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A Leader in Commercialization of Energy Storage Application

On August 30th, 2016, a large-scale Battery Energy Storage System (1st Phase: 1.5MW/12MWh) which was designed and constructed by Narada Power for a Chinese silicon industry company has successfully been put into service. It is the first commercialized Battery Energy Storage System (BESS) in China.

 

In this project, Narada has been acted as an EPC to provide overall design, procurement, construction and system integration service, and the project is finally put into service after 8 months construction and commissioning. Narada has also been engaged to provide a series of services including electricity consumption management, operation and maintenance afterwards. The completion of this project marked that Narada has the leading position in commercialization of energy storage power station, especially in Battery Energy Storage System (BESS).

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The 1st commercialized BESS in China. Designed and constructed by Narada Power
(1st Phase Completed: 1.5MW/12MWh)

The Energy Storage System (ESS) is one of the key technologies applies to Smart Grid, Distributed Generation, Renewable Energy Integration, Micro-grid, as well as development of Electric Vehicles. In large-scale renewable power generation, ESS is applied to peak-shaving to smooth the variable and intermittent power output; In the side of “behind-the-meter”, ESS can be used to improve reliability of electricity provision by shifting peak demand to off-peak period, which has changed the mode of traditional power system, and it has efficiently decreased the peak capacity of generators and increased the utilization of generators; In the side of Transmission and Distribution lines, ESS has largely improved the acceptance ability of renewables integration, and it has facilitated the renewables development and utilization intensively.

 

Being the leader in Energy Storage industry, Narada has made a quantum leap in Lithium Ion technology, Advanced Lead Carbon technology, BESS solution innovation and marketing development. Narada products and solutions have been widely applied to demonstration and commercialized projects in both domestic and oversea markets, and their reliability and economic feasibility have been fully verified.

 

By the end of 2016, Narada has already completed and contracted BESS for over 800MWh totally, and mainly applying to peak-shaving for enterprise application, frequency regulation for utility-scale, as well as renewable energy integration. Projects are deployed in many different markets, i.e. China, India, Canada, Singapore, Indonesia, Pakistan, etc.

 

Besides of the first commercialized BESS mentioned above, Narada is now working on the largest BESS for industrial park in China, with total 15MW/120MWh installation capacity, that helps to save around 32.4 million RMB annually in power consumption for the industrial park. On the other hand, Narada also provides storage system of frequency regulation for both solar farm in Canada and Indian national grid.

 

In the future, on the basis of continuous reduction of cost per kWh, Narada will keep carrying forward the novel business model “Investment + Operation” in BESS commercialization, and Narada will contribute to sustainable development of energy for the whole world by continuous innovation, technology improvement, platform construction for Energy Internet, and commercialization of smart energy.

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Narada Attended 2016 Future of Energy APAC Summit

Recently, the 2016 Future of Energy APAC Summit, organized by Global Energy Interconnection Development and Cooperation Organization and Bloomberg New Energy Finance, was convened on the future of energy, covering three themes: trade, technology, and the transition to a lower-carbon energy system over two days of discussion, debate, and discovery in Shanghai. More than 400 representives from international organizations, government agencies, universities, research institutes and enterprises, participated in this pageant.

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2016 Future of Energy APAC Summit was held in Shanghai.

In the same period, the summit set up 8 main forums-“Future Energy Outlook”, “Asia Energy Interconnection”, “Chinese Energy Transformation”, “Profit Model of PV Solar Enterprises”, “Auto Industry Outlook”, “Financing of Asia Renewable Energy “, “PV Innovation – Frontline Green Revolution” “Energy Storage and Battery “, as well as 9 sub-forums; and also held a number of sharing sessions, released the research reports.

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On the second day of the summit, the organizer invited industry experts and related manufacturers to participate in round-table discussions on energy storage and battery-related issues. Mr. Wu Hanqing, General Manager of Overseas Market and EPC Engineering Division, was invited to participate in the discussion. Attendees discussed about the present status and future policy outlook of Chinese energy storage industry and the current energy storage technologies, such as lead carbon battery technology, lithium battery technology.

