Europe, a continent with a long history, is rich in culture and natural resources. However, in recent years, this ancient land is facing a serious energy crisis, a global attention of the energy storm is sweeping the European continent. Human beings are gradually entering the era of new energy, and an endless stream of new energy storage products are committed to making outstanding contributions to the sustainable development of human society.

Source: euenergylive

On July 15, 2023, foreign media reported that the price of electricity in many parts of Europe may fall below zero by the end of this week, coinciding with the surge of the summer monsoon and the seasonal peak of photovoltaic power generation. Countries such as Germany, the Netherlands, France and even the United Kingdom have been experiencing negative electricity prices one after another, which means that electricity prices will be below zero for two consecutive days. This news is shocking, the deep-rooted problems of the energy crisis in Europe are becoming more and more prominent.

This is not the first time that Europe has experienced the phenomenon of negative electricity prices. As early as early July this year, Germany, the Netherlands, Denmark has been caught in the negative electricity price ripples. The number of photovoltaic panels surge, making the stage of excess power supply, resulting in electricity prices fell to a shocking negative value. Not only that, earlier in late April, the Dutch power system had also touched negative electricity prices, once down to -739.96 euros / MWh. Consumers even in the consumption of excess power at the same time to get cash payments, this anomaly is puzzling.

Behind the negative tariffs is an oversupply of electricity brought about by the volatility of new energy generation. a report by the Ember energy think-tank suggests that wind and solar power will account for a record 22% of Europe's electricity in 2022, surpassing fossil gas and coal. However, the European power market is in an unprecedented state of shock as volatile green power continues to flood the grid and electricity price volatility widens.

Before the Ukrainian crisis, many European countries use Russia's proximity and relatively cheap energy supply to develop energy-intensive industries, since the Russian-Ukrainian conflict, soaring oil prices and Europe and the United States to carry out a series of sanctions against Russia has made the cost of Europe-wide production, especially energy-intensive industrial costs have increased dramatically, and has seriously threatened the prospects for the development of the European economy.

In light of these difficulties, since 2023 Europe has been adjusting its energy security policy in line with the new energy and geopolitical security situation it faces, adopting policies that tend to guarantee security of supply and stabilize prices. In the short term, in order to cope with the energy supply crisis, many European countries have introduced emergency measures, including the main way to seek more diversified sources of natural gas, increase the level of natural gas storage, extend the operating life of nuclear power plants, and provide subsidies for residents to use energy. However, in the long term, many European countries have significantly increased the proportion of renewable energy supply, with a view to completely changing the energy structure dominated by fossil fuels. However, this energy supply diversification process takes a long time, the European industry now need to cope with the huge fluctuations in energy prices and the plight of supply constraints.

Since the second quarter of this year, the rapid upward movement of natural gas prices in Europe, triggering the market discussion of the global energy crisis. The cause of the European energy crisis: little change in demand, the supply problem is the main cause. Unlike China and the United States, the current European most "lack" of energy in the United Kingdom, Spain, industrial and commercial energy consumption is lower than the level before the epidemic, the overall energy demand has not increased significantly. From Europe's fastest rising natural gas, the current scale of natural gas consumption in Europe as a whole within the 2015-2019 range; but from the supply side, since 2015, the scale of natural gas production in Europe showed a gradual downward trend since 2020, especially obvious, the energy supply problem is obviously more serious.

European energy supply fundamental constraints: high degree of external dependence + structural adjustment under the energy transition. Currently Europe's energy consumption share of the top three for crude oil, natural gas, coal. And these three kinds of energy Europe need to rely on imports, which also led to the overall energy dependence of the European Union is as high as 60%, the energy structure itself has a vulnerability. 2015, Europe continues to reduce the proportion of traditional energy in the structure of energy consumption, and enhance the proportion of clean energy. However, in the context of incomplete development of energy storage technology, natural resource-dependent clean energy (wind, solar) is more unstable. This makes the already fragile European energy structure "worse". The energy "hardest hit" Britain, for example, its power generation energy, natural gas accounted for the highest proportion (36%), followed by wind power (24%), while coal accounted for only 2%.

