E-MAIL
On October 11, Suggestions on Promoting Energy Storage Technologies and Energy Storage Industry was officially released to the public. According to it, energy storage is of strategic importance in China’s energy industry. In the next decade, China will take two steps to realize its transition from development of energy storage technologies to initial commercialization and from initial commercialization to mass production.
It is pointed out that China has already laid a solid foundation for its energy storage industry. In order to build a modern energy industry chain featuring clean energy, high efficiency, high safety standards and low carbon emissions, China will put great emphasis on developing and promoting energy storage technologies.
As an indispensable part of new energy industry, energy storage is playing a fundamental role in new energy vehicle industry, intelligent power grid, mini power grid, distributional energy system, and family energy storage.
Statistics show lithium batteries accounted for 50% of the newly added energy storage solutions in 2016. It is expected that by 2025, lithium batteries will play a predominant role in the global energy storage industry, accounting for 80% of the total stored energy.
Currently, Yinlong lithium titanate batteries, which have been widely used on new energy buses, boast a series of advantages compared with the other batteries. Despite its comparatively high price, they achiever a much longer lifespan. Taking all these into consideration, Yinlong lithium titanate batteries can cut operating costs by 50%-85% in comparison with normal batteries. So far, Yinlong lithium titanate batteries have been constantly gaining popularity. Besides, Yinlong has participated in the making of energy storage battery standards together with South China Power Grid. It has also built Shenzhen Baoqing Energy Storage Power Station and Zhangbei Wind & Solar Energy Storage Pilot Project.
Apart from industrial energy storage, Yinlong lithium titanate batteries have been widely used in electric vehicles, energy storage products for family use, bullet trains, etc.
Many market insiders speak highly of Yinlong lithium titanate batteries, saying China’s energy storage market is going to witness an explosive growth in 2018 and 2019 thanks to the much lowered production costs of lithium batteries and constantly increasing production capacity of lithium batteries.
While continuing to develop high-quality and internationally competitive batteries to strengthen its core competitiveness, Yinlong has been gradually expanding its business to electric buses, electric passenger vehicles, energy storage sectors, further diversifying its business line.()