China Green Development Partners with Tianmu Lake Advanced Energy Storage Research Institute

On April 22, the investment cooperation launch ceremony between China Green Development and the Tianmu Lake Advanced Energy Storage Technology Research Institute took place in Liyang City, Jiangsu Province. The event was attended by over 100 representatives, including Chinese Academy of Engineering Academician Chen Liquan, China Green Development Deputy General Manager Shao Changzhong, Liyang City Party Committee Deputy Secretary and Mayor Zhou Yongqiang, Institute of Physics Researcher and Founder of the Tianmu Lake Institute Li Hong, and Liyang High-tech Zone Committee Director Zhu Wei, among others.

During the launch, Deputy General Manager Shao Changzhong emphasized that China Green Development is committed to implementing the decisions of General Secretary Xi Jinping and the Central Committee, focusing on the mission of central enterprises. The company is actively investing in emerging industries and driving the transformation and upgrading of traditional sectors, gradually becoming a green industry investment group primarily led by new strategic industries. The partnership with the Tianmu Lake Institute marks a significant step towards new energy storage technology innovation and industrial development, embodying the practical implementation of the Central Committee's initiatives and exploring collaborative technology innovation.

Academician Chen Liquan highlighted that new energy storage technologies, particularly lithium batteries, solid-state batteries, and sodium-ion batteries, hold significant potential for ensuring national energy security and reducing resource dependency. He noted that this investment collaboration is a critical move to align with global energy transition trends and to drive breakthroughs in energy storage technologies, which will enhance China’s competitiveness in the global market and contribute to the upgrade of the new energy industry.

Li Hong expressed gratitude for the support from the Liyang government, the Tianmu Lake High-tech Zone, the Institute of Physics, and other partners. Since its establishment, the Tianmu Lake Institute has achieved continuous technological innovations and improved service capabilities, significantly contributing to the growth of a national-level specialized and innovative enterprise. The institute aims to become a global benchmark for energy storage technology.

Mayor Zhou Yongqiang thanked various sectors for their long-term support for Liyang’s development. He stated that Liyang is rapidly advancing in the new energy sector, aligning with the national “dual carbon” strategy. This cooperation focuses on deep collaboration in funding, industry synergy, and strategic planning, which will strengthen the energy storage industry chain in Liyang and contribute significantly to national energy transition efforts.

At the event, representatives from the three shareholders of the Tianmu Lake Advanced Energy Storage Technology Research Institute—Luneng Group, Jiangsu Sukong Venture Capital Co., and the Yangtze River Delta Physics Research Center—signed an investment agreement to promote the integration of innovation, industry, and funding. The institute also unveiled its latest high-temperature hybrid solid-liquid energy storage battery and dynamic storage integrated solid-state battery products. Representatives from the partner organizations shared their visions for deepening cooperation and advancing the new energy industry.

This signing marks a transition for the Tianmu Lake Institute from a local platform to a national strategic entity, signifying a deep transformation for China Green Development into strategic emerging industries. The partnership enhances Liyang's lithium battery industry cluster’s technological capabilities and resource integration. The innovative model of “local government (policy support) + research institutes (technical sources) + central enterprises (capital and industry)” provides a replicable pathway for the market-oriented transformation of new research and development institutions, setting standards for high-quality development in the energy storage sector and contributing to the country’s dual carbon goals and energy strategy.