting required technical indicators and enabling construction of an artificial graphite production line. Final “Little Giant” designation remains subject to MIIT review.
E-Power (NASDAQ: EPOW) closed a private placement of 15,841,585 Class A ordinary shares to a single non-U.S. investor at US$1.01 per share, raising approximately US$16.0 million in gross proceeds. The subscription agreement was signed on June 16, 2026 and the transaction closed on June 29, 2026, following board approval.
According to the company, proceeds will be used for working capital, investments and other general corporate purposes, supporting its AI data center microgrid project pipeline in North America and advanced battery materials programs. The shares were issued under Regulation S and are not registered under the Securities Act.
E-Power (NASDAQ:EPOW) received a RMB 3,000,000 (about USD 411,000) grant from the Guizhou Provincial Big Data Development Administration. The funding supports an AIoT, big data and blockchain-driven smart manufacturing data platform for the lithium battery anode industry.
The project aims to eliminate data silos, enhance traceability, and link E-Power’s 50,000-ton graphite anode capacity with its AI data center microgrid ecosystem.
E-Power (NASDAQ:EPOW) announced that its next-generation energy storage anode R&D project passed expert evaluation by Guizhou’s Department of Science and Technology and was selected for the 2026 first batch of the provincial “Three-Scale-Up Enterprises” program, securing a dedicated grant of RMB 1,555,600 (about USD 213,000).
The funding will support development and scaling of carbon-based and composite anode materials for large-scale energy storage systems and complements E-Power’s existing 50,000-ton graphite anode manufacturing capacity and AI data center microgrid business.
E-Power (NASDAQ:EPOW) received a Nasdaq notice on May 20, 2026 for not meeting the $1.00 minimum bid price requirement after 30 consecutive business days below that level. The company has until November 16, 2026 to regain compliance and is considering options including a possible reverse share split. Business operations are unchanged.
E-Power (NASDAQ: EPOW) announced a granted patent dated May 8, 2026 for "A Phosphorus-Silver-Silicon Co-Doped Hard Carbon Composite" (Patent No: CN2023105784527). The patent covers a P-Ag-Si/HC material aimed at improving sodium-ion battery anodes by combining silicon, silver and phosphorus doping to boost capacity, conductivity and interface stability.
The company positions this IP as a step toward industrializing hard carbon composites for sodium-ion batteries, emphasizing low-cost operation, high charge rates and improved low-temperature performance.