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Mr.WuHanqing, GM of Narada Overseas, participate in the thematic roundtable discussion.

Mr.Wu Hanqing, General Manager of Overseas and EPC Engineering Division,shared Narada’s progress in the commercial application of energy storage and talked about the main business opportunities in global energy storage market, such as peak regulation, home Energy storage, industrial and commercial energy storage, renewable energy connected-grid, reducing abandoned air and discarded light, micro-grid and etc.In addition to the existing subsidies mechanism for household/commercial energy solutions, Mr.Wu also shared more economic benefits and business models, which attracted the attention and praise from the audience.

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Mr. Wu spoke at the sub-forum on Energy Storage & Batteries.

The Future Energy Summit was founded by Bloomberg in 2008 and has ever been held in New York, London and Shanghai. 2016 Future of Energy APAC Summit aims to promote the “Global Energy Internet” concept at a higher level and a wider range of dissemination, seize the opportunities of “the Belt and Road Initiative” to promote interconnection of regional internet in Asia as well as global infrastructure, which are fit for Narada’s vision of “building energy Internet platform”. In the future, Narada will make full use of opportunities to promote energy Internet solutions at home and abroad to provide comprehensive solutions and operation services for the Global Smart Energy.

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Narada was awarded in Australian Annual Energy Storage Summit

With support of the Victoria Government, the Australian Clean Energy Council and Australian Power Grid Companies, the 7th Australian Energy Conference was inaugurated in Melbourne Pullman Hotel on October 11th, 2016.

 

As the most influential summit of the energy storage industry in Australia, the two-days conference brought together more than 200 energy storage distributors, integrators, battery manufacturers, inverter manufacturers, as well as Australian local governments, power grid companies, associations and research institutions and the media from Australia and China.

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Mr. Wu addressed a speech on Lead-Carbon Systems

Mr. Wu Hanqing, General Manager of Narada Overseas Division, gave a thematic presentation on lead-carbon storage system. He gave a comprehensive introduction to the research and development of Narada lead carbon battery, the achievements of technological innovation, and the recognition of international advanced lead-acid battery association. Narada creates a brand new business model of “investment plus operations” with the cost-effective lead-carbon systems in the energy storage industry, leading the development trend of the industry.

He said, as one of China’s outstanding energy storage enterprises, Narada must take up the responsibility to create a global green environment, inspire every energy storage user by the high-performance long-life low-cost products and solutions as well as meticulous service, and spread ideas of environmental protection farther and longer.

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The theme of Day Two conference was “Case and Application”. Under the guidance of Owen LOCK, speakers from famous energy storage enterprises around the world shared their successful experiences and application cases.

During round-table discussion session, abundant topics and more intense discussions made the site atmosphere particularly warm. Mr. Wu expound Narada’s cognition and prospects for the Australian energy storage market from the perspective of a battery manufacturer, and express Narada’s future strategic direction and the main initiatives of household energy storage market.

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Narada participated in the pannel discussion on site

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Subsequently, the forum organizers specifically awarded the industry forerunners in the Australian energy storage market, to express their efforts in this year. Narada, with outstanding performance in Australia’s household energy storage market, ultimately won the most important title – “The Best Energy Storage System Supplier”, which also reflects Narada’s influence and appeals in Australian household energy storage users’ mind.

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Narada was awarded The Best Energy Storage System Supplier”

This award marks Narada’s important status in the overseas emerging industries markets and higher acceptance and recognition by our professional-grade users. Narada will take this opportunity to make the greatest contribution to the sustainable development of the global energy storage industry!

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China announced nearly 600MW of energy storage in Q3 2016

China’s deployment of energy storage looks set to continue an upward trajectory, with almost 600MW in the pipeline as of the third quarter this year.

