Zhaoqing aims at a trillion-dollar new track, and the new energy storage industry is getting ready to take off

Zhaoqing aims at a trillion-dollar new track, and the new energy storage industry is getting ready to take off

Invest in Zhaoqing 2024-05-17 15:11 Guangdong, China

The new energy storage industry has a vast market and huge development potential. This is also a trillion-dollar industry that Zhaoqing seizes the opportunity and strives to build. At present, a number of companies such as Ruiqing Times, Xpeng Motors, Leoch Power Supply, Leoch Battery, Fenghua New Energy, Jiatuo Automation, Zhaoyang Equipment, Jinsheng New Energy and other companies have rushed to establish their presence in Zhaoqing. The industrial scale has grown rapidly and the industrial cluster has begun. Formed, the new energy storage industry is getting ready to take off.

Statistics show that in 2022, there will be 23 enterprises in the new energy storage industry in Zhaoqing that are above the designated size, achieving an output value of approximately 30.4 billion yuan;

By 2023, these two figures will have become 41 companies and 48.4 billion yuan respectively, a year-on-year increase of 78% and 59% respectively.

As of now, there are 48 new energy storage enterprises in Zhaoqing that are above the designated scale, and from January to March this year, the industrial output value was 7.5 billion yuan.

Zhaoqing’s new energy storage industry has emerged as a “unicorn”

This year, on April 9, 2024, Guangdong Jinsheng New Energy Co., Ltd. was listed on the "2024 Global Unicorn List" released by Hurun Research Institute, achieving "zero breakthrough" among Zhaoqing's native unicorns.

△Picture source Guangdong Jinsheng New Energy Co., Ltd.

Zhaoqing’s new energy storage industry is getting ready to take off

Here is CATL, the leading lithium battery company.

As a wholly-owned subsidiary of CATL, Guangdong Ruiqing Times New Energy Technology Co., Ltd. (hereinafter referred to as "Ruiqing Times") located in Zhaoqing High-tech Zone held a commencement ceremony for the second phase of the lithium-ion battery production project in December last year. After completion, Ruiqing Times will become the province's first energy storage base covering the entire chain of energy storage products from battery cells to electrical boxes, electrical cabinets and containers.

△The opening ceremony of the second phase of the Ruiqing Times lithium-ion battery production project. 

Since CATL settled in Zhaoqing, it has given full play to the "banyan tree effect" and attracted a number of upstream and downstream energy storage battery companies such as Putilai, Zhaoyang Equipment, Minglida, and Zhenyu Technology. Recently, Zhaoqing Dawang Industrial Transfer Industrial Park was listed as a provincial characteristic industrial park in 2023 with the initial formation of a new energy storage characteristic industry cluster. At present, there are 16 industrial enterprises in the new energy storage industry in the park.

The first commercial operation in the province

The independent energy storage power station on the grid side is also in Zhaoqing.

There is also Zhaoqing Leoch Power Technology Co., Ltd., a national specialized and new "little giant" that has laid out new energy storage projects as early as 2018. It is also a "general" of Zhaoqing Dawang Industrial Transfer Industrial Park.

△Zhaoqing Leoch Power Technology Co., Ltd. Picture source Zhaoqing High-tech Release

It is reported that Leoch Power's new energy storage projects include solar panels, inverters and lithium batteries. The product forms include portable energy storage, home energy storage, industrial and commercial energy storage and container energy storage systems. They are mainly sold to Europe, America, Asia, Africa and Latin America. . The relevant person in charge of Leoch Power said that the company will next develop battery cells and continue to optimize performance and cost. At the same time, it will consider independently developing battery management systems to further enhance user experience and better adapt to market demand.

The new energy storage industry has achieved new investment speed.

This year, in January 2024, the Hydrogen Blue Technology South China Headquarters and Hydrogen Fuel Cell R&D and Production Base project with an investment of 1 billion yuan was officially signed. It only took one month from the beginning of negotiation to the formal signing, setting a new speed in Duanzhou's investment promotion work.

Hydrogen energy shared bicycles launched by Hydrolan Technology in Duanzhou, Zhaoqing. 

Hydrogen Blue Era was established in 2018. Adhering to the concept of "'hydrogen' comes from blue and green (hydrogen) comes from blue, leading the era of hydrogen energy", it has opened up the "membrane electrode - stack - fuel power system - power assembly" The technical bottleneck of the whole chain of hydrogen energy application end, product forward development capabilities and core technical indicators have reached the industry-leading level. The hydrogen blue project will be constructed in two phases. After the two phases of the project reach full production, it is expected to achieve an annual output value of 5 billion yuan.

Taking advantage of the industry's "turbulence", Zhaoqing aims at a new trillion-dollar track

The core industry of new energy storage in Zhaoqing is in the midstream, mainly electrochemical energy storage. At present, the entire industrial chain is constantly improving, the industrial innovation platform is steadily increasing, the industrial direction is accurately positioned, the industrial layout is reasonably optimized, and the industrial chain enterprises are becoming bigger and stronger.

△The test drive field in the Xiaopeng Motors production base. 

According to reports, Zhaoqing City has launched 40 projects related to the energy storage industry chain, with a planned investment of about 34.3 billion yuan, 23 projects related to the energy storage industry chain with an investment of more than 100 million yuan, and 12 projects that have been put into production or partially put into production.

Taking advantage of the industry's "turbulence", in January this year, Zhaoqing issued the "Zhaoqing City Action Plan to Promote the High-Quality Development of New Energy Storage Industry (2023-2025)", which clearly stated that it will vigorously develop energy storage lithium batteries and systematically layout sodium-ion batteries, hydrogen New directions for energy storage, flow batteries and other industries will promote the high-quality development of our city’s new energy storage and energy electronics industries. At present, Zhaoqing is accelerating the joint construction of the energy storage battery industry cluster on the west bank of the Pearl River Estuary, insisting on integrating the power supply side, the grid side, and the user side, enriching and expanding the large-scale application scenarios of new energy storage, and actively promoting a number of high-efficiency, low-cost storage batteries. energy technology, and strive to build the city's new energy storage industry ecosystem into a highland for the development of the new energy storage industry by 2027 with an annual output value exceeding 100 billion yuan.

Next, Zhaoqing will continue to optimize its industrial layout, improve the manufacturing level of new energy storage batteries, expand and improve energy storage industry equipment and components, increase the research and development and application of new technologies and new products, and at the same time, target leading enterprises to attract investment and accelerate projects under construction. Construction, focusing on building an important new energy storage industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area.