The supply crux of the current round of the European energy crisis: capacity contraction + inventory depletion + supply constraints.

After 2014, through the oil price crash and epidemic two rounds of impact, the global oil and gas capacity contraction is obvious. 2020-2021 Europe experienced a cold winter, natural gas inventory rapid depletion, down to historical lows.

In 2021, Europe's incoming wind conditions worsened, and wind power supply declined significantly compared with the previous two years. Russian-European gas pipeline volumes are at low levels and are relatively unstable.

In the short term, European inflation may remain high until the end of this year or early next year. Although the current European demand recovery is average and service sector prices are not rising rapidly, commodity prices are at historical highs since the 1990s. Price transmission from upstream to downstream may continue, and overlaying the low base effect in 2020, European inflation readings may remain high until late 2021 to early 2022.

In the longer term, attention needs to be paid to the impact of climate warming and energy transition on the global energy landscape. On the one hand, global warming will exacerbate the likelihood of extreme weather, leading to a rise in energy demand; on the other hand, countries in the context of global climate action to promote the transformation of the energy structure, but the new energy in the current stage of development there is a lack of stability in the supply of the problem, or to increase the vulnerability of the global energy supply and demand pattern. Risk Tip: Europe's rising inflation, global energy supply vulnerability.

European natural gas prices rose rapidly after August, triggering concerns about an energy crisis.2021 Since the beginning of the year, driven by supply shortages, natural gas prices in Europe, represented by the United Kingdom, have risen rapidly, about five times higher than at the beginning of the year. Europe's gas shortages have been exacerbated by the lack of a quick solution to the energy supply problem, compounded by the August 2021 fire at the Yamal-Europe gas pipeline. Rising natural gas prices are starting to trickle down to crude oil and other commodities, and concerns in overseas markets about a global energy crisis and stagflation erupted during the National Day.

European energy crisis probe: supply; European energy crisis cause: demand side of the change is not big, the supply problem is more serious. Demand-side view, the economic recovery phase after the epidemic, European energy demand did not increase significantly. Currently Europe's most "lack" of energy in the United Kingdom, Spain, industrial and commercial energy consumption is lower than before the epidemic, demand has not increased significantly. In the wake of soaring energy prices in Europe, a voice that is due to this year's faster economic recovery in Europe, which in turn led to a substantial increase in energy demand. However, if we exclude the residential side of the equation, where demand has been relatively stable (of course, the residential side is affected by changes in the weather, as will also be analyzed below, and this year's weather in Europe led to a rise in residential natural gas demand in the 1st quarter), energy consumption in the commercial and industrial sectors, which are more relevant to the economic recovery, did not increase significantly. Comparing the energy demand during the economic recovery of China and the United States, in 2021, China's electricity consumption, whether industrial or tertiary, significantly exceeded the same period in 2019 by 10% to 20%; the United States' current energy consumption is also basically back to the same period in 2019; however, the United Kingdom and Spain are still significantly lower than the same period in 2019.

European energy supply fundamental constraints: high degree of external dependence + structural adjustment under the energy transition.

Since the 21st century, Europe has been continuously committed to promoting the transformation of the energy structure to clean energy. Most countries in the European Union (such as France, Germany, the United Kingdom, Finland, etc.) in the 1990s has realized the "carbon peak", and the concept of "carbon neutrality" was first proposed by the European Union. In the 21st century, Europe has continuously reduced the proportion of traditional energy sources (crude oil and coal) in its energy consumption structure and increased the proportion of clean energy sources such as natural gas, wind and nuclear energy. However, due to the Chernobyl accident and the Fukushima nuclear leakage incident, Europe has been holding a more cautious attitude towards the development of nuclear power, especially in 2011, when Germany announced that it would close its nuclear power plants one after another, and the proportion of nuclear energy declined. By 2020, the largest share of Europe's energy mix will be crude oil (32%), followed by natural gas (26%) and coal (14%).