According to figures released by the China Energy Storage Alliance (CNESA), 14 new projects were announced in Q3 2016 totalling 587MW. This includes projects that are in planning stages, under construction and that have gone online in the quarter. This appears to represent a significant boost to the sector, and is a vast 586% increase on the same period of last year. Up until the beginning of the quarter, CNESA found, 170.6MW of energy storage was in operation in the country.

The bulk of this large figure is contributed by a single project, a touted 400MW supercapacitor storage station with storage duration of four hours in Guazhou County, in the northern Gansu province, a couple of hundred kilometres south of the border with Mongolia. This project will be used to demonstrate the use of storage in preventing wind power capacity curtailment on a microgrid. The project, by Shidai Jiahua Co, requires US$680 million in investment and has an expected payback time of 16 to 18 years.

There was also a 160MW local government project in Inner Mongolia, another microgrid to be used for renewables integration. The local authority of Xilin Gol, one of Inner Mongolia’s 12 sub-divided regions, is keen to trial retail sales of electricity from independent suppliers and this project represents a major step forward in this regard.

While these two huge projects are in northwestern regions of China, Jiangsu in the east will get some significant new projects including a 1.5MW/12MWh project from partners including battery maker Narada Power, inverter maker Sungrow and project developer GCL Power, which is an arm of one of China’s biggest PV groups, GCL Poly. Narada Power was also involved in a 15MW/120MWh project in Jiangsu’s Wuxi City Xingzhou Industrial Park.

Overall, renewables integration appears to be the biggest application driver for energy storage in China, as seen in the diagram below. While big announcements were plentiful, only 1.5MW of storage actually came online in Q3, which was nonetheless a 50% increase on the same period of 2015.

China announced nearly 600MW of energy storage in Q3 2016Image: CNESA.

Regional reforms, big factories and major investments

CNESA also reported that there have been several rounds of regional-level reforms including the establishment of electricity trading centres, the approval of various reform plans by the National Energy Administration and the start of development of power trading markets in various regions.

There was also major news in terms of production centres for energy storage technologies with Sungrow’s partnership with Samsung SDI expected to reach 100MWh production capacity this year and 500MWh next year. GCL Integrators is also building a large facility, a 500MWh battery factory. GCL is investing US$13 million in that plant.

In terms of significant investments in energy storage reported on by CNESA, Shanghai Electric Power has committed to investing US$870 million in the next three years on 100 to 200 energy storage projects in Wuxi, Jiangsu province. The company will make an even bigger investment in Hubei province, central China, putting in US$4.3 billion for more than 1,000 storage projects over the next five years. Meanwhile lithium-ion battery maker Zhuhai Yinlong Co. was purchased by appliances manufacturer Gree for US$1.8 billion.

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Interview by CCTV finance channel at Narada

A few days ago, trading time from CCTV finance channel has made an interview in Narada, and they entered into the production basement of lithium battery for filming on a production process of Lithium Iron Phosphate and ternary lithium battery, also for exploration into current status and prospect. Narada president Mr. Chen. Bo and board secretary Mrs. Wang Yingjiao have accepted the interview.

 

 

 

 

 

 

The lithium industry has been developed so fast in this year, attracted a lot of investment and attention. As long as attention increased in this industry, trading time from CCTV finance channel has made a deep interview in many sections of lithium production, such as raw material provision, manufacturing process, supply chain…etc.

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Survey of Narada by the undersecretary of China Ministry of Science and Technology

On 14th July, the undersecretary of China Ministry of Science and Technology, Mr. Wang Zhigang has visited Narada for survey and investigation, together with other important leaders of Zhejiang province, accompanied by the president of Narada power source, Mr. Chen Bo through the full itinerary guides.

The undersecretary arrives at Narada                                                                   ▲The undersecretary arrives at Narada

Undersecretary Wang has visited the product exhibition center, national technology center as well as PV-storage integrated microgrid station at Narada, deeply impressed by many cutting-edge innovations here, such as advanced lead-carbon battery, high power lithium ion battery, fuel-cell, pioneered high-temperature battery for energy conservation, smart control center of micro-grid, brand-new business model for energy storage…etc.

