New Energy Company with German Technology Launches in Changzhou Following Successful Financing

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On May 17, the investment team at Tuirong Bay reported the successful financing of a new company in the Suzhou, Wuxi, and Changzhou region, specifically in Changzhou, Wujin District. The company, named Deyle Rand (Changzhou) Energy Co., Ltd. (hereinafter referred to as Deyle Rand), was established in May 2024 and is a subsidiary of the German Deyle Group. Founded in 1954 and headquartered in Germany, the Deyle Group primarily focuses on industrial power distribution and energy transmission sectors. Its core business revolves around industrial power distribution systems, with products widely utilized in electric vehicles, laboratories, medical equipment, and production facilities. The Deyle Group is part of the Mehl Group, which has a significant market presence in Europe, especially in Germany.

Deyle Rand is located in the Changzhou Israel Industrial Park and has wholly owned Deyle Rand (Shenzhen) Energy Co., Ltd. Additionally, it has established branches in Germany, creating a strategic layout with R&D and supply chains in China and a global market reach. The company specializes in providing green energy solutions for commercial and residential applications, with a product line that includes balcony photovoltaic storage systems, micro-inverters, commercial energy storage systems, as well as lithium-ion and sodium-ion household and portable energy storage solutions.

Leveraging the technological expertise of the Deyle Group, Deyle Rand has assembled a research and development team comprised of experts in electrical engineering, materials science, and AI algorithms. This structure helps the company reduce R&D cycles and accelerate product commercialization. Their balcony photovoltaic storage system targets the high-end European market, allowing for modular installation suitable for apartment balconies, integrating solar panels, storage batteries, and inverters. This system enables users to generate and utilize their own power while being able to feed excess electricity back to the grid.

Recently, Europe experienced widespread power outages, significantly impacting countries like Spain and France. This instability in the European power grid, combined with a growing emphasis on environmental sustainability, has led many households in Europe to adopt balcony photovoltaic storage systems as a reliable energy source, mitigating concerns over power outages. Users can easily monitor and optimize their energy consumption through a dedicated app, providing convenience.

Why did the company choose to establish itself in Changzhou? The answer is straightforward: Statistics show that the integrity of Changzhou’s power battery industry chain reaches 97%, ranking it first nationwide. This has earned Changzhou the title of “Capital of New Energy.” Notable companies in this area include CATL and Chinese Innovation Airlines, while leading photovoltaic manufacturer Trina Solar also operates in Changzhou. These factors contribute to a robust supply chain for Deyle Rand.

According to Bloomberg’s forecast, the global energy storage capacity is projected to reach 1.6 TWh by 2030, with residential and commercial energy storage making up over 40% of the market, indicating significant growth potential. On May 16, 2025, Deyle Rand secured its first round of financing since its inception, with Yongsheng Capital being the exclusive investor, taking a 6.25% equity stake.

Additional investment opportunities reported by Tuirong Bay include:

  • A listed company (currently valued at 5.7 billion) seeking to invest or acquire firms in the semiconductor materials and electronic materials sectors, with no restrictions on stage or performance.
  • A provincial mother fund interested in investing in enterprises in the fields of semiconductors, new materials, and high-end manufacturing, specifically targeting companies with net profits exceeding 30 million and valuations around 10 times.
  • A military-civil integration fund (with a scale of 150 billion) looking to invest in military enterprises, with no restrictions on stage or performance, focusing solely on military-related companies.
  • A local government investment fund in the Chengdu-Chongqing area (with a scale of 100 billion) aiming to invest in new energy vehicles, motorcycles, new energy batteries and parts, electric construction machinery and components, new chemical materials, commercial aerospace, unmanned aerial vehicles, robotics, and biomedicine, with no restrictions on stage or performance.
  • Tuirong Bay’s afternoon tea has started! Join us every afternoon from 2:00 PM to 6:00 PM to discuss your projects (advanced reservation required).

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/new-energy-company-with-german-technology-launches-in-changzhou-following-successful-financing/

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