The "epicenter" of the energy crisis is the United Kingdom, whose energy structure is more uneven than that of other European countries. From the perspective of power generation energy structure, after 2014, the proportion of coal power generation in the UK is rapidly declining, while the proportion of natural gas and wind power generation is rapidly increasing. By 2020, the most important energy source for power generation in the UK is natural gas (about 36%), followed by wind power (about 24%), while the share of coal is only 2%. Germany's energy mix for power generation is more balanced than that of the UK. In Germany, coal accounts for about 25% of the energy used for electricity generation, wind power accounts for about 23%, and natural gas accounts for about 17%. This also means that the United Kingdom compared to other European countries such as Germany, its energy supply is more susceptible to weather factors and natural gas supply problems, which is why the energy crisis for the United Kingdom, the most seriously affected countries, but Germany was relatively small impact.

Europe's own energy endowment is scarce, energy supply is dependent on external, high vulnerability. As mentioned earlier, Europe's energy consumption structure accounts for the top three crude oil, natural gas and coal. However, Europe's own energy endowment is relatively scarce, only wind and nuclear energy to achieve self-sufficiency, crude oil, natural gas and coal are very dependent on foreign (especially Russia) imports. This also leads to a high degree of external energy dependence in Europe as a whole, and the EU's energy external dependence could reach 60% in 2019. The high degree of external dependence of the energy structure makes its energy supply greatly dependent on foreign supplies and more unstable. Superimposed on the high proportion of wind power in European power generation, but wind power is affected by weather and other uncertainties, making the overall energy structure of Europe more fragile, once the supply side of the problem is prone to greater negative impact.

Responding to the European energy crisis and high electricity prices: the need for home energy storage systems

Against the backdrop of the current European energy crisis and rising electricity prices, the installation of home energy storage systems has become a pressing need for European residents. This need arises from the instability of the energy supply, the high cost of electricity and the quest for renewable energies. The importance of installing home energy storage systems in Europe in response to the energy crisis and high electricity prices cannot be overstated.

1. Instability of energy supply:

With growing energy demand and fragile energy supply chains, Europe is facing serious energy supply shortages. Political unrest, natural and man-made disasters, and other factors can lead to disruptions in energy supply, further exacerbating the urgency of the energy crisis. In the face of such instability, home energy storage systems are able to store excess energy for emergencies. By decoupling their home's energy reserves from the main grid, residents are better protected against the risk of energy supply interruptions and ensure the normal functioning of their homes.

2. High electricity bills:

The high cost of electricity is a common problem in Europe, which puts a heavy strain on daily life and financial burdens. Due to rising electricity prices, many families find themselves paying higher and higher electricity bills. And home energy storage systems can effectively reduce electricity expenses. By storing solar energy during the day or cheap electricity during low peak hours and using the storage system to supply electricity during peak hours, residents can reduce their reliance on the grid, thereby lowering their electricity bills. This type of energy self-sufficiency is not only economically attractive, but also helps to ease the load pressure on the electricity network.

3. Pursuit of renewable energy:

The pursuit of renewable energy sources is growing among European residents. Renewable energy sources, such as solar and wind, are considered key to future energy development and are important for combating climate change and reducing greenhouse gas emissions. However, the volatility and intermittency of renewable energy sources limit their availability. Home energy storage systems can solve this problem by storing an excess of renewable energy so that it remains available for home use during unpredictable weather conditions. This not only increases the utilization of renewable energy, but also reduces dependence on conventional energy sources, providing residents with a sustainable and environmentally friendly energy solution.

The installation of home energy storage systems has become crucial under the combined pressure of the energy crisis and high electricity prices in Europe. It can not only cope with the instability of energy supply and ensure the normal functioning of the household, but also reduce the residents' electricity expenses and alleviate their financial burden. In addition, home energy storage systems can help promote the utilization of renewable energy and sustainable development. Therefore, European residents need to actively adopt home energy storage systems to contribute to future energy development and to realize a win-win situation for individuals and society in the context of the energy crisis and high electricity prices. Through this initiative, European residents will be able to take better control of their energy future, realize the sustainable use of energy, and leave a better living environment for the next generation.

In recent years, the energy storage power industry into the development of the fast lane, the steep increase in demand not only let the major energy storage companies to start the expansion plan, and even led to a lot of other areas of the head of the enterprise cross-border into the game. The industry is bustling, with different designs, functions of the new energy storage products are also endless, but consumers are still most concerned about the core points of product safety and practicality.