Undersecretary Wang appreciated very much about the business model of “investment + operation” initially invented by Narada in storage industry, which provided energy solution at customers’ side and contributed a lot to global commercialization for energy storage.

President Chen. Bo reported to undersecretary Wang about development status and self-innovations of Narada in the new energy field as well as the scientific R&D achievements in three major fields of telecom, motive power and energy storage, aroused great invest from the visiting group.

Visit on exhibition center of Narada                                                                       ▲Visit on exhibition center of Narada

It is also highly recognized by undersecretary Wang that Narada is now striving to become a leader of the systematic solution for motive power of an electrical vehicle, energy storage of smart micro-grid, back-up power of global information technology.

Undersecretary Wang fully approved the achievement of Narada in innovation, development and encouraged Narada to continue investment in order to develop a good model for National high-technology.

He also emphasized that science and technology is a key factor of transformation and upgrading in industry, and innovation is important to improve industry chain.

Visit on Narada integrated storage station for micro-grid

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The visit of Undersecretary Wang greatly inspired the confidence of Narada in process of industrial transformation and upgrading, as well as technology innovation in future. Narada will for sure increase investment on scientific innovation continuously, so as to explore a comprehensive solution for smart energy, and to promote the industry of new energy.

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Narada received the Green Product Certification Award from SGBC

Narada received a Green product certification award with SGBP Rating of “Very Good” for HTB, REXC and ICS series from SGBC Singapore Green Building Council on 1st June 2016 during Narada partner and appreciation dinner.

The Singapore Green Building Product (SGBP) labelling scheme is widely recognised for it’s holistic and comprehensive approach towards sustainability criteria, drafted by professionals and experts put together by the Singapore Green Building Council (SGBC) for the industry, by the industry. This grounded methodology enables building products to be impartially evaluated for their relevant, noteworthy qualities, benchmarked against similar products in its category. As a direct result of this emphasis on industrial applicability,the SGBP labelling scheme is recognised under the Building and Construction Authority’s (BCA) Green Mark Scheme, allowing certified products to accrue additional points that count towards a project’s eventual rating.

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NARADA RECEIVED IMPACTFUL REWARDS AT CIBF 2016

From 24th to 26th May 2016, The CIBF 2016 was held in Shenzhen (The 6th China International Energy Storage Conference and the International conference on the Frontier of Advanced Batteries). Chief president Mr. Chen Bo offered a speech with theme of Exploration of Narada power in commercialization of energy storage, that received a quite positive feedback.

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President Chen.Bo at the conference

In his comprehensive presentation, Mr. Chen. Bo has analyzed the potential value and opportunity from global market of energy storage in multiple perspectives, and reflected the current situation of storage commercialization from the viewpoint of five challenges, at last he presented system solution of Narada energy storage in detail, as well as outstanding performance in the process of Narada storage commercialization.

In this conference, Narada is awarded with two important prizes: “The most impactful enterprise of energy storage in China 2016” and “The best solution provider of system integration for energy storage in China 2016” thanks to Narada’s innovation ability, market competence and brand influence in energy storage field.

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The best solution provider of system integration                          ▲The most impactful enterprise of energy storage

The “Investment + Operation” commercial model of energy storage, invented by Narada, can realize smart management of power, charging at valley hour and discharging at peak hour, which will not only save electricity bill for clients, but also can predict power generation and loads consumption, as well as energy dispatch that can actively balance loads, as a result, the energy management can be precisely optimized, while the service of “storage+” will be added more value.

 

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The prize of most impactful person of China storage 2016 for Mr. Chen.Bo

As the leading global provider of storage solution and service, the storage systems made from Narada lead-carbon and lithium, have been operated smoothly more than 5 years, whose security and reliability has been well approved, that means, it is already provided with economical efficiency for commercial popularization at user-sides.

