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30 new energy enterprises are set to emerge in the energy storage sector

published: 2024-05-28 17:53

[1] Trina Solar: A photovoltaic enterprise with energy storage cell production capacity

Trina Solar, established a dedicated energy storage company in 2015, Trina Energy Storage is one of the few photovoltaic companies with battery cell production capacity, providing energy storage solutions including battery cells, 10,000-cycle liquid cooling systems, PCS, and intelligent management systems in the energy storage industry chain.

At present, Trina Solar has an annual production capacity of 2GWh lithium iron phosphate battery cell production line, an annual production capacity of 2GWh energy storage module production line and an annual production capacity of 2GWh energy storage container system integration line, and covers BMS/EMS/PCS and other energy storage supporting products. In 2022, Trina Energy Storage shipped more than 1.5 GWh in China and nearly 2 GWh in the world, and successfully delivered a single 800 MWh energy storage project in China. In 2023, Trina Energy will accelerate its expansion into overseas markets, and the first overseas 100-megawatt energy storage project will be successfully shipped in June, which will build an energy storage system with a capacity of 50MW/102MWh for the north of England.

[2] Canadian Solar: The energy storage business is expected to become the second growth curve

Canadian Solar entered the energy storage market in 2015 through the acquisition of Sharp's U.S. energy storage business subsidiary, and established the first energy storage power station in Canada in 2018, and after 2020, energy storage revenue grew rapidly and BYD became a shareholder, with revenue of 53 million yuan, 1.41 billion yuan, and 3.42 billion yuan from 2020 to 2022, accounting for 0.23%, 5.15%, and 7.32% of the revenue in the same period, respectively. With the high growth of the energy storage market, Canadian Solar's energy storage business is expected to become the second growth curve.

At present, Canadian Solar has shipped 3GWh of large-scale energy storage systems, and as of January 30, 2023, it has a pipeline of 47GWh of energy storage projects. At present, the energy storage manufacturing base is located in Jiangsu, with a manufacturing capacity of 2.5GWh of energy storage products, covering energy storage products such as battery modules, battery packs and battery containers. According to its plan, Canadian Solar will have an annual production capacity of 10GWh of energy storage systems by March 31, 2024.

[3] JinkoSolar: Invested 8.4 billion yuan to develop energy storage business

JinkoSolar began to enter energy storage in 2020, and signed cooperation agreements with CATL, Guoxuan Hi-Tech and Ganfeng Lithium in 2021 to accelerate the deepening of energy storage layout. In 2022, JinkoSolar established a number of energy storage business companies in Zhejiang, Jiangxi, Shandong, Shanghai and other places, and in April this year, Zhejiang Jinko Energy Storage Co., Ltd. with a registered capital of 1 billion yuan was established in Haining, Zhejiang, and the company's annual output of 12GWh energy storage system and energy storage battery project also held a groundbreaking ceremony in July this year, with a total investment of about 8.43 billion yuan, covering multiple links from battery cells to PACK assembly, or put into operation by the end of next year.

JinkoSolar's energy storage business has launched energy storage product solutions such as household energy storage, industrial and commercial energy storage, and large-scale power station energy storage on the source grid side, industrial and commercial side, and user side.

[4] GCL Group: The energy storage business has risen to the strategic position of the group

GCL's energy storage business can be traced back to 2016, when GCL acquired a 51% stake in OSW, an Australian wholesaler partner, to promote GCL's module sales, system integration and distributed energy storage product distribution channels in Australia. In 2017, it invested in the construction of the largest user-side lithium battery energy storage demonstration project in Jiangsu Province. After 2021, GCL has accelerated the layout of energy storage business, and in the 2023 operation plan formulated, GCL has set the energy storage business goal as the development of large-scale energy storage and household commercial energy storage business, and the energy storage business has become a new growth pole in performance, and the energy storage sector has become a strategic business that GCL Group will focus on building in the future.

In June this year, GCL Group signed a cooperation agreement with the Zhuhai Municipal Government to promote cooperation in the fields of energy storage cells, energy storage PACK batteries, and mobile energy. Among them, GCL Group will lay out a 40GWh energy storage cell project in Zhuhai. In July this year, the first phase of GCL Group's annual output of 360,000 tons of lithium iron phosphate energy storage materials project was put into operation, and the first phase produced 120,000 tons of lithium iron phosphate energy storage materials, and by 2024, the entire project 360,000 tons of lithium iron phosphate energy storage material production line will be fully operational.

