Zhonghai Energy Storage has successfully completed a fresh round of funding, with Ant Group at the helm. The proceeds from this investment will be strategically allocated towards technological research and development, as well as the expansion of production capabilities. Zhonghai Energy Storage is a pioneering enterprise in the field of iron-chromium flow battery technology, dedicated to addressing the challenges associated with integrating renewable energy into the grid. Its innovative products have been recognized nationally and included in the prestigious list of major technical equipment.

Recently, the company achieved a significant milestone by securing the bid for the 50MW/300MWh energy storage project in Huiyang District, which boasts a total investment of approximately one billion yuan. Looking ahead, Zhonghai Energy Storage aims to enter a full-scale industrialization phase by 2025. This ambitious goal encompasses signing contracts worth billions of yuan, enhancing the industrial layout, and achieving a production capacity exceeding 2GWh.