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The prize of excellent specialist of storage for Narada Chief engineer Mr. Wu

These rewards are actually a full confirmation for Narada continuous endeavor and investment and on R&D in energy storage filed. In future, Narada will always support the new energy industry of China to grow and develop fast and steadily by means of more green products and solutions with high reliability, high quality and high efficiency!

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Narada has signed a big commercial project of energy storage

 

On 14th April 2016, good news came from Narada, that a project agreement has been signed between Narada and Suzhou Zhongheng energy corporation, about power station of energy storage application, with a storage capacity of total 68.64MWh (2,059MWh power storage per month).

This is a major breakthrough of Narada in commercial storage projects, whose scale has reached a hundred Megawatts and it signifies the company policy of “investment + operation” in storage stations has been successfully performed, which will bring stable cash flow and considerable profit to Narada in following ten years.

 

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▲The storage scale of Narada has reached a hundred Megawatts

 

The importance of energy storage is highly noticed globally at the present stage, that is the key part to build up “energy internet” and the key entrance of future energy.

Narada always persists in the development objective to participate in the construction of global energy internet and stratify the requirements from global electricity in a green and smart way. Narada masters the key technology of energy storage far ahead in the whole industry, based on innovative lead-carbon technology, which has lowered the storage cost into a certain level that widely accepted by commercial applications. Since 2016, Narada largely spreads its business model of “investment + operation” in commercial storage applications

 

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▲An agreement with Suzhou Zhongheng energy corporation

China highly attaches importance to the industry of energy industry with continuously relative policies in order to encourage scientific progress in this field. Those policies will bring Narada a great chance in development and expansion and also bring the storage industry an explosive growth along with the further cost reduction and more mature technology.

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Chief engineer of Narada made a speech at 2016 GEI

 

 

On 30th March 2016, the International Conference on Global Energy Interconnection (GEI) was solemnly opened with the theme that to fulfill power requirement globally in clean and green way. The GEI was mainly held by China State Grid, United Nations action on climate change, IEA (International Energy Agency) and EEI (Edison Electric Institute)….etc. with presence of over 600 representatives from government, industrial association and related institutes in more than 26 countries.

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2016 International Conference on Global Energy Interconnection (GEI)

 

The chairman of State Grid, Mr. Liu Zhenya mentioned that: the global energy interconnection consists of grid of ultra-high voltage, smart grid and clean energy, which is an open and shared energy system with low-carbon content, high efficient economy and continuous supply, and is the only path to realize sustainable development for human beings.

The vice general secretary of UN, Mr. Wu Hongbo pointed out that: UN will actively take GEI as an important solution against climate change and organize every related party to improve the development of GEI together.

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Chief engineer of Narada Mr. Wu gave the speech

 

The chief engineer of Narada, Mr. Wu Xianzhang has been invited to this conference and he made a speech with the theme of Lead-carbon battery —- a novel solution for energy storage. He said that Narada always insists on the path of development, which can build up a global energy interconnection, and satisfy the power requirement by smart means.

“Energy storage is a quite important section of GEI and as a leader of storage industry, Narada is now upgrading its business model, from battery product to system solution, then to synthetic operation and service”

“Energy storage is a quite important section of GEI and as a leader of storage industry, Narada is now upgrading its business model, from battery product to system solution, then to synthetic operation and service”

“Narada mastered the technology of energy storage very early in the industry, and continuously promote its commercialization. As a key part of storage system, the Narada lead-carbon battery has been researched and developed for many years, whose cycle life and charge performance is highly improved, while economical enough for commercialization, which have been widely proved in many storage projects.

“With development of solar, wind and other renewable energy, Lead-carbon battery has got a bright future in this “green industry” because of no consumption of earth resource. The limited energy can only be utilized at maximum when it could be stored properly!”

“In future, I hope Narada would be one of important parts of GEI” said Mr. Wu