[5] Risen Energy: Acquired Shuangyi to enter the energy storage business

Risen Energy established its energy storage division in 2018 and entered the energy storage business through the acquisition of Shuangyili, with products covering battery cells, modules, industrial and commercial and large-scale energy storage, with customers covering China, the United States, the United Kingdom, Germany, the Czech Republic, Canada, Australia, Thailand, Japan, the Philippines and many other countries.

In 2022, the cumulative global shipments of Shuangyili Energy Storage will exceed 1GWh, with a year-on-year growth rate of more than 500%. In January 2023, Shuangyili signed a three-year strategic cooperation agreement with Haichen Energy Storage on the supply of 15GWh lithium-ion iron phosphate batteries. In January of the same year, Risen Energy announced that it would invest in the construction of a 10GWh high-efficiency new energy storage system in Ninghai County, with a total investment of about 2 billion yuan.

[6] JA Solar: Energy storage has become one of the key strategic businesses to be built in the future

Since 2021, JA Solar has promoted the "One Body, Two Wings" strategy, and after the 2022 strategy upgrade, the Smart Energy Division in the "Two Wings" is responsible for integrating the research and development of BIPV modules, energy storage systems and other related products, focusing on three major businesses: centralized ground power stations, industrial and commercial distributed power stations, and residential photovoltaic energy storage power stations.

In 2022, it established a joint venture with Hypersitron, which will carry out in-depth cooperation in business areas such as residential energy storage systems, industrial and commercial distributed photovoltaic and energy storage project development, and overseas large-scale photovoltaic energy storage project construction and operation. At present, JA Solar has covered solutions such as residential energy storage systems, industrial and commercial energy storage systems, and source-grid-side energy storage systems.

[7] Kehua data: the shipment volume of household storage system ranks first in China

Kehua Data began to set foot in the field of new energy in 2007. In 2021, Kehua Data established a wholly-owned subsidiary, Kehua Digital Energy, which is responsible for new energy businesses such as photovoltaic and energy storage, with energy storage as the focus of development. According to CNESA data, in 2022, Kehua Data's shipments of user-side energy storage systems ranked first in the country.

By the end of 2022, Kehua Data has a cumulative installed capacity of more than 6.3GW/5.4GWh of global energy storage, covering power generation-side energy storage, thermal power frequency modulation, grid-side energy storage, user-side energy storage and microgrid energy storage, and the company has set up marketing and service teams in more than 30 countries including the United States, France, Poland, Australia, India, Vietnam, Indonesia, Saudi Arabia, and Brazil. In recent years, it has accelerated the layout of residential energy storage markets in Europe, the United States, Australia and other countries.

[8] Linyang Energy: Build no less than 5GWh energy storage projects in the next 3 years

In 2015, Linyang Energy began to actively deploy the energy storage business. After 2020, it will carry out in-depth cooperation in the field of energy storage with EVE and Huawei Digital Energy. The first of the three production lines of EVE Linyang's 10GWh energy storage battery project, a joint venture with EVE, was put into operation in November last year. It is planned to build no less than 5GWh of energy storage projects in the next three years, and plans to achieve about 1,500MWh of energy storage business scale in 2023.

Linyang Energy's energy storage business covers application scenarios such as supporting energy storage for new energy power generation, centralized shared energy storage, independent energy storage power station, user-side energy storage, user-side photovoltaic storage system, peak regulation and frequency modulation energy storage system, etc. It has a special lithium iron phosphate cell production line for energy storage, an automated PACK and DC side system production base, and an intelligent system integration production and testing line.

[9] Chint Group: Capital operation increased energy storage business

CHINT Group has been involved in the energy storage business as early as 2009, and its main business of CHINT Power, which was established in 2009, covers the R&D, production, sales and service of energy storage converters and system integration. In terms of energy storage business, CHINT Power has an inverter production capacity of 10GW by the end of 2022, and can also provide one-stop energy storage system solutions.

