On November 21, Hangzhou Collin Electric Co., Ltd. (Hereinafter referred to as "Hangzhou Collin") announced that Hangzhou Collin intends to sign the "Collin Electric Energy Storage and New Photovoltaic Project Investment Agreement" with the Qiantang New District Management Committee of Hangzhou City, Zhejiang Province. Hangzhou Kelin New Energy Co., Ltd., a wholly-owned subsidiary of the company, and Hangzhou Keneng New Energy Co., Ltd., a holding subsidiary of the company, have invested in the construction of "Energy Storage and New Photovoltaic Project" in Qiantang District, Hangzhou, with an estimated total investment of 400 million yuan . According to
the announcement, the energy storage project is planned by Hangzhou Kelin New Energy to build a production line with an annual output of 2 GWh energy storage products in Qiantang District of Hangzhou, and put it into the user side and grid side to realize distributed energy storage. The project is expected to have an investment of 180 million yuan and a construction period of 18 months. The proposed new photovoltaic project refers to the perovskite solar cell project. It is planned to build a pilot line of perovskite solar cells with an annual output of 100 MW. The project is expected to have an investment of 220 million yuan and a construction period of 18 months. Hangzhou Keneng New Energy is the main body of the project.
The announcement pointed out that the development of new business is based on the company's long-term development strategic planning, which helps to further optimize the company's business structure, broaden the company's business layout, continuously strengthen the company's core competitive advantage, improve the effectiveness of the company's industrial coordination, and ensure the realization of the company's overall strategic objectives. According to the
data, Hangzhou Kelin is a high-tech enterprise based on the field of smart grid, focusing on the construction of digitalization, informatization and intellectualization of power system, specializing in the research and development, production and sales of intelligent perception, diagnosis and early warning devices for electrical equipment and electrochemical energy storage systems, and providing power-related technical solutions.
Hangzhou Colin said in the announcement that the company has set up a technical team, and has introduced high-end talents in the new photovoltaic field, including professional technicians and managers, and built a team of compound talents through training and job rotation. On November 20, 2023, the company signed the Joint Laboratory Cooperation Agreement with authoritative research institutes, and carried out technical cooperation with senior teams of universities, which provided a strong guarantee for the development of perovskite solar cell technology.