Energy storage integrators are being occupied by state owned enterprises step by step

Energy storage integrators are being occupied by state-owned enterprises step by step

On January 16, 2024, China Electrical Equipment officially disclosed that it plans to establish an energy storage subsidiary in Shanghai, with the development goal of building a leading enterprise in the energy storage business of central enterprises and shaping the flagship brand of energy storage in China's electrical equipment.

China Electrical Equipment Group Energy Storage Technology Co., Ltd. is a holding subsidiary of China Electrical Equipment, which is reorganized and established on the basis of Dianke Energy Storage under Xu Ji Group, Energy Storage Technology under Pinggao Group, and Electrical Times under Shandong Electric Electric, and is planned to be registered in Shanghai.

Why? In fact, before 2022, Hyperstron is undoubtedly the leader of energy storage integration, and private enterprises in the field of energy storage integration are the first to grow rapidly, and private enterprises related to photovoltaics, electromechanical, batteries and other related enterprises are rapidly expanding energy storage business. Due to the low content of technical requirements for energy storage integration, a set of energy storage integration design is carried out after raw materials are mined, and the product is basically completed in several integrated production lines. So in 2021-2022, the number of energy storage integrators has grown crazy and doubled.

But last year in 2023, in this situation of fierce competition in both photovoltaic and energy storage, some problems and opportunities were exposed.

For the big prince (pick up what can be said):

1. Do you have any core products? For example, battery cells, PCS, etc

2. Do you have a tough relationship? For example, five large, six small, two networks, two construction, etc

3. Can you carry out industrial replacement? For local ** taxes

So, since you can be the energy storage leader, why can't my country's central enterprises be their own? Can our five major power generation groups invest in energy storage (Datang New Energy, Huadian New Energy, Fusion Leasing) and set up energy storage subsidiaries (Fusion Yuan Storage, Xinyuan Intelligent Storage) to specialize in integration? Can my two networks engage in energy storage integration (Guodian NARI, China Southern Power Grid Technology) and get grid-connected access? Can I engage in energy storage design and construction (East China Institute of Power Construction, Shandong Power Construction)? Coupled with three barrels of oil, electrical equipment, CRRC, etc., which volume and gold content can you compare?

Moreover, in the context of the current recession in most industries, under the development of photovoltaics, energy storage has become a broad road for state-owned enterprises to explore transformation and development, and landing on the beach is the top priority.

Back to the figure at the beginning, in 2023, the top 20 lithium battery energy storage system integrator projects will be ranked in the top 20, a total of 11 subsidiaries of state-owned enterprises, and the first CRRC Zhuzhou is the first fault. If you are interested, you can learn when CRRC Zhuzhou started, developed, and carried out project operations, so I won't say it here. Coupled with the restructuring of the energy storage business of China Power Equipment Group, it is expected to compete with CRRC.

In the next few years, perhaps in order to become a state-owned enterprise to master most of the large storage integration projects, private enterprises with their own core technologies can also compete in the integration sector, while some uncompetitive energy storage companies will sink into the industrial and commercial energy storage sector to compete.

The pattern will be basically formed in the next one to two years, you can vote for the top ten manufacturers of energy storage systems in your mind, welcome to leave a message! Finally, a list of 117 central energy storage companies is attached.

Happy New Year and 2024 Year of the Dragon! ）