In November 2022, CHINT Electric invested 1.02 billion yuan to acquire a controlling stake in Tongrun Equipment, and integrated photovoltaic inverter and energy storage business assets into Tongrun Equipment. At the end of July this year, Tongrun Equipment issued an announcement that it planned to raise no more than 1.7 billion yuan for 18GW photovoltaic, energy storage inverter expansion projects and 5GWh energy storage system projects, etc., as a major shareholder, Chint Electric will subscribe for 29.99% of the issuance amount.

[10] Sungrow: the world's "seven consecutive championships"

In 2006, Yangguan Power established an energy storage joint venture with Samsung of South Korea to enter the field of energy storage converters, comprehensively laid out the energy storage system integration track in 2014, and ranked first in the global shipments of Chinese energy storage system integration enterprises for 7 consecutive years from 2016 to 2022. In recent years, the energy storage business has developed rapidly, and in 2022, Sungrow's energy storage business revenue accounted for more than a quarter of the total revenue, reaching 25.15%, and the energy storage business revenue in 2022 exceeded the 10 billion mark for the first time, reaching 10.126 billion yuan, compared with 382 million yuan in 2018, an increase of 25.44 times in 4 years.

Energy storage products cover PCS, batteries, EMS and other energy storage core equipment, as well as power energy storage system integration solutions, industrial and commercial energy storage system integration solutions, and household energy storage systems. At present, Sungrow energy storage systems are widely used in China, the United States, the United Kingdom, Germany, Canada, Australia, Japan, India and many other countries around the world, and participate in the "Belt and Road" and the Middle East, Africa and other countries to carry out relevant energy cooperation.

[11] Deye shares: with the advantage of energy storage inverter, it entered the energy storage battery

Deye Co., Ltd. accelerated the energy storage business layout after the launch of the first generation of energy storage inverter in 2017, focusing on low-voltage energy storage inverter series products for household use, and its business involves application scenarios such as household energy storage, small industrial and commercial energy storage, and optical storage and charging; And actively use the energy storage inverter channel to develop the energy storage battery pack business downstream, and deeply integrate with the company's energy storage inverter products, which is expected to become a new growth curve.

In 2022, the company will achieve a total revenue of 5.956 billion yuan, of which inverter products will achieve revenue of 3.957 billion yuan, a year-on-year increase of 230.41%, accounting for 66.44% of the total revenue, and the growth rate of energy storage inverters will be eye-catching, and the energy storage inverter segment will achieve sales revenue of 2.418 billion yuan, a year-on-year increase of 354.19%.

[12] Jinlang Technology: Energy storage inverter has become the company's second growth curve

In 2020, the energy storage revenue was only 37.33 million yuan, accounting for less than 2% of the company's total revenue, and in 2022, the energy storage inverter of Jinlang Technology achieved a revenue of 1.068 billion yuan, a year-on-year increase of 507.40%, accounting for 18.13% of the total revenue.

At the end of June this year, Jinlang Technology set up a special energy storage subsidiary, Jinlang Energy Storage Co., Ltd. The energy storage business covers application scenarios such as residential energy storage inverters, industrial and commercial energy storage PCS, and ground energy storage PCS. At present, it is actively expanding incremental markets such as Asia, Africa and Latin America, and it is expected that the dependence on the European market will be reduced in 23 years, and the proportion of revenue in incremental markets such as Asia, Africa and Latin America and the United States will increase. The market predicts that the shipment of Jinlang Technology's energy storage inverters may reach 500,000 units in 2023, a year-on-year increase or 200%.

[13] GoodWe: The world's first energy storage low-power PCS (below 30kW).

GoodWe launched its first energy storage inverter in 2013 and has been deeply involved in the overseas energy storage market for more than ten years, and according to EESA data, GoodWe ranked first in the world in terms of global energy storage low-power PCS (below 30kW/residential) shipments of Chinese enterprises in 2022. In 2022, GoodWe's energy storage battery revenue will be 627 million yuan, a year-on-year increase of 732.37%; The sales volume is about 267.06MWH. GoodWe's inverter sales in 2022 will be about 688,300 units, of which energy storage inverters will sell about 227,300 units, accounting for about 33.03%.

