作者 | 贝隆行业研究 "到2030年，全球可再生能源发电装机容量将翻番，增加4600GW。" 国际能源署（IEA）在《2025年可再生能源：到2030年的分析与预测》中描绘了一幅可再生能源高歌猛进的宏大图景，光伏、风能作为可再生能源的主要 组成部分，无疑是这场能源"狂欢"的主角。 但与此同时，风光占比的快速增长给电网系统带来了严峻挑战。国际能源署在报告中指出，到2030年，间歇性可再生能源将供应全球近30%的电力，是当 前水平的2倍。若缺乏有效的平抑手段，"弃风弃光"现象无疑会愈演愈烈。 这场"发电狂欢"与"消纳困境"的矛盾背后，指向一个核心命题：新能源的波动性需要长时储能来驯服。 "当前中国弃风弃光现象与电力紧缺矛盾并存，根源在于缺乏能够长时间平抑能量波动的储能技术。"中国科学院院士赵天寿的论断，道出了行业共识。业 内普遍认为，当新能源发电占比超过20%时，4小时以上长时储能将成为刚需；占比突破50%后，8小时以上长时储能必不可少。 那么，企业究竟如何破局？带着这个问题，笔者对海辰储能进行了调研。笔者发现，这家被称为"锂电长时储能创领者"的企业，早已开始了相关布局，为 行业提供一个兼具技术可行性与商业落地 ...

这场"发电狂欢"与"消纳困境"的矛盾背后，指向一个核心命题：新能源的波动性需要长时储能来驯服。 作者 | 贝隆行业研究 "到2030年，全球可再生能源发电装机容量将翻番，增加4600GW。" 国际能源署（IEA）在《2025年可再生能源：到2030年的分析与预测》中描绘了一幅可再生能源高歌猛进的宏大图景，光伏、风能作为可再 生能源的主要组成部分，无疑是这场能源"狂欢"的主角。 但与此同时，风光占比的快速增长给电网系统带来了严峻挑战。国际能源署在报告中指出，到2030年，间歇性可再生能源将供应全球近30% 的电力，是当前水平的2倍。若缺乏有效的平抑手段，"弃风弃光"现象无疑会愈演愈烈。 "当前中国弃风弃光现象与电力紧缺矛盾并存，根源在于缺乏能够长时间平抑能量波动的储能技术。"中国科学院院士赵天寿的论断，道出了行 业共识。 业内普遍认为，当新能源发电占比超过20%时，4小时以上长时储能将成为刚需；占比突破50%后，8小时以上长时储能必不可少。 那么，企业究竟如何破局？带着这个问题，笔者对海辰储能进行了调研。笔者发现，这家被称为"锂电长时储能创领者"的企业，早已开始了相 关布局，为行业提供一个兼具技术可行性与商业落 ...

新型储能产业如何把握电力市场改革与数智化机遇？行家说储能正联合 中车株洲所、弘正储能、海辰储能、为恒智能、融和元储 等头部企业， 编 撰 《2025电力市场与数智化储能调研报告》，该报告将于1月8日行家说储能峰会上发布。欢迎更多企业参与，共抓产业风口。 近日，又有企业签储能长期大单。 据海辰储能消息指出， 海辰储能与中车株洲电力机车研究所有限公司综合能源事业部（以下简称"中车株洲所"）正式签署 5年120GWh的储能相关合作。 ☆ 激活 星标 ， 第一时间掌握前沿趋势 对于 中车株洲所 而言，作为央企旗下重要的综合能源解决方案提供商，相关数据显示，中车株洲所国内储能订单容量规模位于前列， 接连斩获包括河南信 阳的70MWh储能设备、中国绿发若羌500MW/2GWh等大型项目订单。 此次锁定5年120GWh储能电芯超级订单，不仅展现了中车株洲所对未来储能市场前景的信心，更 直观地反映了头部集成商在产能紧张预期下，为确保交付 与成本优势、对核心电池供应链进行前瞻性战略锁定的决心。 值得注意的是，此次合作主要为314Ah、∞Cell 587Ah、∞Cell 1175Ah等大容量电芯，而海辰储能在大容量电芯的量产速度 ...

