Top 10 flywheel energy storage companies in China

 

 

Application status of flywheel energy storage technology

Among the current energy storage technologies suitable for large-scale commercial operation, flywheel energy storage has comprehensive advantages such as high power density, fast charge and discharge response, no environmental pollution, low operating costs, and low safety risks, making it very suitable for fast high-power charge and discharge applications. In the past few decades, unlike lithium-ion batteries that can be used for home energy storage, flywheel energy storage technology has been widely used in the fields of communication, petroleum, transportation, aerospace and military. At present, there are many companies producing flywheel energy storage products in the world, and companies including Top 10 flywheel energy storage companies in China are actively deploying flywheel energy storage technology.

 

This article is designed to provide you with detailed information about the Top 10 flywheel energy storage companies in China, including their company profiles, core businesses and leading products, as well as related industry layouts. Specifically, the Top 10 flywheel energy storage companies in China are QIFENG POWER, HHE, CANDELA, HUACHI KINETIC ENERGY, KTS, rotonix, FORYON, SINOMACH.HE, XEMC and JSTI respectively. By reading this article, you will have a comprehensive understanding of the leading companies in the field of flywheel energy storage in China, and you can get a glimpse of the current situation and development prospects of the entire flywheel energy storage industry in China through the latest news of these giants.

Top 10 flywheel energy storage companies in China in 2022

① QIFENG POWER

QIFENG POWER

Established time

May 4, 2009

Company location

Beijing, China

Register capital

85.714286 million CNY

Company website

http://www.bjqfjn.com/

Company profile:

As one of the Top 10 flywheel energy storage companies in China, QIFENG POWER is committed to flywheel energy storage technology research, product development, production, sales and service. , Maglev wind turbines, high-density motors and other high-tech product technology development. The energy storage flywheel developed by QIFENG POWER involves the fields of magnetic suspension bearings, high-speed motors, high-strength composite materials, precision control and power electronics.

Main products:

Flywheel energy storage device: QFFL200-60-1/15M, QFFL400-180-2/24M, QFFL600-30-2/15M, QFFL500-3600-2/15C, QFFL600-900-2/15C & QFFL1000-180-2/15C ; Integrated products: cabinet type & container type.

Related layout:

QIFENG POWER has a production base in the mining area of Yangquan City, and has built a production and assembly line with an annual output of 200 sets of flywheel energy storage systems. By the end of March 2022, a total of 20 sets of flywheel energy storage devices have been produced, which will be used in the Taiyuan Comprehensive Reform District Optical Storage Network Charging Demonstration Project, Shenzhen Metro Line 7 Chegongmiao, Hebei Sanhe Power Plant and HUANENG Shandong Laiwu Power Plant frequency modulation and other projects .

 

② HHE

HHE

Founded date

April 14, 2015

Corporate headquarters

Beijing, China

Register capital

1975.1738 million CNY

Company website

http://www.honghuienergy.com/

Company profile:

Among the Top 10 flywheel energy storage companies in China, HHE is an aerospace-to-civilian high-tech enterprise. HHE has developed high-power maglev flywheel energy storage technology, which is used in power protection sites, oil drilling, rail transit, new energy, microgrids, data centers, port terminals, military and other fields, and has realized large-scale commercial manufacturing of maglev flywheels , providing comprehensive solutions for energy saving, energy storage and power quality improvement.

Leading products:

Energy-type flywheel energy storage, key power sources for flywheel energy storage, power-type flywheel energy storage, pulse power-type flywheel energy storage and MW-level power-type flywheel energy storage products.

Recent news and related layout:

In July 2022, HHE signed a cooperation agreement on "high-power flywheel energy storage technology" with SHENZHEN Smart ENERGY. In May, HHE successfully delivered the flywheel energy storage project of a carbon neutral power supply institute of a power supply company. The project is a combination of flywheel energy storage and photovoltaic power generation. In February, HHE successfully delivered the key power supply system of flywheel energy storage in a data center in Shandong.

