Top 10 grid side energy storage system integration companies in China
In the new power system, energy storage will become a crucial link, which is a necessary guarantee for new energy consumption and grid security. It will be widely used in the power generation side, grid side and power consumption side, with broad demand space.
In recent years, driven by the outbreak of market demand and policy encouragement, the mature lithium battery energy storage has witnessed explosive growth, and other new energy storage technologies have entered a stage of rapid development. This article will introduce the top 10 grid side energy storage system integration companies in China in no particular order.
Top 10 grid side energy storage system integration companies in China
Established time: June 13, 2010
Location: Shandong, China
SDEE is one of the top 10 grid side energy storage system integration companies in China. It is China’s super large power transmission and transformation industry group. It is one of the largest power equipment and overall solution suppliers in China, and is committed to building an international first-class power equipment manufacturer and system service provider.
SDEE has the largest transformer production base in the world with the largest single plant capacity and China’s first-class production line of composite appliances, iron towers and cables. It takes the lead in mastering the key technologies of UHV products and provides strong support for the construction of key power projects in China. The business of SDEE is distributed in 6 continents and more than 90 countries and regions.
The company’s business covers R & D, design, manufacturing, sales, testing and integration of transmission, transformation and distribution equipment, on-line monitoring of transmission and transformation, development of digital grid technology, grid operation and maintenance, maintenance of power equipment, comprehensive energy services and general contracting of power engineering.
The main product businesses include transformer business, iron tower business, combined electrical appliances, wire and cable business, energy storage business, intelligent distribution network business, energy Internet business, etc.
Company website: http://www.sddgdq.cn/
Registered capital: 35000000 RMB
Established time: February 24, 2014
Location: Beijing, China
BeRight Technology is a high-tech company in China. The company is committed to flexible AC transmission, power quality, new energy access, micro grid technology, industrial energy-saving technology, power storage access and other technical fields. It can provide high-tech equipment integration, manufacturing, engineering implementation and other services for power transmission network and industrial customer power distribution.
New transmission equipment; Intelligent power distribution equipment, energy saving equipment for power grid users; New energy (wind power, solar energy) access device; Low voltage ride through detection and treatment device; Distributed power supply access and control equipment, microgrid control device, etc.
Company website: http://zdbrjs.com
Registered capital: 50 million RMB
Established time: December 29, 2018
Location: Jiangsu, China
Being one of the top 10 grid side energy storage system integration companies in China, AI Power is a high-tech company in China, providing overall solutions for smart energy systems. The company’s business involves photovoltaic, wind energy, energy storage, power electronics, software development, distributed power monitoring technology and other new energy fields.
Industrial and commercial energy storage+household energy storage products, string type hybrid inverter, multiple integrated energy system SCADA/EMS, regional energy management and control system, etc.
Recently, AI Power submitted a new round of articles of association to register new shareholders and increase capital. This capital increase and share expansion will focus on the development of AI Power microgrid core technology, market layout and product research and development.
Company website: http://www.aipowertec.com
Registered capital: 111666.67 million RMB
Established time: December 14, 1998
Location: Guangdong, China
Watt Electrical is a Chinese photovoltaic power generation equipment supplier, focusing on industrial power supply series products, complete photovoltaic power generation equipment and system integration, integrating R&D, production, sales and engineering services.
The company provides professional DC power supply, wall mounted power supply, communication power supply, AC power supply, UPS, AC/DC integrated power supply system, battery online monitoring system, industrial high-power UPS power supply, fully controlled power quality series and other industrial power supply overall solutions.
At present, the company has more than 9000 sets of products running online in 10KV~500KV substations and large and medium-sized power plants in various provinces and cities in China.
Photovoltaic combiner box, photovoltaic DC cabinet, grid connected photovoltaic inverter, off grid photovoltaic controller, photovoltaic power station monitoring, grid connected and off grid photovoltaic power generation system, energy storage and converter, intelligent microgrid system, etc.