In addition to consolidating the energy storage inverter business, GoodWe has also accelerated the layout of the energy storage battery field in recent years, and the groundbreaking ceremony for the first phase of its planned grid-connected, energy storage inverter production capacity of 40GW and energy storage battery 4.5GWh has been held at the end of May this year. Previously, GoodWe had an energy storage battery production capacity of 0.5GWh.

[14] Yuneng Technology: Focusing on energy storage business to create a second growth curve

In recent years, Yuneng Technology has accelerated the layout of integrated photovoltaic and storage products, and has completed the layout of portable mobile energy storage, household energy storage, and industrial and commercial energy storage system products. Among them, single-phase household energy storage products have been mass-produced and sold to the European and American markets. More series of energy storage products are expected to be mass-produced and supplied in 2023, forming an integrated photovoltaic and storage system with the company's micro-inverter products in various power segments.

According to the energy storage shipment guidance of Yuneng Technology this year, the energy storage business revenue may achieve 500 million yuan to 600 million yuan. At present, it is focusing on energy storage business, which is expected to become the company's second growth curve.

[15] Sineng Electric: No. 1 in energy storage PCS shipments in the domestic market

In recent years, Sineng Electric has made an in-depth layout in the field of energy storage, and its energy storage products include AC energy storage converters, DC energy storage converters and energy storage integrated systems, which are used in energy storage in multiple fields such as power generation side, grid side, user side, microgrid/isolated grid, etc. According to the statistics of CNESA, Sineng ranks first in the ranking of energy storage PCS shipments in the domestic market in 2022 among energy storage PCS providers in China, and the top three in the global market.

In the past two years, the energy storage business has developed rapidly, and the company's operating income of energy storage products in 2021 will be 142 million yuan, a year-on-year increase of 137%; The proportion of energy storage business in total revenue increased from 0.12% in 2017 to 12.97% in 2021, and the revenue of energy storage products (energy storage PCS and system integration) in 2022 was 1.022 billion yuan, a year-on-year increase of 621.85%, and the revenue of energy storage products (energy storage PCS and system integration) in the first half of 2023 was 818 million, accounting for 37.55% of revenue, an increase of 2048.15% year-on-year.

[16] Sanjing Co., Ltd.: To become the world's top 3 in the field of household energy storage

From 2020 to 2022, Sanjing's energy storage inverter and system revenue were 25.9243 million, 238 million yuan and 951 million yuan, respectively, and the proportion of revenue in revenue also increased from 33.51% in 2021 to 61.38% in 2022. At the beginning of March this year, Sanjing Co., Ltd. submitted a prospectus and was accepted by the Shanghai Stock Exchange.

It has strong market competitiveness in the field of residential photovoltaic storage. According to SolarPower Europe statistics, the installed capacity of domestic storage in Europe is expected to be 3.9GWh in 2022, and the market share of tricrystalline in Europe is 8.84%. As early as 2021, when Chairman Lu Xueming announced the "2022-2026 Five-Year Strategic Plan", he proposed to build Sanjing into a global TOP3 brand in the field of household energy storage.

[17] Shouhang New Energy: Ningde Times Subsidiary as the First Major Corporate Shareholder

Shouhang New Energy is one of the early layout of the domestic energy storage inverter and "light storage integration" of the enterprise, has realized from the household, industrial and commercial to large-scale ground layout of the whole scene of the light storage system solutions, is currently planned to be listed on the Shenzhen Stock Exchange GEM.

SZSE disclosed on May 9, Shouhang new energy listing was passed.

In recent years, the first flight of new energy to accelerate the expansion of the company's energy storage business segment, including deepening the layout of the storage battery, enhance the competitive advantage in the field of energy storage, and the company's future business is expected to get ningde era boost. According to the enterprise search information, ningde era subsidiary ask investment is the second largest shareholder of the first flight new energy and the first largest legal shareholders, ask investment is also ningde era wholly owned subsidiary, the actual control is ZengYuQun. 2022, the first flight new energy photovoltaic and energy storage equipment production capacity up to 10GW, the battery production capacity up to 1GWh.