When it comes to energy storage products, what comes to mind may be large-scale power storage, industrial and commercial energy storage equipment, but in fact, with the upgrading of science and technology and user consumption as well as the refinement of energy use around the world, more and more energy storage products show home use, portable. Household energy storage products refers to the energy storage system for home user scenarios, usually installed in combination with household photovoltaic systems to provide electricity for home users. The installed size of this type of product is usually above the 10kWh level, which is a much smaller stand-alone size compared to the generation-side/grid-side/industrial/commercial energy storage, which is usually above the megawatt-hour level. Saving electricity costs is an important motivation for users to allocate storage. Household energy storage products generally in the daytime power generation, but the peak of home users in the night, power generation and power time mismatch, configuration of energy storage can help users will be more electricity during the day to store for night use; on the other hand, the user at different times of the day electricity tariffs are different, the existence of peaks and valleys, the storage system can be used in the valley time through the grid or self-use of photovoltaic panels to charge, the peak hours of discharge for the load to use, thus avoiding the need to use the energy storage system. The energy storage system can be charged by the grid or self-used photovoltaic panels during the low hours and discharged for use by the loads during the peak hours, thus avoiding the need to use electricity from the grid during the peak hours and effectively saving electricity costs.

A home energy storage product system usually consists of a battery pack, a battery management system (BMS), an energy storage converter (PCS) and an energy management system (EMS), of which the energy storage battery and the converter are the higher-value core components.

In terms of product form, it is equivalent to the extension of high-capacity portable energy storage. Capacity expansion can be realized by stacking products and modules; the positioning is also more flexible, which can meet the emergency demand of a few degrees of electricity, and can also be extended to the whole house backup power. Taking into account the attributes of outdoor use, such as outdoor activities, outdoor gardens, RVs and other scenarios, it can be realized by a mobile design with wheels or by moving a battery module. The home-based PV energy storage system consists of a PV grid-connected and off-grid system, an energy storage inverter, a battery, and a load. For a villa family, a 5kW PV energy storage system can fully satisfy the daily power consumption. During the daytime when there is light, the PV panels on the roof can provide all the electricity needs for the villa family, as well as powering the new energy vehicle. When all of these basic applications are met, the remaining power goes into the storage battery to prepare for nighttime energy needs and cloudy weather, ensuring the effective operation of the complete home-based energy storage system. In the event of an unexpected power outage, the home energy storage system, maintains continuity of power supply with minimal response time. Home energy storage system makes solar panel power generation more reliable, avoiding the shortcomings of not being able to generate electricity on cloudy and rainy days, which is undoubtedly an excellent choice for villa backup power. Affected by the world energy crisis, home storage system is becoming more and more common, accepted and loved by everyone, and is the forerunner in implementing sustainable development. Especially in Europe and the United States, this kind of home energy storage products are very popular, in recent years, in China, there are more and more families respond to the national "green energy" call, choose this form of energy storage.

In the past, households mainly relied on energy delivered from the grid, but with the development of home energy storage systems, more and more families are beginning to realize the green life of self-sufficiency. With home energy storage systems, families can store excess solar power for emergencies, thereby reducing their dependence on the grid and realizing a self-sufficient green life. So how does a home energy storage system achieve self-sufficient green living? First, a home energy storage system requires solar panels. Solar panels convert sunlight into usable electricity that can power a home. Then, the solar panels convert the excess electricity into electrical capacity stored in an accumulator home energy storage, which can be released from the battery when it is needed for use. The heart of a home energy storage system is the battery, so it's important to choose the right one. Home energy storage batteries on the market are usually divided into several types: lead-acid batteries, lithium-ion batteries, and lithium iron phosphate batteries. Lead-acid batteries are cheaper but have a shorter lifespan, while lithium-ion batteries are more durable but more expensive. Lithium iron phosphate batteries are a bit safer. In addition, the capacity of home energy storage batteries needs to be determined based on the household's electricity consumption and the output of solar panels.

