Top 10 grid side energy storage battery companies in China

The grid side energy storage helps to balance the supply and demand of power generation, distribution and use, avoid excessive power generation on the grid side, alleviate the power supply gap of the grid, improve the utilization efficiency of power generation equipment, reduce the investment in grid construction, and provide a strong guarantee for the safe and stable operation of the grid system.

Compared with the traditional energy storage technology, the grid side energy storage battery has the advantages of easy modularization, fast response, flexible installation and short construction period, and is considered to be the ideal energy storage equipment on the grid side. In this article, we will introduce the top 10 grid side energy storage battery companies in China in no particular order.

Top 10 grid side energy storage battery companies in China

Wanxiang Group

Established time: December 24, 1990
Location: Zhejiang, China

Company file:

Being one of the top 10 grid side energy storage battery companies in China, Wanxiang Group is a multinational group covering automobile parts, clean energy, modern agriculture and other fields. Since 1999, the company has been distributing clean energy and developing battery, electric vehicle, energy storage, distributed energy, wind power and other industries.

Wanxiang Group has successively set up branches in the United States, the United Kingdom, Mexico, Venezuela, Brazil, Canada and other countries. At present, Wanxiang Group has 22 companies in 10 countries around the world, and has built an international marketing network covering more than 60 countries and regions.

Main products:

Energy storage batteries, lithium-ion power batteries, tourism and leisure electric vehicles, new energy commercial vehicles, solar products, etc.

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

Registered capital: 450 million RMB

BYD

Established time: February 10, 1995
Location: Shenzhen, China

Company file:

BYD is a high-tech company. Its business layout covers electronics, automobiles, new energy, rail transit and other fields, and it plays an important role in these fields. From energy acquisition, storage to application, BYD has built a zero emission new energy integrated solution in all aspects.

After more than 20 years of rapid development, more than 30 industrial parks have been established in the world, realizing the strategic layout of six continents in the world. BYD has become one of the top 25 energy storage companies in China in 2022.

Main products:

The company’s products include lithium-ion batteries and other batteries, chargers, electronic products, instruments, flexible circuit boards, hardware products, liquid crystal displays, etc.

Recent news:

Recently, the world’s largest single phase energy storage power station supplied by BYD energy storage has been successfully put into commercial operation on the West Coast of the United States, with an energy storage capacity of nearly 1.7GWh. BYD Cube T28 supplied this time adopts vehicle specification level cooling system components, which are compatible with global energy storage standards.

The product adopts a compact mechanical design, covers an area of only 16.66 square meters, and has a storage capacity of 2.8 MWh. The innovation of CTP technology and system integration technology has improved the energy density by 90%. The active equalization technology ensures that the availability of the battery pack exceeds 99.9%. It takes the lead in supporting 1300V DC voltage and matching high-voltage converters of different brands.

Company website: http://www.byd.com/cn/index.html

Total market value: 822.98 billion RMB

CATL

Established time: December 16, 2011
Location: Fujian, China

Company file:

CATL is headquartered in Fujian, China and has branches in Munich, Germany and Beijing, Shanghai, Jiangsu and Qinghai in China. The company has established in-depth cooperation with top international automobile manufacturers such as Germany and the United States and many well-known automobile manufacturers in China to develop and produce power battery systems for pure electric vehicles and hybrid vehicles for global customers.

Through years of operation, the company has built a leading R & D and manufacturing base for power batteries and energy storage systems in China. It has the core technology of the whole industrial chain of materials, cells, battery systems and battery recycling, and is committed to providing solutions for global green energy applications and energy storage through advanced battery technology.

Main products:

Lithium ion battery, lithium polymer batteries, fuel cells, power batteries, super capacity energy storage batteries, supercapacitors, battery management systems and rechargeable battery packs, photovoltaic energy storage systems, etc.

Recent news:

Recently, CATL reached a cooperation agreement with FlexGen, an American energy storage technology platform and solution supplier, to supply the latter with 10GWh advanced energy storage products within three years.

Company website: https://www.catl.com/

Total market value: 1156588 million RMB

Highstar

Established time: March 2, 2001
Location: Jiangsu, China

Company file:

Being one of the top 10 grid side energy storage battery companies in China, Highstar is a high-tech company integrating scientific research and development, production and operation. It has 12 holding subsidiaries. Its products include batteries, chemicals, electromechanical, special gases and packaging materials.

The company’s products are used in aerospace, military, transportation, post and telecommunications, agriculture and many other fields, and sell well in dozens of countries and regions in Europe, America and Southeast Asia.

Main products:

High energy secondary nickel hydrogen, nickel cadmium, lithium ion batteries, battery materials, chargers, etc.

