Top 10 compressed air energy storage manufacturers in China

As the core technology for building a new power system with wind power photovoltaic and other new energy power generation as the main body, compressed air energy storage is known as the stabilizer and super power bank of the new power system. With the maturity of this technology in China, many compressed air energy storage manufacturers have recently announced cooperation in related projects in this field. Next, we will introduce China’s top 10 compressed air energy storage manufacturers in no particular order.

Top 10 compressed air energy storage manufacturers

China Energy Construction Group

Company profile:
China Energy Construction Group was established on January 26 this year. It is a major deployment of China Energy Construction Group to implement technology-based enterprises and digital transformation. Air energy storage is one of the company’s main business directions.

On November 21, 2022, China Energy Construction Group, one of compressed air energy storage manufacturers, organized a review meeting for the feasibility study report of the 300 MW compressed air energy storage power station demonstration project in Jiuquan, Gansu. Then, China Energy Construction Group and the People’s Government of Jiuquan City, Gansu held a video promotion meeting for the 300-megawatt compressed air energy storage power station demonstration project in Jiuquan, Gansu Province and the 200,000-kilowatt source-network-load-storage integration project in Jiuquan Economic Development Zone.

According to reports, the power station is the world’s first 300-megawatt compressed air energy storage demonstration project using artificial chambers for gas storage. It is planned to build a large-scale hybrid energy storage power station with compressed air energy storage as the core.

Registered capital: 26 million rmb

Company website: http://www.ceec.net.cn/

POWERCHINA

Company profile:
POWERCHINA is one of top 10 compressed air energy storage manufacturers, signed a 4×300MW/1800MWh salt cavern compressed air energy storage power station project with Shandong Feicheng Economic Development Zone. The two sides conducted a full exchange and communication around the economic analysis, project development prospects and key technologies of the 4×300MW/1800MWh salt cavern compressed air energy storage power station project.

Registered capital: 31863.3901 million rmb

Company website: http://www.powerchina.cn

China National Energy

Company profile:
China National Energy is the pioneer and leader of China’s compressed air energy storage manufacturers, and an industrialized company of compressed air energy storage technology of the Institute of Engineering Thermophysics, Chinese Academy of Sciences. As a national high-tech enterprise and a cutting-edge technology enterprise in Zhongguancun, it has a full set of capabilities in research and development, design, core equipment manufacturing, project implementation, and power station investment and operation of 100-megawatt advanced compressed air energy storage systems.

At present, China National Energy’s 1.5MW, 10MW system, 100MW system and related technologies have achieved industrialization in the form of technology authorization and technology shareholding respectively, and the total technology price is about 1.85 billion yuan. Demonstration projects of 1.5MW system, 10MW system and 100MW system have been completed and are under construction, including Hebei Langfang, Guizhou Bijie (2 sets), Jiangsu Huaian, Hubei Wuhan, Hebei Zhangjiakou project 6 sets, Yunying in Hubei, Erlianhot in Inner Mongolia, Henan Gongyi, Pingdingshan in Henan, Feicheng in Shandong, Yulin in Shaanxi, Yumen in Gansu, and Tibet have 36 industrial-grade projects included in the plan, with a total contract value of more than 5 billion yuan.

Registered capital: 1,756 million rmb

Company website: https://www.caes.store/

Huaneng

Company profile:
Huaneng was founded in 1985. On May 26, China’s first salt cavern compressed air energy storage power station located in Jintan District, Changzhou City, Jiangsu Province was integrated into the State Grid and put into operation. After nearly ten years of research and development by China Huaneng, China Salt Group, Tsinghua University and other industry-university-research units, this power station took two years to build the world’s first non-combustion compressed air energy storage power station. The installed capacity of energy storage in the first phase of the project is 60 MW, and the long-term planned construction scale is 1,000 MW.

On November 23, Huaneng and China National Salt Industry Group Co., Ltd. signed a strategic cooperation framework agreement. The two parties established a long-term cooperative relationship to develop the Yulin salt cavern compressed air energy storage project and promote high-quality development of both parties. This cooperation is the continuation and sublimation of the successful cooperation between the two parties on the Jintan salt cavern compressed air energy storage project.

On November 23, Hengyang’s 100-megawatt salt cavern compressed air energy storage innovation demonstration project was officially signed. This is the first compressed air energy storage project in Hunan and another 100-megawatt compressed air energy storage project in China.

Registered capital: 34.9 billion rmb

Company website: https://www.chng.com.cn/

Funeng

Company profile:
Different from other compressed air energy storage manufacturers, Funeng takes wind energy, solar energy and other renewable energy, natural gas power generation, nuclear energy and other clean energy as the development orientation, and clean and efficient combined heat and power projects, actively involved in pumped storage, compressed air energy storage, electrochemical energy storage and other large-scale energy storage projects, expand the upstream and downstream industrial chain and distribution and sales of electricity, comprehensive smart energy management, explore and develop source-network-load-storage, wind-solar-storage-charge integrated terminal energy systems according to local conditions.