[18] Crestec: accelerating the layout of energy storage by joining hands with Ningde Times

Crestec began laying out the energy storage market in 2013, and the first energy storage product came off the production line in 2014. In 2019, a joint venture was established with Ningde Times to cut into and accelerate the development of the overseas energy storage market, which is currently 80% owned by Crestec and 20% owned by Ningde Times.

At present, it has complete household storage and industrial and commercial energy storage solutions, with products covering battery PACK, integrated energy storage machine, and energy storage converter (PCS), etc. In 2021, the household energy storage integrated machine program was certified by target market countries such as Australia, Italy, and Germany, etc. In 2022, because of the soaring optical storage business, Crestec achieved the best performance in the past 12 years since it was listed, with revenues of 44.01 In 2022, Crestec achieved the best performance in 12 years since listing, realizing revenue of 4.401 billion yuan, a year-on-year growth of 56.83%, of which, revenue from photovoltaic and energy storage products was 1.836 billion yuan, a year-on-year growth of 465%, and the sales volume of the products reached 188,000 sets, a year-on-year growth of 515%. The core comes from the growth of energy storage business, the revenue of energy storage business is about 1.3 billion yuan.

[19] Guriwate: 15.1% of global household storage inverter market share

Guriwatts is the earliest batch of domestic layout of optical storage companies, began to layout the field of energy storage in 2015, and will extend the business to the charging pile, according to Frost & Sullivan information, in 2022, Guriwatts has been the world's largest user-side energy storage inverter suppliers, accounting for 15.1% of the market share. Gurevat's energy storage products include grid-connected energy storage products, microgrid energy storage products, and battery packs.

In the past few years, Gueruiwate's energy storage business has been developing at a high speed, and from 2020 to 2022, Gueruiwate's energy storage business accounted for 40.3% of its revenue from 11.3%, and in 2022, the revenue of its energy storage inverters and battery packs will be NT$1.564 billion and NT$1.297 billion, representing year-on-year increases of 339% and 312.6%, respectively. On May 14 this year, Guruwatts has passed the hearing of Hong Kong Stock Exchange and will be listed on the main board of Hong Kong in the near future.

[20] Ai Luo Energy: energy storage business accounted for more than 80 percent

Aero Energy launched its first energy storage inverter as early as 2013, began to layout the energy storage battery in 2016 and launched it to the market in 2018, and on June 30, 2022, its application for listing on the Science and Technology Innovation Board was accepted by the Shanghai Stock Exchange. 2020 to 2022, Aero Energy's energy storage battery production capacity will increase from 53.36MWh to 1,666.61MWh, and its energy storage inverter production capacity will increase from 20,800 sets to 190,160 sets. The capacity of energy storage inverters will increase from 20,800 sets to 190,160 sets.

According to its prospectus, the energy storage business has become the largest core business, accounting for more than 80%. 2022, Ai Luo energy storage battery revenue reached 2.496 billion yuan, revenue accounted for 54.12%; energy storage inverter revenue reached 1.279 billion yuan, revenue accounted for 27.79%, a total of 81.91%. After the listing of Ai Luo energy will continue to increase the energy storage business, the prospectus shows that Ai Luo energy to raise 809 million yuan. Among them, 281 million yuan for energy storage battery and inverter expansion project, 151 million yuan for light storage intelligent energy research and development center construction project.

[21] Easter: Deepen the layout of energy storage and enter sodium electricity

East Group began to enter the field of energy storage in 2012, and after 2020, it began to accelerate its energy storage business, and established a special energy storage company, East Energy Storage Technology Co., Ltd. that year. At present, the layout of energy storage converter PCS, EMS, battery PACK and battery management system has been completed, and at the same time, it is preparing to start the layout of sodium electricity in the future.

In 2022, its energy storage business will achieve rapid growth, with revenue reaching 99 million yuan, a year-on-year increase of 160.19%. In early August 2023, it also participated in the establishment of Guangdong Yite Innovation Energy Co., Ltd., whose business scope covers energy storage technology services; battery sales, etc.

[22] Hoymiles shares: continue to accelerate the development of energy storage

Hoymiles officially entered the field of energy storage in 2019, and in 2020, it launched the first energy storage inverter and extended its business to energy storage system integration. In 2022, Hoymiles Co., Ltd., with an annual production capacity of 5GWh energy storage products and systems, will be put into production, and an energy storage subsidiary, Zhejiang Qinghe New Energy Co., Ltd., will be registered and established to provide energy storage products, energy storage system solutions and after-sales support services.