Recently, Watt Electrical successfully won the bid for the centralized procurement (second batch) project of Lithium Ion Battery Energy Storage System of Hydropower Engineering Company in 2022 in China, with a project scale of 35MW/140MWh.
The planned construction period of the project is 3 months. The total on grid power is about 42292190.5 MWh in 25 years after completion, and the annual average on grid power is 1691687.62 MWh.
Company website: http://www.gdwatt.com
Registered capital: 75 million RMB
Established time: February 9, 1996
Location: Jiangsu, China
ZTT is one of the top 10 grid side energy storage system integration companies in China. It describes a diversified industrial portfolio for marine equipment, renewable energy, new materials, smart grid, optical communication and other diversified industrial products. The company strives to be a pioneer in continuously striving to achieve the carbon dioxide emission peak in 2030 and the national goal of carbon neutrality in 2060.
ZTT currently has 6 factories in India, Brazil, Indonesia, Morocco, Türkiye and Germany. Its products are exported to 160 countries and regions, and the business has achieved full coverage of countries and regions along the the Belt and Road.
The main products include optical fibers, ship cables, active devices, passive devices and other optoelectronic devices, high and low voltage switchgear, transformers, solar cell modules, solar photovoltaic backplanes, connection devices for charging equipment, energy storage systems, hybrid and electric vehicle battery systems, lithium batteries, emergency power supplies, charging and discharging equipment, inverter equipment, etc.
Recently, ZTT released its performance report for the third quarter of 2022. The report shows that the revenue in the third quarter was 9.154 billion RMB, down 27.06% year on year; The net profit was 646 million RMB, a year-on-year increase of 159.24%. The net profit after deducting non profits was 637 million RMB, a year-on-year increase of 147.16%.
The accumulated revenue in the first three quarters was 29.195 billion RMB, down 20.93% year on year; The net profit was 2.470 billion RMB, up 400% year on year. The net profit after deducting non profits was 2.431 billion RMB, a year-on-year increase of 431.35%.
Company website: http://www.chinaztt.com/
Registered capital:3412949652 RMB
Established time: August 12, 1996
Location: Shenzhen, China
CLOU is an international comprehensive energy service provider and a national high-tech company. It builds a new power system with new energy as the main body, and provides core technologies and system solutions in the fields of smart grid, energy storage, charging and operation of new energy vehicles, and comprehensive energy services.
The main products include smart grid, energy storage, new energy vehicle charging and integrated energy services, among which the core energy storage products include PCS, battery system, BMS, EMS, energy storage full life cycle operation and maintenance analysis system, etc.
On October 25, 2022, CLOU released the third quarter report of 2022. From January to September 2022, the company realized an operating revenue of 2.095 billion RMB, a year-on-year decrease of 5.98%, of which the net profit attributable to the parent company in the third quarter of 2022 was 52.9699 million RMB, a year-on-year increase of 174.16%.
Company website: http://www.szclou.com/
Registered capital: 1.408 billion RMB
Established time: December 8, 1997
Location: Zhejiang China
NARADA is a high-tech company in China, with core technology patents in new materials, new technologies and new structures of battery power supply. Facing the four application fields of smart energy storage, data center, industrial backup and green travel, the company provides products, system integration and services with lithium-ion batteries and lead batteries as the core.
At the same time, it has created two industrial closed loops of “lithium battery recycling industry chain” and “lead battery recycling industry chain”. The company has sales in 158 countries and regions around the world.
Being one of the top 10 grid side energy storage system integration companies in China, the company is committed to becoming a leader in system solutions in the fields of data center, smart energy storage, industrial backup and green travel. The main products are valve controlled sealed batteries, lithium ion batteries, fuel cells and related materials.
The products are widely used in basic industries such as communication, electric power and railway; Strategic emerging industries such as solar energy, wind energy, smart grid, electric vehicles and energy storage power stations; Electric bicycle batteries, communication terminal application batteries and other livelihood industries.
On October 23, 2022, NARADA released the third quarter report of 2022, which showed that the company’s main revenue was 8.486 billion RMB, a year-on-year decrease of 15.97%; Net profit attributable to the parent company was 608 million RMB, up 977.61% year on year; Non net profit was RMB 12.2681 million, up 109.75% year on year.