Core Viewpoint - The global energy transition is irreversible, and the energy storage industry is crucial in building new power systems, presenting a long-term investment opportunity. Xiamen Haicheng Energy Storage Technology Co., Ltd. (Haicheng Storage) is highlighted as a key player in this sector due to its rapid growth and strong financial performance [1]. Financial Performance - In the first half of this year, Haicheng Storage achieved revenue of 6.971 billion RMB, a year-on-year increase of 224.6%, with gross profit rising to 916 million RMB, up 1073.4% from the previous year. The company also turned a profit with a net income of 223 million RMB [1][2]. - The compound annual growth rate (CAGR) of revenue from 2022 to 2024 is projected to be 89%, with gross margin increasing from 11.3% in 2022 to 17.9% in 2024 [10]. International Expansion - Haicheng Storage's overseas revenue share surged to 17.5% in the first half of this year, compared to 3.3% in the same period last year. The gross margin for overseas business reached 30.5%, significantly higher than the 9.5% margin for domestic operations [2][13]. - The company has established a production base in Texas, USA, recognizing the importance of the overseas market early on, which has contributed to its revenue growth [2]. Product and Innovation Strategy - Haicheng Storage focuses exclusively on energy storage, which differentiates it from other companies that diversify into upstream and downstream sectors. This focus has allowed the company to better understand industry challenges and maintain high growth expectations [4]. - The company has invested over 1.5 billion RMB in R&D from 2022 to mid-2025, employing over 1,030 R&D personnel, with more than 30% holding advanced degrees. This investment supports the continuous launch of innovative products [6]. Product Offerings - The company offers a range of energy storage systems for various applications, including a 5MWh liquid-cooled storage system and a new AI data center storage solution [7][9]. - Haicheng Storage has introduced several new battery products, including the 587Ah and 1175Ah energy storage batteries, and a sodium-ion battery with a cycle life of 20,000 times [6]. Market Strategy - The company has adjusted its business structure to focus on higher-margin products, with the revenue from energy storage systems rising to 18.3% of total revenue in the first half of this year, up from 7.9% the previous year [11]. - Haicheng Storage's global strategy has led to significant revenue increases across various regions, reducing reliance on any single market [13]. Investment Potential - Given its strong growth trajectory and the promising outlook for the energy storage sector, Haicheng Storage is considered a potential long-term investment opportunity. The company is expected to attract significant interest upon its listing on the Hong Kong Stock Exchange [14].

Core Insights - The energy storage industry is transitioning from a homogeneous price competition to a value competition, with product differentiation becoming a strategic pivot for companies [1] - Haicheng Energy Storage has emerged as a leader in the energy storage battery sector, showcasing strong competitiveness through continuous R&D investment and the establishment of technical barriers [1] Company Overview - Since its establishment in 2019, Haicheng Energy Storage has adhered to an innovation-driven core value, focusing on key technologies and application innovations in energy storage [1] - The company has established four research institutes and assembled a R&D team of over 1,100 people, aiming to explore low-cost, high-safety, long-life, and high-efficiency energy storage battery potentials [1] Technological Innovations - Haicheng Energy Storage has developed several industry-leading products, including the 280Ah, 314Ah, ∞Cell 587Ah, ∞Cell 1175Ah long-duration energy storage batteries, and the ∞Cell N162Ah sodium-ion battery [1][2] - The company was among the first to apply the 280Ah battery in large-scale energy storage projects and has successfully mass-produced the 314Ah battery for overseas projects [2] Strategic Positioning - The company has accurately predicted strategic opportunities in long-duration energy storage scenarios, launching the first industry-specific long-duration energy storage battery, the ∞Cell 1175Ah, and the ∞ Power 6.25MWh long-duration energy storage system [2] - Haicheng Energy Storage is actively involved in formulating national and industry standards related to long-duration energy storage, promoting advancements in efficiency, economy, and safety [2] Manufacturing Innovations - The company is constructing a fifth-generation facility characterized by high automation and intelligence, which is expected to significantly enhance labor efficiency, reduce manufacturing costs, and improve product quality consistency [2] - Advanced Manufacturing Execution Systems (MES) and Quality Management Systems (QMS) are being integrated to monitor production lines in real-time, ensuring timely identification and resolution of quality issues [2] Market Position - Haicheng Energy Storage's success is attributed to its continuous investment in technological innovation and keen market demand insights, further enhancing product performance through the integration of upstream and downstream resources in the industry chain [3] - The company is solidifying its leading position in the global energy storage industry, contributing significantly to global energy transition efforts [3]