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

Registered capital: 86 million RMB

VRB Energy

Established time: January 19, 2007
Location: Beijing, China

Company file:

VRB Energy is a global energy storage technology innovation company, focusing on the development of vanadium redox flow battery energy storage system. At present, the company has installed more than 70 projects in 12 countries and regions around the world, with an accumulative safe and stable operation time of nearly 1 million hours, a total capacity of nearly 70 MWh, and a total capacity of 3kWh for projects in the development stage.

Main products:

All vanadium redox flow battery series energy storage system products.

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

Registered capital: 120 million RMB

ETP

Established time: June 8, 2016
Location: Jiangsu, China

Company file:

Being one of the top 10 grid side energy storage battery companies in China, ETP is a large manufacturing company engaged in the R&D, production, and sales of lithium ion batteries and related supporting products. At present, the annual output of lithium iron phosphate and ternary lithium battery is nearly 4 billion watt hours, and the capacity under construction is nearly 3 billion watt hours. The products are widely used in energy storage systems and new energy vehicles.

Main products:

Lithium iron phosphate battery cell, ternary lithium battery cell, power transmission and distribution network are equipped with battery energy storage system, etc.

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

Registered capital: 1 billion RMB

Tianneng Battery Group

Established time: March 13, 2003
Location: Zhejiang, China

Company file:

Tianneng Battery Group is one of the top 10 grid side energy storage battery companies in China, it is a leading company in China’s battery industry, focusing on the power battery business of electric light vehicles, integrating the R & D, production and sales of electric special vehicle power batteries, new energy vehicle power batteries, auto start and stop batteries, energy storage batteries, 3C batteries, backup batteries, fuel cells and other multi category batteries.

Up to now, the company has built ten production bases in five provinces of China and more than 60 subsidiaries. It is a leading company in China’s new energy power battery industry.

Main products:

The main products include power batteries, energy storage backup batteries, starting batteries, smart energy, fuel cells, etc. Wherein the energy storage backup battery includes an industrial backup battery, an electric energy storage battery and a mobile energy storage battery.

Company website: http://www.cn-tn.com/

Total market value: 40.459 billion RMB

AVIC

Established time: September 14, 2009
Location: Henan, China

Company file:

AVIC is a high-tech new energy company specializing in the R&D and production of lithium-ion power batteries and battery management systems. It has become one of the top 10 lithium battery companies in the world. Lithium ion batteries developed and produced by the company are widely used in electric vehicles, rail transit, electric energy storage, communication base stations, mining equipment, military applications and other fields. The company and its products cover the global market and military products market.

Main products:

The company’s main products include lithium ion power batteries, battery management systems (BMS), energy storage batteries and related integrated products and lithium battery related materials.

Company website: http://ccq361.ddc.net.cn/

Registered capital: 990867116 million RMB

Hanloon Energy

Established time: May 12, 2015
Location: Zhejiang, China

Company file:

Hanloon Energy is one of the top 10 grid side energy storage battery companies in China, it is a high-tech company integrating technology development, production and sales of new energy industry. The company aims to provide the application solutions of battery management system, energy storage container system integration solutions, mobile energy storage power car solutions, smart grid, energy services, big data analysis and other energy solutions.

The company’s products cover energy storage applications such as energy storage power stations, distributed microgrids, mobile energy storage power car systems and home energy storage systems.

Main products:

Energy storage BMS battery management system, fixed container energy storage system, mobile container energy storage system, mobile energy storage power car, electric vehicle DC charging pile, intelligent fusion terminal, etc.

Registered capital: 51 million RMB

Gotion High Tech

Established time: January 23, 1995
Location: Anhui, China

Company file:

Gotion High Tech is the first national company in China’s power battery industry to enter the capital market. It has business segments such as new energy vehicle power lithium batteries, energy storage, power transmission and distribution equipment, and has established an independent and mature R & D, procurement, production and sales system.

The company has established eight global R & D centers in Hefei, China, Shanghai, Silicon Valley, Cleveland, Gottingen, Japan, Tsukuba, Pune, India, Nanyang Technological University, Singapore and other places, and distributed global production bases in Germany, India, Vietnam, the United States and other countries.

Main products:

The main products are lithium iron phosphate materials and cells, ternary materials and cells, power batteries, battery management systems and energy storage batteries.

Recent news:

On November 8, 2022, the cathode material production ceremony of Hefei Guoxuan Kehong New Energy Technology, a subsidiary of Gotion High Tech, was held in Lujiang High tech Zone, Hefei, China.

The overall production capacity of the project is planned to be 200000 tons, which will be constructed in four phases. The first phase of the 50000 ton project will be put into operation on June 8, 2022, and the second phase of the 50000 ton project will be put into operation on November 8.

The main products are high-performance lithium iron phosphate cathode materials with monomer core energy density ≥ 210Wh/kg independently developed by Gotion High Tech, which are used in high-end new energy vehicles and energy storage products.

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

Total market value: 62.51 billion RMB