On June 26, Xiamen and Energy Storage Technology Company signed a cooperation contract with Xiamen Torch High-tech Zone and Tong'an District Government. According to the signed agreement, the company will invest 4.8 billion yuan in Xiamen to build the third generation energy storage system integration research and development, manufacturing base and headquarters building.
"The company's vision for the future is to serve the energy production revolution." In his speech, Dr. Lin Weixing, chairman of Hechu Energy, said that the company's name "Hechu" has two implications, one is that we are an energy storage company "serving carbon neutrality", the other is that we hope that the company can "live in peace" with the industrial ecology and natural environment in its development.
The new energy industry is one of the five strategic emerging industries in Xiamen's "14th Five-Year Plan". Dr. Lin said that Xiamen has initially formed a lithium battery industry cluster effect, relatively lacking in system integration links. This is also one of the reasons why he chose to settle in Xiamen.
Established in 2021, it focuses on the integration and application of large-scale energy storage systems such as power generation side and grid side, and its Foshan plant has achieved mass production. Dr. Lin Weixing, founder and chairman of Energy Storage, is an expert in the national talent plan. His first multi-level flexible energy storage technology has unique advantages in large-scale energy storage projects on the power generation side and grid side, and has won six national invention patents. Up to now, the company has won about 70 million yuan of energy storage system integration projects such as China Southern Power Grid. After settling in Xiamen, it will continue to make efforts in forward-looking technology research and development, personnel training and market expansion.
According to the plan, by the end of October 2023, the first phase of transitional plant construction is expected to be completed, supporting an annual output value of 1.5 billion. Dr. Lin made it clear that after the development and growth of Xiamen, the company will actively assist Xiamen in introducing more new energy industry collaborators and assist Xiamen in cultivating new energy industry talents.
At the signing ceremony held on June 26, Hechen Energy Storage also signed cooperation agreements with Xiamen Branch of Agricultural Bank of China, Xiamen Branch of CITIC Bank and its partners in the industrial chain.
It is reported that up to now, and energy storage has won about 60 million yuan of energy storage system integration projects such as China Southern Power Grid, the main customers are Hebei Construction Investment, South Grid Energy Storage, South Grid Energy, PetroChina, Three Gorges Science and Technology, etc.
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