宁德时代3月配套6大新车 4月8日，宁德时代官方平台发布，2025年3月份，共有6款新车搭载了宁德时代电池。其中阿维塔06增程版、广汽昊铂HL增程版，、领克900 三款 搭载宁德时代骁遥超级增混电池；限量联名版阿维塔012、 吉利银河翼真L380两款 搭载宁德时代麒麟电池；2025款星纪元ET纯电版， 搭载宁德时代神行超充电池。 宁德时代获批港股上市 4月10日，有消息称，宁德时代获批在香港交易所上市。对此，记者从知情人士处获悉，消息属实，宁德时代通过港股聆讯，获批在香港交易 所上市。 今年2月，宁德时代在港交所递交招股书，拟在香港主板上市。3月25日，宁德时代发布公告称，收到中国证监会出具的《关于宁德时代新能源 科技股份有限公司境外发行上市备案通知书》，拟发行不超过220169700股（约2.2亿股）境外上市普通股，并在香港联交所上市。 亿纬锂能匈牙利项目获建筑许可 4月8日，亿纬锂能发布公告，称全资孙公司EVEPowerHungary Kft.于近日收到匈牙利 Debrecen 政府出具的建筑许可决定，许可亿纬匈牙 利在德布勒森市建立电池制造厂。 此前消息显示，该工厂 占地面积约45万平方米。该项目预计2 ...

4月10日， ESIE 2025正式启幕，所有储能企业几乎齐聚 北京，同台炫技"秀肌肉"。 仅储能电池端， 宁德时代、亿纬锂能、远景动力、楚能新能源、鹏辉能源、赣锋锂电、瑞浦兰钧、力神电池、中天储能 等头部企业均有亮 相，其中不少企业借此机会发布储能电池和系统新品，甚至现场签单，热闹非凡。 起点锂电不完全统计了部分储能电池企业本次活动期间展出的新产品，希望以此给读者带来些许参考。 注：以下企业不分排名先后。 宁德时代" 天恒·智储"平台亮相 继 全新6.25MWh天恒储能系统后， 宁德时代 智慧储能管理平台——"天恒・智储"于4月10日亮相， 旨在为储能站客户带来全生命周期管理 的智能化运维与运营解决方案，从安全、效率到收益全链条护航储能资产全生命周期价值。 据介绍， 宁德时代的天恒 ·智储管理平台，通过"大数据平台 + AI大模型与先进机理算法融合 + AI助手工具"等创新集合， 能 为广大储能电 站构建涵盖智能预警、运行分析、电站体检和智慧运维在内的全套标准化能力。 亿纬锂能 6.9MWh系统重磅发布 继Mr.Giant 5MWh系统成功推出后，亿纬锂能再次加码大储赛道，发布新一代6.9MWh储能系统，精 ...

Core Viewpoint - The 13th International Energy Storage Summit and Exhibition (ESIE 2025) has commenced in Beijing, showcasing hundreds of energy storage companies and their innovative products. Group 1: Product Highlights - Jingkong Energy showcased the liquid-cooled OmniCube-L261 and OmniCube-L418 energy storage systems, featuring modular design that saves 30% in footprint [3] - Ronghe Yuanshu presented the "AI+" intelligent trading and VPP operation platform, enhancing operational efficiency through automated market predictions and strategy adjustments [9] - New Energy An launched the UniC AG300-150 commercial energy storage system, achieving 15,000 cycles at 25°C with a SOH ≥ 70% [12][14] - Nandu Power introduced the CENTERLMAX 8.338MWh liquid-cooled energy storage system, supporting flexible configurations and achieving 96% efficiency [17] - Faraday Power displayed the 530Ah energy cell, capable of over 1.6 kWh per cell with a cycle life of 12,000 times [21] - Haichen Energy unveiled the ∞Cell 587Ah battery with 94.5% efficiency and over 10,000 cycles [22] - Chuangneng New Energy presented the new generation 472Ah energy cell and CORNEX M6 energy storage system, with a nominal energy exceeding 1510.4Wh [26] Group 2: Industry Trends - The trend towards larger capacity energy cells (500Ah+) is evident, with companies focusing on high power and efficiency to match these cells [4] - AI-driven solutions and intelligent trading capabilities are becoming focal points for commercial energy storage products [4] - The introduction of integrated solar-storage solutions is on the rise, indicating a shift towards comprehensive energy management systems [4] Group 3: Technological Innovations - Companies are increasingly adopting modular designs and advanced cooling technologies to enhance system efficiency and safety [3][8] - The use of AI and data analytics in energy management systems is being emphasized to optimize operational performance and reduce costs [9][49] - New safety features and predictive maintenance capabilities are being integrated into energy storage systems to enhance reliability and lifespan [86][89]

