Chuangyebang was informed that recently, Weijing Energy Storage, a high-tech enterprise focusing on the research and development of new grid-level energy storage battery technology and intelligent manufacturing, announced that the company has completed several rounds of financing within 6 months, with a total financing amount exceeding 400 million yuan. Investors include Gaorong Capital, Songhe Capital, Ultrasound Juneng, Dashu Evergreen, ZhenFund, etc. The funds raised will be used for the continuous technological innovation of zinc-iron flow batteries, as well as the construction and commissioning of multiple “super-G factories” with gigawatt-level production capacity. Capacity, with technologies and products to empower energy storage system integrators, new energy power plants, power grids, energy storage power stations, industrial and commercial users including charging pile operators, and contribute to the early realization of China’s dual carbon goals.
Founded in 2018, Weijing Energy Storage is a high-tech-driven intelligent manufacturing company of energy storage batteries. Weijing Energy Storage brings together a group of scientists, electrochemistry experts, power system experts, mechanical engineering experts, digital experts from all over the world, as well as industry elites from intelligent manufacturing and other related fields, and has long been committed to the research and development of new energy storage battery technology and smart manufacturing of energy storage batteries.
Weijing Energy Storage has the world’s leading zinc-iron flow battery technology, as well as complete supply chain capabilities and super mass production capabilities. The intelligently manufactured batteries not only fully meet the technical requirements of new power systems for energy storage batteries, but also It has excellent advantages in various performances, including: extremely safe, low cost of electricity, long time, large capacity, high cycle times, environmental friendliness and flexible site selection.
Mr. Yue Bin, founding partner of Gaorong Capital, said: “The new energy storage battery will be the key technology and product to change the future energy pattern and ensure that new energy becomes the main energy source. Weijing has demonstrated its superior strength in technological innovation and advanced manufacturing. We believe that Weijing Energy Storage will bring breakthrough value to my country’s energy reform and dual-carbon strategy through continuous technological innovation and accelerated capacity improvement.”
Mr. Li Wei, the founding partner of Songhe Capital, said: “In order to achieve the dual-carbon goal while developing the economy in my country, it is urgent to develop a new power system integrating source, network, load and storage, which is inseparable from the basic equipment of new energy storage batteries. Viking Energy’s zinc-iron flow battery products have the advantage of generation difference in technology, and have successively built ‘super-G factories’ in many places, and its production capacity will exceed 1GW next year. Songhe Capital is very happy to cooperate with Viking Energy Storage. Join hands to witness the take-off of the energy storage battery industry.”
Weijing Energy Storage said that it is very exciting to walk with like-minded partners on the journey of energy transformation. In the future, Weijing Energy Storage will continue to accelerate the development of intelligent manufacturing capabilities, rapidly increase the output of zinc-iron flow batteries, and adhere to technological innovation to continuously improve product performance and economy to match diverse power service application scenarios and empower energy storage. Energy system integrators, new energy power plants, power grids, energy storage power stations, industrial and commercial users including charging pile operators.
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