Zhongnengchuang completed 100 million yuan A-round financing

2023-06-20 18:05:11

Zhongnengchuang focuses on the next generation of heterojunction battery technology, using the "no main grid" technology to make a breakthrough in the bottleneck problem of "de-metallization".

Recently, Zhongnengchuang Photoelectric Technology (Changzhou) Co., Ltd. (Hereinafter referred to as "Zhongnengchuang") announced the completion of 100 million yuan A-round financing , which was led by Longma Peak Venture Capital and followed by old shareholders Yaotu Capital and Tongchuang Weiye.

It is understood that this round of financing is mainly used for the mass production line construction of ultra-thin non-main grid heterojunction batteries and components, the start-up of research and development of laminated batteries and team expansion.

Founded in 2021 by former TSMC, Trina Solar and other senior executives and key members of the State Key Laboratory team, Zhongnengchuang is a company focusing on heterojunction (HJT) technology and photovoltaic scenario applications. Zhongnengchuang focuses on the next generation of heterojunction battery technology, using the "no main grid" technology to make a breakthrough in the bottleneck problem of "de-metallization". One of the most significant opportunities for photovoltaics in the

future is the cost reduction of high-efficiency batteries, especially de-metallization. Since applying for the first invention patent of non-main grid technology in 2014, the team has obtained four authorized inventions and applied for more than 30 inventions. In 2022, the company completed the world's first certification of 210 non-main grid heterojunction battery modules, and was awarded the German TUV Rhine certificate.

No main gate is the only way to reduce the cost of heterojunction. Ultra-large and ultra-thin silicon wafers, silver reduction and silver-clad copper all need no main gate technology support. In 2022, for the first time, Zhongneng achieved the reliability verification of ultra-thin heterojunction battery modules with a size of 210 mm and a thickness of 95 μm. The 210 large-size stacked thin silicon wafer, coupled with the new non-main gate heterojunction battery module technology, brings more outstanding battery power performance and higher wattage module technology and design platform in a larger area, which will significantly reduce the cost of electricity, and is fully compatible with future photovoltaic technology, which will provide customers with more choices and applications in more scenarios.

Zhongnengchuang is the first company in China and the second company in the world to master the technology without main grid, and is also the first leading photovoltaic company in China to realize the commercial shipment of this technology. Since November 2022, commercial sales of household, curtain wall and industrial and commercial projects in Changsha, Changzhou and Suzhou have been completed. Compared with the traditional technology, the empirical attenuation of Zhongneng products is lower, and the power generation is increased by more than 10%. After participating in exhibitions in Japan, Hungary and Shanghai

, Zhongnengchuang's new products were highly favored by European and Japanese customers, which also triggered the industry to choose the "no main grid" technology route. At the SNEC exhibition, Zhongnengchuang provided more than 10 partner enterprises with non-main gate heterojunction products to jointly promote the development of the industry. It is believed that with the common development of heterojunction upstream and downstream, more and more customers will choose the route of heterojunction and no main gate.

In addition to de-metallization technology, Zhongnengchuang also continues to focus on customer customization needs. At present, the printing technology of Zhongneng Chuang, which does not affect the efficiency of power generation, has been applied in Meizhou, Guangdong. Through the combination of standard components and printing components, the brand identity of customers is presented, which gives more meaning to the power station.

According to the statistics released by the International Renewable Energy Agency (IRENA) in 2021, the cumulative installed capacity of photovoltaic power generation in the world has exceeded 13000 GW. It is estimated that by 2030, the global installed capacity of photovoltaic power generation is expected to reach about 40000 to 50000 GW. As a clean and environmentally friendly new energy, photovoltaic industry has broad prospects for development in the future.

Zhongnengchuang has always adhered to technological innovation and product research and development, improved product quality and performance, continuously expanded business areas, carried out global cooperation, accelerated the industrialization process, and promoted green and low-carbon development. At the beginning of 2023

, Zhongnengchuang invested 100 million yuan near the high-speed railway station in Xinbei District of Changzhou to establish Zhongnengchuang low-carbon new energy, and built a 600 MW world-leading production line of non-main grid heterojunction battery modules, which will soon provide product support for global customers. The company said that at present, Changzhou New North Production Line has been put into production, relying on the excellent R & D capability and execution ability of Zhongneng Chuang, with the support of capital, 5G W superior production capacity will be landed soon, no main grid (0BB) heterojunction will enter mass production in an all-round way, believing that the transformation of heterojunction industry is coming.

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Zhongnengchuang focuses on the next generation of heterojunction battery technology, using the "no main grid" technology to make a breakthrough in the bottleneck problem of "de-metallization".

2023-06-20 18:05:11