Yuanjing Group announced strategic partnerships with over ten leading domestic energy storage integration companies for battery cells, with a total agreement scale exceeding 40GWh. According to the agreement, this batch of energy storage cells will be supplied by Far East Power, a battery technology enterprise under Far East Group. Downstream partners include important industry enterprises such as Xinyuan Intelligent Storage, Kunyu Power, Wotai Energy, Haide New Energy, and Cairi Energy.

Against the backdrop of the continuous and rapid expansion of new energy installed capacity, the pressure of peak shaving and supply guarantee in the power system is becoming increasingly prominent. The development of safe and efficient new energy storage has become an urgent need to build a new type of power system. In the future, energy storage products that can adapt to high-frequency calls and long-term operation will increasingly become a rigid choice in the market.

Energy storage batteries, as the core component of energy storage systems, typically account for about 60% of the total system cost. Yuanjing Power has established significant technological barriers and competitive advantages through its full stack self-developed capabilities from battery cells to systems, as well as deep collaboration between software and hardware.

On the one hand, Far East Power has established 13 battery super factories worldwide, providing a solid battery cell supply chain guarantee for its energy storage business. This vertical integration capability greatly enhances its market competitiveness. On the other hand, the company is also the earliest enterprise in the industry to achieve mass production of high-capacity energy storage cells with a capacity of over 300 ampere hours and over 500 ampere hours, continuously leading the technological evolution of the next generation of battery cell products.

With the development of energy storage power stations towards scale and intensification, high-capacity battery cells and highly integrated system solutions have become the key for enterprises to seize market opportunities. Since 2021, Yuanjing Power has successively launched multiple high-capacity battery cell products such as 305 ampere hours, 315 ampere hours, and 350 ampere hours, becoming the earliest enterprise in the world to develop, mass produce, and scale up the application of energy storage batteries with a capacity of over 300 ampere hours.

Thus, Far East Power has become the first enterprise in the industry to achieve mass production of 500 ampere hour or above battery cells, further consolidating its leading position in the field of large battery cells.

According to statistics, as of now, Far East Power has supplied over 50 gigawatt hours of battery cells to top international energy storage integrators such as Fluence and Nidec, which are widely used in more than 300 energy storage projects in over 20 countries worldwide. In 2024, the company's overseas shipment volume of energy storage batteries ranked third in the world, demonstrating strong international market competitiveness. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website new energy column editor/Yang Beihua