Since its establishment, EN01 energy storage has achieved large-scale mass production and delivery from 0 to 1 in less than 5 years, and has made substantial progress in product innovation, capacity deployment, and market development at home and abroad. Stepping into the track of rapid development of energy storage industry.
Under the goal of carbon neutrality, energy storage, as an important support for promoting the reform of the energy system and building a new power system, is entering the fast lane of rapid development.
The industry predicts that by 2025, the global energy storage lithium battery shipments will reach 416GWh, and the compound growth rate in the next three years will exceed 70%. By 2030, the global energy storage battery shipments will reach 2.3TWh.
Intelligent manufacturing line of 280Ah large lithium battery cell
More new entrants
The market development space and opportunities are attracting more and more companies to enter the energy storage industry.
Among them, there are not only traditional power battery companies such as CATL, LG Energy, Tesla, and Panasonic, but also a group of new enterprise of battery companies focusing on energy storage have emerged.
The next three years will be the first explosive stage of the global energy storage market. The demand for energy storage batteries will grow rapidly with a steep slope in a short period of time. After 2025, the market will enter the second stage of continuous growth with a larger volume.
Based on the above research and judgment, EN01 energy storage has set the goal of achieving 100GWh of effective production capacity by 2025. In a fast and dedicated step, through rapid replication of production capacity, forward-looking technology deployment, global strategic layout, etc. Occupy a place in the global energy storage battery industry.
Continuous cost reduction
The key to the popularization of energy storage facilities is continuous cost reduction.
Under the goal of carbon neutrality, energy storage is an indispensable role in order to truly realize the global popularization of green energy. Therefore, the energy storage industry team is full of confidence in the prospect of new energy.
But simply relying on confidence is definitely not enough. In order to truly realize the large-scale application of energy storage, the most fundamental factor is to rely on the high cost performance of products, so as to create real industrial value.
Conversely, if energy storage batteries cannot achieve continuous cost reduction, it is impossible for them to be popularized on a large scale. Therefore, the EN01 team has focused on the core technology of energy storage batteries from the very beginning, invested a lot of resources, and deployed materials, processes, equipment, battery cells, management systems and other aspects at the same time. The purpose is to meet the premise of high safety, develop the most cost-effective energy storage battery and its system, and solve the core concerns of the market to the greatest extent.
280Ah large cells
The 280Ah large battery cells with high safety, long life, high efficiency and low cost as the core advantages came into being.
At present, EN01 energy storage has achieved large-scale mass production of 280Ah cells, with a charge-discharge cycle life of more than 10,000 times.
Longer service life means lower one-time costs, a differentiated result of technological progress. Focusing on the positioning of cost-effective energy storage batteries is also the reason why EN01, as a start-up enterprise, can occupy a place in the fast-growing energy storage market
EN01 energy storage integrates the industrial chain, and comprehensively deploys five links including new materials, process equipment, batteries, system integration, and material recycling. This combination of innovative applications continues to improve the cost-effectiveness of energy storage battery systems.
Based on this business positioning, EN01 Energy Storage focuses on providing customers with diversified products and solutions ranging from cells, modules, battery clusters to energy storage system containers to meet the differentiated needs of different customers and truly focus on customer value.
In 2022, EN01 will start the construction of a 50GWh new-generation energy storage lithium battery production base and R&D center. The project will focus on the R&D and production of a series of cells with 280Ah lithium battery energy storage cells as the core.
Although the price of raw materials has skyrocketed, there will be a certain negative impact on costs in the short term. However, with the gradual balance between market supply and demand, and the gradual implementation of the dual carbon goal, the scale of domestic power plants, industrial applications, and commercial applications of energy storage is expected to increase rapidly in 2023.
At the same time, EN01 energy storage participates in the industrial chain of core links such as current collectors, structural parts, cathode materials, and recycling through financial investment and joint ventures.
Through a series of strategic cooperation and financial investment, EN01 has initially established a relatively stable lithium battery supply chain system, and at the same time, it has also provided effective support for the large-scale introduction of new materials and new technologies in the future and the continuous cost reduction of battery products.
Under the goal of carbon neutrality, the transformation of the global energy system is in full swing. Facing the next decade or longer, the energy storage market has just started, and many companies in the same industry are preparing for development in production capacity, technology, supply chain and other aspects. While competing and cooperating with each other, we will embrace the spring of the trillion-dollar energy storage market.
