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Battery companies look at the trillion energy storage market and the expansion competition has begun

 Last Update: 2023-01-04
 Source: Internet
 Author: User

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【Chemical Machinery and Equipment Network Market Analysis】According to the forecast of Everbright Securities, by 2025, China's energy storage investment market space will reach 0.
45 trillion yuan, and increase to about
1.
3 trillion yuan in 2030.
Fancy this attractive "big cake", battery industry chain companies in the field of energy storage frequently move:

Recently, Pioneer Intelligent signed a cooperation agreement with Baofeng Yuneng, a subsidiary of Baofeng Group, to provide it with a 20GWh lithium battery line + module PACK overall solution, helping Baofeng build the industry's largest single energy storage battery production base
.

It is reported that in the first phase of cooperation, Pioneer Intelligent will provide 20GWh complete line of smart factory solutions, including pilot and mass production line battery production line, module and PACK production line, CTP new battery production line, intelligent warehouse three-dimensional storage system, intelligent logistics transportation system and MES production execution system, and the production line equipment covers the overall process section
from coating to module/PACK.
In addition, the two parties will reach more in-depth cooperation
on the subsequent 200GWh energy storage battery factory.

Battery Alliance learned that Baofeng Group announced its entry into the field of energy storage at the end of 2021, and plans to invest 96.
4 billion yuan in Ningxia to build energy storage industry chain projects, including lithium battery material production, battery cell manufacturing and assembly systems, photovoltaic power station manufacturing, etc.
, which will supply energy for the production of energy storage batteries through photovoltaic power generation, realize the upstream and downstream of the industrial chain, and build a green energy storage production system
.

Pioneer Intelligent has been deeply engaged in the field of intelligent equipment for many years, relying on the accumulation of technology in lithium battery equipment, actively expanding the field of energy storage, forming a complete solution for energy storage battery equipment, and leading the industry in the efficiency of the whole line
.
Up to now, Pioneer Intelligence has delivered nearly 60GWh of energy storage lithium battery lines for industry customers, which has effectively promoted the promotion and use
of energy storage batteries in various application scenarios.

In addition, in May this year, Midea also increased its energy storage business, planning to enter CLOU Electronics
by 2.
2 billion.

The market space of the energy storage industry is huge

Energy storage refers to the process
of storing energy through a medium or equipment and releasing it when needed.
According to the energy storage mode, energy storage can be divided into physical energy storage, chemical energy storage, electromagnetic energy storage, etc
.
Among several, electrochemical energy storage has the most development potential
.

Electrochemical energy storage mainly includes lead-acid batteries, lithium-ion batteries, sodium-sulfur batteries, flow batteries, etc.
, among which lithium-ion batteries have the largest
cumulative installed capacity.

In recent years, with the support of domestic policies and the decline in the cost of lithium batteries, the development of energy storage, especially in the field of
electrochemical energy storage, has been driven.
Since last year, the state has issued a number of documents on accelerating the development of the energy storage industry:

In July last year, the National Development and Reform Commission and the National Energy Administration jointly issued the "Guiding Opinions on Accelerating the Development of New Energy Storage", proposing: by 2025, new energy storage such as lithium-ion batteries will be transformed from the initial stage of commercialization to large-scale development, with an installed capacity of more than 30 million kilowatts; By 2030, the comprehensive market-oriented development of new energy storage will be realized, and new energy storage will become one of the
key supports for carbon peak and carbon neutrality in the energy field.

At the end of 2021, the National Energy Administration said that it would promote the large-scale development of new energy storage during the "14th Five-Year Plan" period, and promote the organic integration and coordinated development
of all links of new energy storage and new power systems.

On June 1 this year, the National Development and Reform Commission and other nine departments issued the "14th Five-Year Plan" for renewable energy development, which proposes to develop high-energy-density energy storage technologies
such as reserve sodium-ion batteries, liquid metal batteries, solid-state lithium-ion batteries, metal-air batteries, and lithium-sulfur batteries.