In the third quarter of 2022, the company’s single quarter main revenue was 2.852 billion RMB, down 18.53% year on year; The net profit attributable to the parent company in a single quarter was 78.5943 million RMB, up 173.81% year on year; Non net profit deducted in a single quarter was -28.7317 million RMB, up 73.33% year on year.
Company website: http://www.naradabattery.com.cn
Registered capital: 86487089300 RMB
Established time: January 19, 1996
Location: Shanxi, China
Action Power is a high-tech company. The company focuses on power electronic power transformation and control, and its products cover the whole process of power generation, power supply and distribution, and power consumption, involving new energy, power, transportation, aviation, industry, and scientific research.
At present, the company has formed a series of products and a common shared product platform. It has two R&D and production bases in Xi’an and Suzhou in China. In addition, the company has set up technical service centers in Beijing, Shenzhen, Shanghai, Jinan, Guangzhou, Wuhan, Zhengzhou and other places.
Power supply, power quality control, new energy grid connected converter products, etc.
Company website: http://www.cnaction.com
Registered capital: 61.86 million RMB
Established time: December 24, 2001
Location: Guangdong, China
Being one of the top 10 grid side energy storage system integration companies in China, EVE is a high-tech company in China, focusing on the innovative development of lithium batteries. It is also one of the top 25 energy storage companies in China in 2022. As a global leader in lithium primary batteries, EVE has more than 21 years of experience in lithium battery R & D and manufacturing.
According to statistics, EVE’s sales and export volume of lithium primary batteries have ranked first in China for six consecutive years. The company’s lithium sub batteries are in the forefront of the world, and the lithium primary batteries are in the leading position in China. In recent years, the company has focused on the power and energy storage market and adopted a highly automated and information-based production mode.
The main products include lithium primary batteries, small lithium-ion batteries and cylindrical batteries, square iron lithium batteries, square ternary batteries, soft packed ternary batteries, large cylindrical batteries, modules, BMS, battery systems, etc.
On October 27, 2022, EVE disclosed its third quarter report. The report shows that in the first three quarters of 2022, the company achieved a total operating income of 24.283 billion RMB, an increase of 112.12% year-on-year; The net profit attributable to shareholders of the listed company was 2.666 billion RMB, up 20.30% year on year.
Among them, in the third quarter, the operating income of Yiwei Lithium Energy was 9.357 billion RMB, with a year-on-year growth of 91.43%. The net profit attributable to shareholders of the listed company was 1.306 billion RMB, with a year-on-year growth of 81.18%, ending the continuous year-on-year decline in net profits in the first and second quarters of this year.
Company website: http://www.evebattery.com
Total market value: 187.012 billion RMB
Established time: December 25, 1997
Location: Tianjin, China
LISHEN is one of the top 10 grid side energy storage system integration companies in China. It is a high-tech company, the first lithium ion battery R&D and manufacturing company in China, with 25 years of experience in lithium ion battery R&D and manufacturing.
It has an annual production capacity of 15G watt hour lithium ion battery, and its market share in the international high-end market is among the top in the global lithium battery industry.
The company is actively exploring the global market. At present, it has established branches in Germany, the United States and other places to accelerate the connection with global high-end car manufacturers.
The products mainly include round (column), square, power and polymer batteries, energy storage system products and other series. The energy storage system products include large energy storage systems (indoor and container type), household energy storage systems, and base station application energy storage products.
On November 2, 2022, LISHEN announced that the company had completed the construction of a power square pilot line with a total investment of about 138 million RMB and a daily output of 1000 batteries.
The line body is capable of manufacturing power battery from electrode to sorting in the whole process, covering power battery products with a thickness of 25-85mm, a width of 140-300mm, and a height of 80-230mm, meeting the development needs of more than 10 kinds of products of mainstream customers in the market.
Company website: http://www.lishen.com.cn
Registered capital: 1930362096 million RMB