Core Viewpoint - The article highlights the significant growth and strategic positioning of Hai Chen Energy in the global energy storage market, emphasizing its recent IPO application and impressive performance metrics in 2024 [1][3]. Group 1: Performance Metrics - In 2024, Hai Chen Energy achieved a lithium-ion battery shipment volume of 35.1 GWh, capturing an 11% share of the global market, ranking third behind CATL and EVE Energy [1][5]. - The company reported a total revenue of 12.917 billion yuan, with the energy storage battery segment contributing 7.96 billion yuan, accounting for 61.6% of total revenue [1][11]. - The net profit reached 287.6 million yuan, marking a net profit margin of 2.2%, indicating the company's first profitable year [1][5]. Group 2: Strategic Growth - Hai Chen Energy's design capacity surged from 5.4 GWh in 2022 to 62 GWh in 2024, achieving a tenfold increase in just three years [5]. - The company’s shipment volume of 35.1 GWh in 2024 represents a 10.6-fold increase compared to 2022, with a compound annual growth rate of 167%, significantly outpacing the industry average [5]. - The gross profit margin improved from 11.3% in 2022 to 17.9% in 2024, surpassing the average gross profit margin of 16.57% among five listed energy storage battery companies in 2023 [5]. Group 3: Global Expansion - Hai Chen Energy is the only GWh-level player focused solely on the energy storage sector, with successful market entries in China, the US, and Europe, while also exploring emerging markets in the Middle East, Africa, Oceania, and South America [6]. - In 2024, overseas revenue accounted for 28.6% (3.7 billion yuan) of total revenue, breaking the traditional path of "Chinese battery overseas assembly" [6]. Group 4: Business Model - The company employs a differentiated strategy, selling energy storage batteries to system integrators domestically while focusing on energy storage systems and solutions in overseas markets, effectively avoiding domestic competition [7]. - The dual business model of "domestic battery + overseas systems" allows Hai Chen Energy to target high-margin markets in Europe and the US [7]. Group 5: Product Innovations - Hai Chen Energy has made significant advancements in energy storage battery products, including the introduction of a 280Ah battery for large storage projects and a 314Ah battery for overseas applications [11][12]. - The company launched the world's first sodium-ion battery with a cycle life exceeding 20,000 cycles, suitable for extreme conditions [12]. - In the energy storage systems segment, the company delivered a 5MWh liquid-cooled storage system and plans to mass-produce a 6.25MWh long-duration storage system by the second half of 2025 [15].

Core Viewpoint - Haicheng Energy has submitted its listing application to the Hong Kong Stock Exchange, aiming to become a leading global brand in energy storage solutions [1] Company Overview - Established in 2019, Haicheng Energy focuses on energy storage batteries and systems, catering to various applications including grid-side, data centers, commercial, and residential needs [2] - The company has developed a comprehensive R&D capability across the entire energy storage value chain, including materials, batteries, systems, and solutions [2] - Haicheng Energy has launched several industry-leading energy storage products, including various specialized batteries and energy storage systems [2] Market Position and Growth - Haicheng Energy has achieved a significant milestone by ranking third globally in lithium-ion energy storage battery shipments, with a shipment volume of 35.1 GWh in 2024, reflecting a compound annual growth rate (CAGR) of 167% over the past three years [3] - The company's revenue has surged from 3.615 billion yuan in 2022 to 12.917 billion yuan in 2024, with a CAGR of 89% [3] Profitability and Financial Performance - The gross profit and gross margin of Haicheng Energy have shown consistent growth from 410 million yuan and 11.3% in 2022 to 2.309 billion yuan and 17.9% in 2024, respectively [4] - The company achieved a net profit of 288 million yuan in 2024, marking a turnaround from previous losses [4] Global Expansion Strategy - Haicheng Energy has expanded its business to over 20 countries and regions, becoming the only company focused solely on energy storage in the GWh-level lithium-ion battery shipment category [3] - The company has successfully established a presence in key global markets, including the U.S. and Europe, and is recognized for its localized operations and product offerings [4][6] Industry Trends - The global energy storage market is experiencing sustained growth, driven by the transition to a green and low-carbon energy structure [7] - The demand for long-duration energy storage solutions is increasing, with projections indicating that the share of lithium-ion batteries used for long-duration storage will rise significantly by 2030 and 2050 [7] Future Plans and Fund Utilization - The funds raised from the IPO will primarily be used to enhance production capacity, invest in R&D, and support global sales and service networks for overseas expansion [8] - Haicheng Energy aims to leverage its technological advancements and market expansion opportunities to solidify its position in the energy storage industry [8]