On June 7 this year, the National Development and Reform Commission and the National Energy Administration jointly issued the Notice on Further Promoting the Participation of New Energy Storage in the Electricity Market and Dispatching and
Application.
The Notice requires that the positioning of the new energy storage market be further clarified, and relevant market mechanisms, price mechanisms and operation mechanisms be established and improved, so as to improve the utilization level of new energy storage and guide the healthy development of
the industry.

Deppon Securities Research Report pointed out that it is expected that by 2025, the new installed capacity of lithium battery energy storage in China's power system is expected to reach 64.
1GWh, with a five-year compound growth rate of 87%, and the total market space during the "14th Five-Year Plan" period is about 230 billion yuan
.

Battery is the core component of the entire energy storage system, and head battery companies such as CATL, EVE Lithium Energy, and Envision Power are increasing their investment
in energy storage business.
Since the beginning of this year, the expansion projects in the field of energy storage have continued one after another:

Battery companies are scrambling to expand production

On January 10, Penghui Energy Liuzhou Intelligent Energy Storage and Power Battery Manufacturing Base Project officially laid the foundation, which will build a domestic first-class energy storage and power lithium battery intelligent manufacturing plant;

On February 8, Lishen Battery Chuzhou Base Project started construction, with a total investment of 15.
2 billion yuan, with a planned annual output of 36GWh power batteries and energy storage batteries;

On March 21, Envision Power signed a cooperation agreement with the People's Government of Shiyan City, Hubei Province, under which Envision Power will build a zero-carbon intelligent battery industrial park in Shiyan City, with a planned total production capacity of 40GWh, to produce the latest generation of power batteries and energy storage battery products.

On March 17, Sunwoda Automotive Battery, a subsidiary of Sunwoda, intends to sign an investment agreement with the Shifang Municipal Government of Sichuan Province
.
The total investment of the project is planned to be 8 billion yuan, and it is planned to build a 20GWh power battery and energy storage battery production base;

On March 30, Tianneng announced that the company intends to invest in the construction of a 15GWh energy storage and power lithium battery project
with an annual output of 583 mu of new land in Changxing Subdistrict, South Taihu Industrial Cluster, Huzhou City, Zhejiang Province.
The total investment of the project is expected to be about 5.
17 billion yuan, and it is expected to be completed and put into production in 2025;

On April 21, CATL announced that it plans to invest in the construction of Xiamen Times New Energy Battery Industry Base Project in Xiamen, Fujian Province, to build a power battery system and energy storage system production line, with a total investment of no more than 13 billion yuan;

On April 27, EVE Energy announced that the company or its designated subsidiaries will invest in the construction of a 50GWh power energy storage battery production base and Chengdu Research Institute
in two phases.
The total investment of the project is 20 billion yuan, of which the first phase investment is 10 billion yuan, including the 20GWh power energy storage battery production base and the first phase of the research institute; The second phase of investment of 10 billion yuan, including 30GWh power energy storage battery production base and the second phase of the research institute;

On the evening of May 17, EVE Lithium Energy announced that the company plans to invest in the construction of a 10GWh power energy storage battery project lithium battery production project in Yuxi City, Yunnan Province, with a planned investment of 3 billion yuan;

On the evening of June 8, EVE announced that it plans to invest in the construction of a 10GWh power energy storage battery project in Qujing City, Yunnan Province, with a total investment of about 3 billion yuan
.

On June 9, energy storage battery system provider Pineng Technology released a fixed increase plan, raising no more than 5 billion yuan, and the net funds raised are intended to be used for 10GWh lithium battery R&D and manufacturing bases and other projects
.

On June 10, Brilliant Technology announced that the company signed a cooperation framework agreement with the People's Government of Lankao County, Kaifeng City, Henan Province on June 8, and the two sides will establish a strategic cooperative relationship around the construction of a comprehensive energy storage demonstration center and energy storage equipment production base.

It is conceivable that in the future, more battery companies will focus on energy storage, and the competition in related industries will become increasingly intense!

Original: Battery companies look at the trillion energy storage market and the expansion competition has begun

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