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Deputy Governor of Anhui Province and Secretary of Fuyang Municipal Party Committee, Visited Narada Power Source Co Ltd.

On 15th November, Yang Guangrong (Deputy Governor of Anhui Province), secretary of Fuyang Municipal Party Committee and his party went to Hangzhou to visit Zhejiang Narada Power Source Co., Ltd. Mr. Wang Bo (Secretary of the Municipal Party Committee), Liu Yujian (Secretary of the Party Working Committee of the Municipal Economic Development Zone), Wang Jiaren (Director of Municipal Development and Reform Commission), Gao Wenjun (Director of the Municipal Bureau of Economy and Information Technology), Xu Huidong (Secretary of the Jieshou Municipal Party Committee), Deputy Mayor of the Municipal Government and other leaders participated in the meeting research. Wang Haiguang (Chairman of Narada), Wang Yueneng (Vice Chairman), Zhu Baoyi (President), Wang Yingjiao (Vice President) and Chen Liying (Assistant President) accompanied the guests.

Governor Yang and his party visited Narada’s National Enterprise Technology Center, National Approved Laboratory, Energy Storage Demonstration Power Plant and Lithium Power Production Base to learn more about the company’s production, operation, technological innovation, investment composition, project promotion, talent introduction, planning and development.

Following which, at a forum, Chairman Wang Haiguang detailed the development and innovation of Narada in the energy industry. On behalf of Narada, he thanked Anhui Province and Fuyang City for their strong support. Together with Anhui Province and Fuyang City, Narada will look to continue the cooperation for further joint development.

Governor Yang affirmed the innovation and development of Narada. He pointed out that with the rapid economic development of Anhui and Zhejiang, the economic cooperation has formed a new all-rounded dimension. Narada is a product of the economic cooperation between the two places. It hopes that Narada will be able to integrate Fuyang’s development strategy, explore new development paths, fulfill social responsibilities, by relying on its own advantage to create industrial transfer agglomeration areas for future cooperation. By continuing to extend the industrial chain to strengthen the industry to achieve mutual benefits and win-win results.

Governor Yang requested to fully grasp the enterprise’s project production, operation, construction cycle, capital turnover, talent introduction, technological transformation, product upgrades, future development to coordinate , service, guarantee, and promote project cooperation in the future to continuously improve and achieve practical results.

At the meeting, Xu Huidong (secretary of the Jieshou Municipal Party Committee), and Wang Haiguang (Chairman of Narada), signed a “new lead-carbon energy storage battery project” cooperation agreement. Both parties will further deepen the cooperation on the basis of complementary resource advantages to achieve mutual benefit and win-win results.

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Annotation 2019-09-27 092914

Narada 25th anniversary Celebration

On September 21, 1994, Narada Power Source Co., Ltd. was established, which opened the prologue to the development of the company. On September 20th, the eve of the company’s 25th anniversary, Narada held a grand ceremony to award commemorative badges to employees of 20 years, 10 years, 5 years, and above 1 year old. In addition to the headquarters venue, Lin’an Production Center, Narada Power Technology, Anhui Transportation Management Center, Wuhan Narada, Guojian Narada, and Changxing Narada, six major venues were set up at the same time to celebrate our company’s 25th anniversary.

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The energy storage capacity and power scale of Narada ranked first in 2018

Recently, the China Industrial Association of Power Sources Energy Storage Application Branch released the “2019 Energy Storage Industry Application Research Report”. Narada’ s installed capacity and power scale ranked first in China’s new electrochemical energy storage projects in 2018.

The white paper not only analyzes the pattern and situation of the domestic and international energy storage market of 2018, but also publishes the ranking of China’s newly-invested electrochemical energy storage of 2018.

As it can be seen from the rankings, Narada has taken the leading in terms of new installed capacity and power scale, ranking first in the two rankings.

2018 has become a crucial year for China’s energy storage development. The energy storage market of China has achieved another round of rapid growth. The cumulative installed capacity of electrochemical energy storage has exceeded GW. The proportion of energy storage in the grid side and auxiliary service market has increased significantly, and energy storage applications have been fully rolled out in various fields.

Since 2016, the company has actively explored and promoted the commercialization of energy storage. Based on the economy of lead-carbon batteries, it has developed a domestic FM-based market for domestic users and overseas power. Based on lithium battery system integration technology, it has expanded its energy storage applications on the grid side.

The well-tested Narada’s energy storage system technology has entered a mature application stage.

Based on the closed loop of the existing industry, Narada will continue to iterate system solutions, expand cost advantages, and contribute wisdom and strength to the exploration of energy storage commercialization and service to the global integrated energy market.

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Narada signed an agreement with Prologium to promote the industrialization of solid state lithium battery

Recently, Narada and Prologium signed an early authorization agreement in Hangzhou. We reached a preliminary agreement on the licensing of solid-state lithium battery production technology. It is expected to start operation after signing a formal cooperation agreement at the end of this year.

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At the beginning of the cooperation, the two companies will be positioned in the solid-state lithium battery for energy storage applications. Prologium will provide production licenses to Narada, and will authorize solid-state battery cell production technology with an energy density of about 240Wh/kg to provide core equipment and materials for production. And assist in the planning and guidance of the plant.

Narada will become the exclusive authorized partner of Prologium in the energy storage market.

Based on Prologium ‘s high-automated production technology of solid-state batteries and market resources accumulated in the field of energy storage, Narada will gradually promote the industrialization of solid-state lithium batteries and plan to enter the electric vehicle market after commercialization of solid-state lithium batteries for energy storage.

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Based on the advantages of safety and energy density, solid-state batteries have become an important direction for the development of lithium batteries in the future.

Through this strategic cooperation, the two parties will combine their respective superior resources to carry out all-round and in-depth cooperation from technology to business, in order to achieve mutual complementarity and achieve a win-win goal.