 

③ CANDELA

CANDELA

Established time

May 11, 2018

Company address

Shenzhen, Guangdong

Register capital

10 million CNY

Company website

http://www.ctiflywheel.com/

Company profile:

CANDELA is a flywheel energy storage product equipment supplier and energy storage system integrator with magnetic levitation flywheel energy storage technology as the core, and ranks among the Top 10 flywheel energy storage companies in China. CANDELA is a company in China with flywheel energy storage system solutions in seconds, minutes and hours for all application scenarios. It is committed to providing one-stop overall solutions for power frequency regulation, rail transit and other fields.

Main products:

Energy storage system, flywheel battery, control system cabinet, core components & intelligent monitoring platform.

Latest news and related layout:

In August 2022, the CANDELA flywheel energy storage system manufacturing project will be put into production. The first phase of the project plans to build a flywheel energy storage production line with an annual production capacity of 0.3GW. The main products are flywheel energy storage systems used in application scenarios such as power grid frequency regulation, rail transit, and oil drilling energy recovery. At present, Candela flywheel energy storage products have been successfully applied to a number of flywheel energy storage demonstration projects such as the "source, grid and load storage" innovation demonstration project in Huolinhe, Inner Mongolia, and Zhejiang Huzhou Binhu Photoelectric Storage Charging Station Demonstration Project.

 

④ HUACHI KINETIC ENERGY

HUACHI KINETIC ENERGY

Founded date

November 29, 2019

Company location

Anhui, China

Register capital

16.923868 million CNY

Company website

http://www.huachidongneng.com/

Company profile:

HUACHI KINETIC ENERGY is a magnetic levitation flywheel energy storage battery developer and one of the Top 10 flywheel energy storage companies in China. HUACHI KINETIC ENERGY serves the fields of power grid frequency regulation, rail transportation, aerospace satellites, new energy power generation, national defense engineering, data centers, chip manufacturing, aircraft carrier-based aircraft ejection, UAV ejection and other fields.

Typical product:

Magnetic levitation flywheel energy storage battery and satellite attitude control flywheel.

Related news:

On July 18, 2022, HUACHI KINETIC ENERGY successfully won the bid for the high-power maglev flywheel battery energy storage AGC frequency modulation project of HUADIAN CORPORATION in Shanxi Shuozhou Thermal Power Plant. The project plans to build 5MW/5MWh lithium battery energy storage(such as lithium ion solar battery) and 2MW/0.5MWh energy-type flywheel energy storage.

 

⑤ KTS

KTS

Established time

April 15, 2014

International headquarters

Hebei, China

Register capital

486.64 million CNY

Company website

http://www.dscnkj.com/

Company profile:

As one of the Top 10 flywheel energy storage companies in China, KTS is a manufacturer of industrial carbon fiber flywheels. It has developed GTR flywheel energy storage devices (flywheel energy storage system, flywheel energy storage UPS system, flywheel storage emergency power supply car), OCR waste heat generator set, magnetic levitation centrifugal blower. KTS products are widely used in urban rail transit, high-speed rail, telecommunications room, new energy power generation, waste heat recovery, sewage treatment, building materials, pharmaceutical laboratories, motor energy saving and other industries.

Main products:

GTR flywheel energy storage device, maglev blower and ORC low temperature waste heat generator set.

Recent layout:

In July 2022, the on-board flywheel energy storage system GTR-LiTE independently developed by KTS has achieved initial results in the performance test of the company's test platform. The vehicle-mounted flywheel energy storage system is mainly used in the braking energy recovery and reuse of electric heavy-duty trucks, electric engineering vehicles, household electric vehicles and other fields. After the application of this product, the battery life of electric vehicles can be improved and the cruising range of the vehicle can be extended.

 

⑥ rotonix

rotonix

Founded date

October 29, 2012

International headquarters

Beijing, China

Register capital

14.1666 million USD

Company website

https://www.rotonix.com.cn/

Company profile:

Among the Top 10 flywheel energy storage companies in China, Rotnick is a provider of high-energy carbon fiber flywheel energy storage technology, equipment manufacturing and system solutions, and is committed to realizing the leapfrog development of large-scale commercial use of flywheel energy storage. Rotnick is one of the few companies in the world that can fully master the core technology of carbon fiber composite flywheels, ensuring the reliability and high quality of OmniFly™ flywheels.

