Polaris Energy Storage Network learned that on the evening of August 19, China Power issued an announcement announcing the establishment of a joint venture with Beijing Haibo Stron Technology Co., Ltd. to establish a new source intelligent storage company, which officially entered the energy storage industry.

     Xinyuan Intelligent Storage Company is a brand-new platform. Its business positioning focuses on the development, investment and EPC (design, procurement, construction, etc.) of energy storage power station projects, the research and development and integration of the entire station equipment, and the design and integration of energy storage power station control systems. R&D, power station operation services, and development of core technologies such as data monitoring, data mining, data analysis technology, information security technology, and energy aggregation scheduling (virtual power plant) for the operation platform of energy storage power stations.

      In terms of future planning blueprints, Xinyuan Intelligent Storage Company has sufficient confidence to win one GWh capacity energy storage project within half a year after its establishment this year, becoming the industry's first increase in energy storage, and it will take about 2 years. Time to achieve the landing of a national-level energy storage innovation research and development center, and form a core technology system and a standard system.

　　According to Polaris Energy Storage Network, on August 4, He Yu, Chairman of the Board of Directors of China Power and Chief Engineer of SPIC New Energy, met with Tan Libin, Senior Vice President of Ningde Times and his party. China Power stated that it is rapidly advancing the transformation and development, and is market-oriented, actively developing energy storage and green power transportation. At the same time, it has established a professional company that masters the core technology of energy storage integration and is committed to building a number of energy storage demonstration projects.

　　 He Yu, a Chinese electrician, pointed out that micro-grid, intelligent, distributed and energy storage are important features of the new power system in the future. Energy storage, as an important pole, has broad market space and development prospects. He believes that the two parties can give full play to their respective professional advantages, follow the market development direction, do a good job of industrial docking according to market demand, innovate cooperation models, efficiently and quickly promote the implementation of energy storage cooperation projects, mutual benefit and win-win, and open up a broader space for cooperation.