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The first production line of the energy storage battery project of Lin Yang Energy Joint Venture was put into operation

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

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【Chemical Machinery and Equipment Network Star Enterprise】On November 18, Lin Yang Energy (601222.
SH) announced that on November 18, 2022, the first production line of the 10GWh energy storage battery project jointly funded by the company and Hubei EVE Power Co.
, Ltd.
("EVE Power"), a wholly-owned subsidiary of Huizhou EVE Lithium Energy Co.
, Ltd.
("EVE Power"), has completed equipment installation and commissioning and officially put into operation
。 The project has a total of three production lines, which will be commissioned and put into operation
one after another.

According to the data, in June 2021, Lin Yang Energy and Hubei EVE Power Co.
, Ltd.
, a subsidiary of EVE Lithium Energy Holdings, jointly invested in the establishment of Jiangsu EVE Linyang Energy Storage Technology Co.
, Ltd.
, of which EVE Holdings 65% and Lin Yang participated 35%, and the two parties invested no more than 3 billion yuan to build a lithium iron phosphate energy storage battery production base with an annual production
capacity of 10GWh.

Lin Yang Energy has been laying out the field of energy storage since 2015, accumulating rich and reliable project experience in a number of application fields, and in recent years, the company has seized the explosive growth opportunities in the industry and accelerated the promotion of energy storage business
。 In September 2020, Lin Yang and EVE jointly invested and established Jiangsu Linyang EVE Energy Storage Technology Co.
, Ltd.
, of which Lin Yang holds 85% and EVE participates 15%, the joint venture company mainly focuses on new energy generation supporting energy storage, user-side energy storage, user-side optical storage system, peak regulation frequency regulation energy storage system and other application scenarios, to provide customers with "high safety, long life, high efficiency, low attenuation, intelligence, high yield" lithium iron phosphate large-capacity energy storage system solutions
.

It is worth noting that Linyang EVE Energy Storage Company focuses on advanced system design and integration technology of energy storage, builds a large-scale energy storage battery module (PACK) manufacturing and energy storage system integration base, and has formed the first large-scale energy storage PACK flexible automatic production line of 1.
5GWh
.

Since the beginning of this year, the promotion of Lin Yang Energy in the energy storage business has been further accelerated
.
According to relevant personnel within Lin Yang, as of the end of the third quarter, the company has accumulated more than 4GWh of reserve energy storage project resources, and strives to achieve the business goal
of building a cumulative energy storage system of not less than 5GWh in the next three years.
Since the beginning of this year, Lin Yang Energy has successively announced that it has won a number of orders for energy storage equipment and system integration projects
.
According to incomplete statistics, the total amount of the announced winning bid reached 774 million yuan
.

The commissioning of this project will help the company continue to expand the system integration business of the energy storage sector, make full use of the advantages of upstream resources, ensure stable supply channels, achieve complementary advantages and reasonable allocation of resources, and enhance the company's comprehensive competitiveness
.
The company will continue to focus on the implementation of the country's major strategic decisions on carbon peaking and carbon neutrality, accelerate the development of new energy and energy storage business, and help the efficient use of social resources and green and low-carbon development
.

Original: The first production line of the 10GWh energy storage battery project of Lin Yang Energy Joint Venture was put into operation

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