On May 26, 2022, Funeng also released the bidding for preliminary work consulting services for the feasibility study of the underground engineering of the compressed air energy storage power station project released by Fujian Shishi Thermoelectricity. It is initially planned to build a compressed air energy storage power station with a total installed capacity of 1200MW/4800MWh.

Market value: 21.852 billion rmb

Company website: http://www.fjec.com.cn

Zhongke

Company profile:
As one of compressed air energy storage manufacturers in China, Zhongke has research and development in Beijing and its own production base in Wuhan Gezhouba Equipment Industrial Park. The company has large-scale compressed air energy storage core technologies and products, and is committed to key technology research and development, system integration and industrialization promotion in various energy storage fields such as power storage, heat storage, cold storage, hydrogen storage, and gas storage. Provide customers with international energy storage solutions.

Recently, important progress has been made in the research and development of a large-scale advanced compressed air energy storage demonstration system. Zhangjiakou, Hebei Province’s first 100MW-level advanced compressed air energy storage demonstration system heat storage device passed the third-party test with CNAS qualification, and the test result was heat storage The heat storage efficiency reaches 374.7 GJ, the heat storage efficiency is 98.95% for 8 hours of heat preservation, and 98.73% for 16 hours of heat preservation.

Registered capital: 114.26 million rmb

Company website: http://www.cggc-unpower.cn

Shaangu

Company profile:
On November 10, Shaangu won the order contract for the air compressor unit and supporting and auxiliary system equipment of Hubei Yingcheng 300MW compressed air energy storage power station, and won the bid for 8 sets (sets) of large-scale compressor units, including the company’s core product axial flow compressor unit and centrifugal compressor units, with an amount of 226 million yuan.

The project was undertaken by one of leading top 10 compressed air energy storage manufacturers, China Energy Construction Group. It is the world’s first (set) 300-megawatt non-supplementary combustion compressed air energy storage demonstration project. The energy conversion efficiency is over 70%, and the unit construction cost is about 6 yuan/W. The total investment exceeds 1.8 billion yuan. Compressors accounted for about 13% of the total investment in the above projects. For Shaangu, a compressed air energy storage project brought a large order of 226 million yuan.

Market value: 21.977 billion rmb

Company website: http://www.shaangu.com/

Jin Tong Ling

Company profile:
Founded in 1993, Jin Tong Ling is located in Nantong City, Jiangsu Province, and was listed on the Shenzhen Stock Exchange in June 2010. Possess new energy system integration, renewable energy system integration, distributed energy system integration, compressed air station integration, energy storage engineering integration and other related engineering construction, general contracting and contract energy management capabilities, and can provide EPC, BOT, BOO according to customer needs and other services, serving high-tech enterprises in various fields such as electric power, chemical industry, new energy, renewable energy, and distributed energy.

Jin Tong Ling has cooperated with the Chinese Academy of Sciences to develop compressed air energy storage projects, and completed two pilot projects in Feicheng and Bijie, and achieved success. The role of the company is to provide equipment for compressed air energy storage projects.

Registered capital: 1489.164214 million rmb

Company website: https://www.jtltech.cn/

Dongfang

Company profile:
Dongfang has produced more than 600 million kilowatts of power generation equipment in total, and continues to maintain its leading position in the industry in the world. At present, Dongfang’s products and services have been exported to nearly 80 countries and regions including the United States, Canada, India, Pakistan, Vietnam, Indonesia, Saudi Arabia, Bosnia and Herzegovina, Sweden, and Brazil.

Through independent development and industry-university-research cooperation, a number of major technical equipment products with independent intellectual property rights have been formed, and have the development, design, manufacture, sales and equipment supply of large-scale hydropower, thermal power, nuclear power, gas power, wind power and solar power generation equipment And power station project general contracting ability.

It can develop batches of 1000MW-class hydroelectric generating units, 1350MW-class ultra-supercritical thermal power units, 1000MW-1750MW-class nuclear power units, heavy-duty gas turbine equipment, direct drive and double-fed full-range wind turbines, high-efficiency solar power plant equipment, hydrogen energy buses, large-scale Environmental protection and water treatment equipment, power electronics and control systems, new energy batteries and energy storage systems, intelligent equipment and other products.

Market value: 69.705 billion rmb

Company website: http://www.dec-ltd.cn/

Sciyon

Company profile:
Sciyon was founded in May 1993 and listed on the Shenzhen Stock Exchange in March 2010. It is one of leading compressed air energy storage manufacturers in China, informatization and intelligent technology, products and solutions in China, and a leader in the construction of smart industries.

The Jintan Salt Cavern Compressed Air Energy Storage National Experimental Demonstration Project, for which Sciyon provides distributed control system solutions, has been successfully connected to the grid. This project is China’s first salt cavern energy storage heat exchange project using compressed air as the medium.

Market value: 3.701 billion rmb

Company website: http://www.sciyon.com