Core products:

OmniFly™ high-efficiency carbon fiber flywheel energy storage system

Related layout:

On March 1, 2022, rotonix signed a contract with NARI-RELAYS. The two parties will carry out in-depth cooperation in MW-class flywheel energy storage container systems, flywheel energy storage frequency regulation applications and other related fields.

 

⑦ HY

HY

Established time

December 30, 1999

Company location

Shanxi, China

Aggregate market value

48.100 billion CNY

Company website

https://yqmy.ymjt.com.cn/

Company profile:

Unlike other companies in Top 10 flywheel energy storage companies, HY is mainly engaged in solar power generation business, photovoltaic equipment and components, battery manufacturing, research and development, production, sales, promotion and service of flywheel energy storage technology and products, new energy technology promotion services, etc.

Main products:

Flywheel energy storage system.

Related layout:

In August 2021, two 600-kilowatt full-magnetic levitation flywheel energy storage systems were successfully rolled off the production base of HY's flywheel energy storage project, and would be used in Shenzhen urban rail transit.

 

⑧ SINOMACH-HE

SINOMACH-HE

Founded date

December 30, 2001

Company address

Sichuan, China

Total market capitalization

23.949 billion CNY

Company website

http://www.sinomach-he.cn/

Company profile:

As one of the Top 10 flywheel energy storage companies in China, SINOMACH-HE integrates equipment research and development, design and complete sets, manufacturing, engineering project design and consulting, and mainly provides major technical equipment and heavy-duty cast and forged steel products.

Core products:

Flywheel energy storage device.

Related layout:

The EHEC flywheel energy storage device smart factory construction project of SINOMACH-HE has been launched in March 2022. With a total investment of 220 million yuan, the project will build an office building and a smart factory. After all of them are completed and put into operation, it is expected to produce 2,000 sets of flywheel energy storage devices annually and achieve an annual sales income of 830 million yuan. In February 2022, EHEC's self-developed green and environmentally friendly product - "Square Cabin Flywheel Energy Storage Uninterruptible Power Supply System" was successfully delivered to user YTO, and passed the joint acceptance at one time.

 

⑨ XEMC

 XEMC

Established time

December 26, 1999

Company location

Hunan, China

Total market value

30.190 billion CNY

Company website

http://www.xemc.com.cn/

Company profile:

Different from other companies in Top 10 flywheel energy storage companies in China, XEMC mainly serves China's national defense, electric power, energy, mining, transportation, chemical industry, light industry, water conservancy and other construction undertakings, large-scale national defense equipment, complete sets of electrical equipment, large-scale water pumps And the development and application of megawatt-level wind power generation equipment plays a leading role in China, and gradually formed a core business group of "motor + electronic control + electromagnetic energy".

Main products:

Flywheel energy storage device.

Related layout:

On April 11, 2022, my country's first 1MW flywheel energy storage device developed by XEMC was installed and commissioned at Wannianquan Road Station of Qingdao Metro Line 3 and successfully connected to the grid.

 

⑩ JSTI

JSTI

Founded date

August 29, 2002

Company Headquarters

Jiangsu, China

Aggregate market value

8.120 billion CNY

Company website

http://www.jsti.com/en/

Company profile:

JSTI, ranked among the Top 10 flywheel energy storage companies, is a comprehensive solution provider in the infrastructure field. Its business involves urban rail, environment, aviation and water conservancy, construction, power and other industries. The whole industry chain service of operation maintenance and new material research and development.

Main products:

Universal energy recovery complete system based on flywheel energy storage.

Recent news and related layout:

On June 10, 2022, JSTI stated that its new generation of flywheel energy storage products are still in the process of research and development and verification, and it is planned to be popularized and applied in 2023. TI Energy, a subsidiary of JSTI, has a number of technical patents and application experience for flywheel energy storage.

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