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More than innovation, aiming at "future energy"丨Unicorn in Yangpu

author:Yangpu, Shanghai

Editor's note: Plant a good plane tree and introduce a golden phoenix. Yangpu's "tropical rainforest" innovation ecosystem is helping more and more outstanding companies to stand out faster. In Yangpu, the "Innovation Show Belt" is full of vitality and warmth.

In the recently released "2024 Shanghai Key Service Unicorn (Potential) Enterprise List", Yangpu has 6 companies on the list of "Unicorn Enterprises" and 2 companies on the list of "Unicorn Potential Enterprises". Unicorn enterprises have increasingly become the vane to measure regional innovation capabilities and innovation ecology, and the "Unicorn in Yangpu" column focuses on Yangpu unicorn enterprises, shares their development history and growth experience, and injects new momentum into promoting the high-quality development of Yangpu.

More than innovation, aiming at "future energy"丨Unicorn in Yangpu

Today, let's walk in together

Weijing Energy Storage Technology Co., Ltd.,

The company relies on the research and development of long-term energy storage batteries and

Outstanding performance in the field of intelligent manufacturing,

Listed in the "2024 Shanghai Key Services".

List of unicorn (potential) enterprises》

More than innovation, aiming at "future energy"丨Unicorn in Yangpu

Committed to making it happen

Safe, green and affordable energy for the future

The 2024 Global Unicorn CEO Conference was held recently, and Weijing Energy Storage was listed on the "2024 Global Unicorn List", demonstrating its leading position in the industry. As a high-tech enterprise in Yangpu that integrates the advantages of long-term energy storage battery R&D and intelligent manufacturing, Weijing Energy Storage has focused on the R&D and large-scale application of flow batteries in the field of national new energy strategy and carbon peaking and carbon neutrality since it settled in Yangpu in 2018, and is committed to realizing safe, green and affordable future energy through intrinsically safe and ultra-low LCOE energy storage batteries.

More than innovation, aiming at "future energy"丨Unicorn in Yangpu

In June 2023, Weijing Energy Storage was selected as one of the "2023 China Unicorn Enterprises" by Great Wall Strategic Consulting. In October of the same year, the "zinc-iron flow battery" of Weijing Energy Storage was officially included in the list of the third batch of major technical equipment (projects) in the energy field of the third batch of Weijing Energy Administration. Not only that, with its excellent technological innovation capabilities, intelligent manufacturing strength and industry influence, Weijing Energy Storage has successively won the honors of "National High-tech Enterprise", "National Specialized and Special New "Little Giant" Enterprise, Shanghai "Specialized and Special New Small and Medium-sized Enterprise", and was recognized as "Shanghai Enterprise Technology Center".

In the next three years,

Reduce the cost of energy storage to "two cents"

China has set a target of peaking carbon emissions by 2030. According to the IEA's analysis, 40% of carbon emissions come from electricity production. In China, electricity accounts for 45% of total emissions. Ge Qun, co-founder and chairman of Weijing Energy Storage, believes that in order to effectively reduce the carbon emissions of electricity, it is necessary to shift the energy structure to new energy, fundamentally change the production structure of electricity, and change from carbon and coal to new energy.

Among them, energy storage is a key bottleneck to solve the larger-scale application of new energy. In Ge's view, in order to achieve the goal of carbon peaking, the contribution of renewable energy to the grid should be increased to 39%. This means that close to four trillion kilowatt-hours of electricity must come from non-fossil energy sources. "In order for new energy to be truly accepted by enterprises and the public, we must consider its price comparison with existing fossil fuels and reduce the cost of new energy sources as much as possible."

More than innovation, aiming at "future energy"丨Unicorn in Yangpu

Through technology iteration and industry-wide efforts, Weijing Energy Storage hopes to reduce the LCOE of energy storage and new energy production to the same or even lower level than coal power. This is not only the dream of Weijing Energy Storage, but also the vision of the industry. "Just as the logistics industry improves efficiency through automatic sorting and intelligent scheduling, we hope to further promote the intelligence of the power grid under the premise of existing manual adjustment and scheduling, combined with AI artificial intelligence algorithms, and ultimately achieve the ultimate cost reduction."

At present, the company's goal is to reduce the cost of energy storage to two cents through the joint efforts of the whole industry, so that new energy + energy storage will become the safest and most reliable clean energy in the next decade, and the whole society will be willing to use more economical and greener new energy.

Text/Image: Shen Ying

Editor: Wu Baixin

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