Shanghai Meikesheng Energy Storage Technology

Shanghai Meikesheng Energy Storage Technology Co., Ltd., which markets itself as makesense-energy, is a digital energy and storage safety company established in January 2018. The firm was co-founded by Wei Qiong, who serves as chairperson, and Professor Yan Xiao, who is the chief scientist. Wei's background includes a tenure at the State Grid Corporation of China and the Shanghai Municipal Electric Power Company, where she contributed to the "13th Five-Year" power plan. Professor Yan, a physicist with nearly four decades of experience in physical detection, was a student of Nobel laureate Tsung-Dao Lee and returned to China after years of research in the United States, including at the University of Pennsylvania. Their combined expertise in power grid operations and fundamental battery science forms the company's foundation.

The company's business model transitioned from initially focusing on diagnostic software and hardware for battery safety to becoming a distributed new energy aggregation service provider that invests in and operates photovoltaic and storage power stations. Its revenue streams are diversified across safety services, system integration, asset investment, and value-added aggregation services. The company serves a broad clientele that includes over 30 Fortune 500 companies, such as the State Grid, major power generation groups like China Huaneng, and China Petrochemical. Initially targeting large-scale energy storage stations, makesense has expanded its reach to various sectors including industrial and commercial distributed photovoltaics, smart campuses, and urban charging stations.

makesense-energy provides solutions for the entire lifecycle of batteries, focusing on safety and efficiency. A core offering is its Prognostic and Safety System (PSS), a battery pre-diagnostic technology that utilizes electrochemical models and AI to monitor the internal micro-physical state of batteries. This system can reportedly provide warnings up to 15 days in advance of a potential safety incident, and has been shown to extend the life of power stations by approximately 20%. In addition to its safety diagnostics, the company offers a range of hardware including integrated and commercial energy storage products. The company has achieved significant milestones, including becoming a unicorn enterprise in 2022 after multiple financing rounds and receiving backing from prominent investors like National Green Development Fund, GGV Capital, and Legend Capital.

Keywords: energy storage safety, battery diagnostics, digital energy services, distributed energy resources, photovoltaic power stations, battery management systems, prognostic safety system, electrochemical modeling, system integration, asset management, green energy solutions, unicorn, Wei Qiong, Yan Xiao, li-ion battery safety, energy asset operation, smart grid, charging stations, renewable energy integration, energy technology