Tianjin Huazhi Energy Technology
A provider of energy storage system products and solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | CNY200m | Series A | |
| Total Funding | 000k | ||
Tianjin Huazhi Energy Technology Co., Ltd., which also operates as Hefei Huazhi Energy Technology Co., Ltd., was established in 2022 and is headquartered in Hefei, China. The company focuses on the research and development, production, sales, and servicing of battery energy storage systems (BESS). Its founding team is composed of industry experts, scientists, and senior engineers with over 15 years of global experience in energy storage, photovoltaics, wind power, and artificial intelligence.
Huazhi Energy provides a comprehensive range of energy storage solutions and core equipment, targeting the commercial and industrial (C&I) sectors. The company serves a diverse client base that includes industrial parks, new energy charging stations, factories, and commercial centers, primarily within the Chinese market. Its business model revolves around the sale of its energy storage products and the provision of full-service support, which encompasses technical design, project implementation, and post-installation maintenance. Revenue is generated through the direct sale of its systems and solutions, with financing rounds in February and November 2024 indicating investor confidence from firms like DPH Capital and Chilwee.
The company's flagship product is the "Ener-Box," an all-in-one cabinet designed for C&I energy storage applications. This system integrates self-developed Power Conversion Systems (PCS), Battery Management Systems (BMS), and Energy Management Systems (EMS). A key feature of the Ener-Box is its ability to facilitate peak shaving, where it charges during low electricity price periods and discharges during high-price periods to generate cost savings for users. The system also supports demand response, can increase grid capacity dynamically, and serves as an emergency backup power source. Furthermore, it can be integrated with photovoltaic (PV) systems and diesel generators to create stable micro-grids in areas with unreliable power. By the first half of 2024, the company had deployed over 2,200 installations across more than 478 stations.
Keywords: energy storage solutions, battery energy storage systems, C&I energy storage, peak shaving, power conversion systems, energy management systems, micro-grids, demand response, new energy, photovoltaic integration