Everlasting Energy: Lithium-ion battery storage technology is evolving with the green transition, enhancing production chain efficiency and operational capabilities.
Recently, the National Energy Administration, along with four other departments, released a guiding document titled “Recommendations for High-Quality Development of Energy Storage Technology”. This document outlines the strategic goals to establish a robust energy storage system based on lithium-ion technology by 2025, aiming to improve safety and performance.
Under this policy framework, the green transition in energy storage has been prioritized. As a prominent player in the energy sector, Everlasting Energy (600157.SH) is focusing on lithium-ion battery technology to enhance its production chain efficiency, leveraging a “Resource + Technology + Project” model to address challenges in energy safety and carbon emissions reduction.
The lithium-ion battery storage system aims to achieve high safety standards and long operational lifespans. As part of the energy sector’s transition to green practices, Everlasting Energy is committed to developing a sustainable energy solution that promotes efficiency and reduces carbon footprints.
By September 2025, the project is expected to deliver significant results: achieving a cumulative electricity output of 294 million kilowatt-hours and completing 186 cycles of electricity discharge, with a total discharge volume of over 76 million kilowatt-hours. This initiative is designed to optimize energy costs and improve operational efficiency, supporting the sustainable development of energy resources.
The project also involves the self-generated 32kW lithium-ion battery system, which has already received national-level certification by the China Electric Power Research Institute as of April 2024, and is anticipated to reach full operational status by September 2025.
“This project is not just a viable option; it is a necessity,” stated a representative from Everlasting Energy, emphasizing the urgent need to transition to new energy resources in alignment with national energy goals.
Everlasting Energy’s strategic plan includes collaborating with various enterprises to enhance the integration of renewable energy technologies. This collaboration aims to build a circular economy that promotes resource sharing and technological innovation, ultimately contributing to the green transition.
In summary, Everlasting Energy’s initiatives in lithium-ion battery technology reflect a commitment to sustainable energy development and the pursuit of efficiency in energy production and consumption. As the market for energy storage continues to expand, the company is positioned to play a crucial role in shaping the future of energy in the region.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/sustainable-energy-development-silver-battery-storage-innovations-in-chinas-green-transition/