Hoymiles' energy storage inverters are mainly used in residential, industrial and commercial fields, and achieved small-batch mass production and shipment in the second half of last year, and the energy storage system is mainly large-scale storage. In 2022, the energy storage business will achieve revenue of 69 million yuan, which is currently relatively small, and one of the future directions of photovoltaic inverters is basically to build energy storage into the second growth curve, and Hoymiles is no exception, and will continue to accelerate energy storage in the future.

[23] Envision Energy: Synchronous development of power generation side, grid side and user side

Envision has earlier set up an energy storage research center in Japan, and invested in Sonnen, a European home energy storage company, Envision really entered the energy storage market in 2018, in August of that year, Envision Technology Group launched the acquisition of AESC, opened the energy IoT cooperation and established Envision Power, in 2019, Envision Power took the lead in the development of energy storage special cells, and since then has built full-stack technical capabilities including battery cells, PCS, BMS, EMS.

According to public data, in 2023, Envision energy storage shipments will be the fourth in China and the fifth in the world; Envision Energy Storage has participated in more than 200 projects around the world, delivered more than 10GWh, and has more than 15GWh of orders in hand. At present, Envision is developing simultaneously in three directions: power generation side energy storage, grid side energy storage, and user side energy storage.

[24] Goldwind: The first energy storage production base can reach an annual production capacity of 5GW

Before wind power giant Goldwind established a dedicated energy storage company, Tiancheng Tongchuang was a subsidiary of Jinfeng Technology responsible for its energy storage business, which was established in 2008 and began to lay out the energy storage market in 2019.

On February 17, 2023, Goldwind registered and established a dedicated energy storage company, Changzhou Goldwind Energy Storage Technology Co., Ltd., whose business scope still includes energy storage technology services and battery manufacturing, which is wholly owned by Goldwind Zero Carbon. In 2022, Goldwind shipped more than 1GWh of zero-carbon energy storage products. In September 2023, Goldwind's first energy storage production base, Changzhou Smart Energy Storage Factory, was settled in Jintan, Changzhou, with two phases of investment and construction of two production lines, with cutting-edge technology R&D and verification capabilities, with an annual production capacity of 5GWh.

[25] Yunda shares: plans to establish an energy storage company to develop energy storage business

In October 2023, Yunda announced that the full name of Yunda Co., Ltd. was officially changed from "Zhejiang Yunda Wind Power Co., Ltd." to "Yunda Energy Technology Group Co., Ltd.", and the renamed Yunda Co., Ltd. will focus on new energy and smart grid, energy storage, photovoltaic, hydrogen production and comprehensive energy development, and actively build a new energy enterprise focusing on new energy and carbon emission management.

On January 12 this year, the first energy storage industrial base of Yunda Co., Ltd. - smart energy storage production base held a commissioning ceremony in Wenzhou, which can achieve the delivery capacity of a single shift with an annual output of more than 2GWh, and the first new generation of 5MWh liquid-cooled intelligent energy storage system of Yunda Co., Ltd. was also launched at the same time, among them, BMS, EMS, PCS, liquid-cooled temperature control system, fire control system and other components and technologies are independently developed by Yunda Co., Ltd. In order to accelerate the development of energy storage business, on March 19 this year, Yunda Co., Ltd. announced that it would establish a special energy storage subsidiary, and planned to set up a holding subsidiary, Yunda Energy Storage Technology Co., Ltd.

[26] Ming Yang Intelligence: Acquisition of Haiji New Energy to enhance technological strength

Ming Yang Intelligence controlling subsidiary Tianjin Ruiyuan Electric Co., Ltd. is involved in energy storage business, and in 2023 was shortlisted in the collection and procurement list of CNNC Hui Energy and China Energy Construction Energy Storage System.

