Zhongneng Lithium Battery Technology Taizhou
China's leading integrated service provider of lithium battery energy storage systems; committed to providing global customers with high-performance, leading-edge energy storage products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | Series B | |
| Total Funding | 000k | ||
Established in October 2018, Zhongneng Lithium Battery Technology Taizhou Co., Ltd. operates in the green energy sector, specializing in customized lithium battery applications and solutions. The company was founded by Qin Jiayi, who holds a background from both East China University of Science and Technology and Budapest University of Technology and has nearly two decades of experience in overseas business development and over ten years in the new energy storage field. His international experience has been instrumental in shaping the company's global strategy.
Zhongneng Technology provides a range of products and services, including power lithium batteries, energy storage lithium batteries, and comprehensive lithium battery power systems. The firm serves a global clientele, offering customized solutions for residential, commercial & industrial, and utility-scale energy storage systems. As an officially authorized "system integrator" for CATL (Contemporary Amperex Technology Co. Limited), its products are utilized in various applications like forklifts and energy storage, reaching over 30 countries and regions. The business model is centered on providing tailored, high-performance energy storage products. Revenue is generated through the sale of these customized battery systems and solutions.
The company's core offering is the development of LiFePO4 (lithium iron phosphate) energy storage battery systems. Since its inception, Zhongneng has focused its research and development on this technology, creating modular designs that are compatible with various energy storage inverters and equipment on the market. This allows them to deliver "one-stop" energy storage solutions for diverse scenarios, including power supply-side, centralized renewable energy integration, grid-side applications, and user-side needs. To meet growing market demand, the company has established a 25,000 square meter smart manufacturing facility with an annual production capacity of 1.2 GWh. The firm has secured multiple rounds of funding, including an A round in July 2021 for $5.41 million, an A+ round in July 2022 for 96 million RMB, and a Series B in April 2023.
Keywords: lithium battery solutions, energy storage systems, LiFePO4 batteries, green energy, battery system integration, residential energy storage, commercial and industrial storage, utility-scale storage, CATL system integrator, customized battery products, power lithium batteries, Qin Jiayi, battery module development, smart manufacturing, renewable energy integration, grid-side solutions, energy storage inverters, modular battery design, global power solutions, clean energy technology