Core Insights - The fourth China International Energy Storage Exhibition (EESA) showcased the rapid evolution of China's energy storage industry, highlighting a shift from single-function systems to intelligent, multi-functional solutions [1] - The new energy storage capacity in China is projected to reach 73.76 million kilowatts (168 million kilowatt-hours) by the end of 2024, marking a 130% increase from the end of 2023 and approximately 20 times the capacity at the end of the 13th Five-Year Plan [2] - The exhibition featured innovative products from leading companies, including the EN 8 Pro system from Envision Group, which integrates AI for efficient interaction with power markets and systems [2] - Trina Solar is focusing on energy storage solutions, with its Elementa series battery storage system capable of storing up to 5,015 kilowatt-hours, aimed at stabilizing power grids [3] - Lithium-ion batteries dominate the new energy storage technology landscape, accounting for 96.4% of installed capacity, while other technologies like compressed air and flow batteries are emerging [4] - The rise of long-duration energy storage technologies, such as all-vanadium flow batteries, is expected to reshape the industry's technology roadmap [5] - Companies are increasingly adopting innovative cooling technologies to enhance the safety and lifespan of energy storage systems, as demonstrated by Tianqi Hongyuan's immersion cooling technology [6][7] - The new energy storage market is entering a phase of rapid expansion, with a 27.5% year-on-year increase in new installations in the first half of 2023 [8] - The integration of hydrogen energy systems with storage solutions is gaining traction, exemplified by Zhongtian Technology's hydrogen production system [8] - The V2G (Vehicle-to-Grid) interactive solution from Shenzhen Yingfeiyuan Technology allows electric vehicles to supply power back to the grid, promoting energy balance and providing financial benefits to vehicle owners [9] Industry Trends - The energy storage industry is transitioning towards intelligent and collaborative systems, driven by the dual goals of carbon neutrality and technological innovation [2][4] - The focus is shifting from manufacturing to comprehensive solutions in the photovoltaic sector, with companies like Trina Solar leading the charge [3] - The diversification of energy storage technologies is evident, with various innovative solutions being showcased at the exhibition [4] - The collaboration between energy storage and hydrogen production is seen as a revolutionary step towards improving energy efficiency and application scenarios [8] - The advancements in energy storage technologies are positioning China as a leader in the global energy storage market, with significant growth opportunities for domestic companies [9]

Core Viewpoint - The fifth EESA Energy Storage Exhibition highlighted the advancements and recognition of Tongli Risheng and its subsidiary Tianqi Hongyuan in the energy storage sector, showcasing their comprehensive energy storage solutions and innovative technologies [1] Group 1: Event Participation and Recognition - Tianqi Hongyuan and its subsidiary Tongqi New Energy presented their "full-scene energy storage solutions" at the EESA exhibition, attracting significant attention from professional audiences [1] - Shen Cong, Senior Vice President and Chief Scientist of Tianqi Hongyuan, was invited to the opening ceremony and received the "2025 Best Leader in Energy Storage Industry Award" for his contributions to energy storage technology and global market strategies [1] - Tianqi Hongyuan was awarded the "2025 Best Energy Storage System Integrator Award" for its innovative approach in system integration, emphasizing modular design and intelligent operation [1] Group 2: Technological Advancements - Tianqi Hongyuan is at the forefront of immersion liquid cooling technology, which enhances the safety and lifespan of energy storage systems by immersing core components in a special cooling liquid [1] - The company's current DC/AC energy storage integrated machine has achieved a 20% reduction in auxiliary power consumption through intelligent liquid cooling temperature control [1] - The immersion liquid cooling storage product developed by Tongqi New Energy has shown effective temperature control, maintaining a temperature difference of within 1.2°C under full power operation [1] Group 3: Strategic Collaborations - On June 12, Tianqi Hongyuan signed a strategic cooperation agreement with Shell China to focus on the development of safer and more efficient energy storage solutions based on immersion liquid cooling technology [1]

Core Viewpoint - The company has successfully completed several significant energy storage projects and has entered into a strategic partnership with Shell China to enhance its liquid cooling technology for energy storage solutions [1] Project Achievements - In 2023, the company won and delivered projects including a 25MW/50MWh grid-side energy storage battery module management liquid cooling system in Foshan, Guangdong, a 30MWh wind power supporting liquid cooling energy storage system in Jinghai, Tianjin, and a 300MWh grid-side shared energy storage demonstration project in Ningxia, which included the supply of 200MWh liquid cooling containerized energy storage equipment [1] Strategic Partnership - On June 12, 2025, the company's subsidiary Tianqi Hongyuan signed a strategic cooperation agreement with Shell China, focusing on the development of fully immersed liquid cooling technology and products to create safer and more efficient energy storage solutions [1] Technology Advancements - The core of the partnership revolves around fully immersed liquid cooling technology, which allows battery components to be completely submerged in a special cooling liquid, achieving more uniform and efficient heat dissipation, thereby significantly enhancing the safety and lifespan of energy storage systems [1] Operational Efficiency - The company's current AC/DC integrated energy storage system utilizes intelligent liquid cooling temperature control, reducing auxiliary power consumption by 20% and saving operational costs [1] Safety Enhancements - The implementation of a closed liquid cooling system combined with cloud management provides triple independent fire protection, improving overall safety [1] Product Development - The company's subsidiary, Tongqi New Energy, has developed an immersed liquid cooling energy storage product and completed initial testing, which showed that the temperature control between battery cells remained within 1.2°C under full power operation conditions [1]