In February 2022, Ming Yang Intelligence acquired a 13.03% stake in Haiji New Energy with a capital increase of RMB 190 million, becoming its third largest shareholder. Established in 2016, Haiji New Energy is mainly engaged in the research, production and marketing services of lithium-ion batteries, battery packs and systems for energy storage, with downstream applications covering energy storage systems, industrial and commercial energy storage products, and household energy storage equipment. Investment in Haiji New Energy will open up the energy storage system for Ming Yang Intelligence from PCS to the battery of the energy storage core industry chain layout. At present, Ming Yang Intelligent energy storage business production has covered four provinces and municipalities directly under the Central Government, Ming Yang Intelligent 2022 energy storage system shipments reached 1087MWh, 2023 target shipments of 2GW.

[27] Tianshun Wind Energy: Chairman invested in the establishment of a specialized company to layout energy storage

In September 2018, Yan Junxu, chairman of Tianshun Wind Energy, invested in the establishment of Shenzhen Tianshun Intelligent Energy Science and Technology Company Limited, which is held by Yan Junxu, and the company's core business covers energy storage integration, energy storage converter, and energy management serialized energy storage products.

At present, Tianshun Intelligent Energy has developed and launched liquid-cooled energy storage battery containers, outdoor distributed energy storage cabinets, modular PCS and other energy storage products, and participated in the construction of the Shayang Zero-Carbon Industrial Park, Ulanqab wind power distribution and storage of a number of projects. Among them, Ulanqab wind power distribution and storage project has been involved in the spot market trading of power in west of Mongolia.2023 In June, Tianshun Wind Energy signed a strategic cooperation framework agreement in Puyang, Henan Province, and will invest in Puyang County to build an annual output of 1GWh of energy storage system integration manufacturing project.

[28] Sinovel: has launched lithium iron phosphate energy storage system + lithium electronic supercapacitor energy storage products

In May 2023, Sinovel invested in the construction of Wuwei City, Liangzhou District, 1000MWh / year lithium-ion battery energy storage system PACK factory project has completed the preliminary preparatory work, the project plans to invest a total of 416 million yuan, the use of the domestic mainstream of lithium iron phosphate core products for the production and assembly of the energy storage cabinet production business, the production of lithium-ion battery energy storage clusters, containers and other energy storage products.

At present, Sinovel has launched lithium iron phosphate energy storage system + lithium electronic supercapacitor two energy storage products.

[29] Longyuan Power: set up a specialized company layout energy storage

In March 2023, Longyuan Power set up its energy storage specialized company, will Longyuan Power Group Energy Sales Co., Ltd. officially renamed Longyuan Power Group Shared Energy Storage Technology (Beijing) Co. The company will undertake the centralized and unified hosting and operation of energy storage power stations of Longyuan Power's provincial subsidiaries, build a shared energy storage technology platform for Longyuan Power, develop power sales business, energy storage battery equipment leasing, energy storage equipment, value-added services for power trading and other related businesses, explore and develop shared energy storage power station projects, and promote the healthy and sustainable development of integrated intelligent energy and new energy.

In 2023, Longyuan Power released a number of collection and supply for Australia, purchasing 1,200MWh of battery systems for energy storage power stations, 600MW of PCS, and 600MW/1200MWh of EMS (30 sets).

[30] Sany Heavy Energy: Gradually started to get involved in energy storage

In February 2023, Sany Heavy Energy invested in the establishment of a wholly-owned energy storage company, Chenzhou Ansheng Energy Storage Technology Limited Liability Company, with a scope of business including engineering and technology research and experimental development, energy storage technology services, solar power generation technology services, wind power generation technology services, and construction engineering design.

In April 2023, Sany Heavy Energy signed an agreement with Delingha City, in which Sany Heavy Energy proposed to invest in the construction of a wind-scope hydrogen storage and ammonia integration demonstration project in Delingha City.In November 2023, Sany Heavy Energy announced that it proposed to invest 6.5 billion yuan for the construction of the Sany Jilin Changling Wind-Scope Hydrogen Storage and Ammonia Digitization Demonstration Project, and the project is expected to invest in the construction of a wind-scope hydrogen storage and ammonia integration industry in Changling County of Songyuan City, and to construct photovoltaic, wind power power station, transmission lines, hydrogen and alcohol plants and storage and transportation, energy storage facilities.

https://mp.weixin.qq.com/s/GqTEMr0hcts-oxEq5GJ3gg

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