Europe and the United States home energy storage market: the current situation and future prospects for development

Against the backdrop of the energy crisis and high electricity prices in Europe, home energy storage systems, as a key energy solution, are gradually attracting widespread attention from European and American residents. The status quo of the European and American home energy storage market, including market size, technological development and policy environment, and looking forward to its future development prospects are the main research directions of most of the current energy storage system manufacturers.

Market size:

Europe and the United States home energy storage market size continues to expand. According to market research organizations, up to now, the European and American home energy storage market size has reached billions of dollars. This market growth is mainly driven by the energy crisis and high electricity prices, as well as the pursuit of renewable energy.

Technology Development:

Home energy storage technology has made significant progress in Europe and the US. Lithium-ion battery technology is currently the most commonly used technology in home energy storage systems, with prices continuing to fall and performance improving. In addition, emerging technologies such as nanotechnology and flow battery technology are emerging to provide more efficient and reliable options for home energy storage systems.

Policy Environment:

The policy environment in Europe and the U.S. has played a positive role in the development of the home energy storage market. Various government incentives and subsidies have been introduced to encourage residents to install home energy storage systems. In addition, policies to reduce greenhouse gas emissions and promote the utilization of renewable energy sources also provide a favorable environment for the development of the home energy storage market.

Future Development Prospects:

1. market growth:

It is expected that the home energy storage market in Europe and the United States will continue to maintain stable growth in the next few years. The problems of energy crisis and high electricity prices still exist, and with the popularization of renewable energy, the demand for home energy storage systems will further increase. At the same time, the continuous development of technology and further cost reduction will also drive the market expansion.

2. Technological innovation:

With continuous technological innovation, home energy storage systems will become smarter and more efficient. The application of artificial intelligence will enable the system to better predict and optimize energy usage and improve energy efficiency. In addition, the combination with smart homes and electric vehicles will also bring new growth to the home energy storage market.

3.Policy Support:

Government policy support for renewable energy and energy transition will continue to grow. Governments will further develop and improve incentive policies to promote the widespread use of home energy storage systems. In addition, governments will increase investment in R&D and innovation to facilitate the emergence and market adoption of new technologies.

4. Energy interaction and sharing:

In the future, home energy storage systems will also gradually integrate with energy interaction and sharing. Through the construction of the smart grid, home energy storage systems can communicate with the grid in both directions to achieve energy sharing and flexible scheduling. This will promote the efficient utilization of energy and the stability of the energy system, providing residents with more reliable and sustainable energy services.

The home energy storage market in Europe and the United States has ushered in rapid development against the backdrop of the energy crisis and high electricity prices in Europe. The expanding market scale, continuous technological innovation, and positive supportive policy environment have provided favorable conditions for the promotion and application of home energy storage systems. In the future, the home energy storage market is expected to continue to maintain growth momentum, the technology will be more intelligent and efficient, and the government will further increase policy support. Through the wide application of home energy storage systems, residents will be able to better cope with the energy crisis and high electricity prices, and realize the sustainable use of energy. At the same time, the development of home energy storage systems and energy interaction and sharing will further enhance the flexibility and stability of the energy system, providing residents with more reliable and sustainable energy services. The booming development of the home energy storage market in Europe and the United States will have a far-reaching impact on the energy sector, promoting the popularization of renewable energy and accelerating the energy transition.

As a company with 37 years of production and research and development technology precipitation, Huaxiang Power Science and Technology Co., Ltd. layout of energy storage has a natural advantage, the step it can be said to have its inevitability. It is reported, Huaxiang Power Science and Technology Co., Ltd. since its inception in 1986, has been focusing on innovation, the main layout of its product matrix is the energy storage battery. These rich product production and research experience and resources not only ensure the professionalism and reliability of its energy storage products, but also for Huaxiang Power Science and Technology Co., Ltd. to get involved in the field of energy storage to provide a full backbone.

In addition to the design of product stability and protection, the home energy storage series also adopts a unique design in the application expansion for individuals and families in different scenarios. Through the plug-in modular expansion design, the user can be in the basic version, through the addition of battery expansion packs, flexible expansion, up to 25kWh (25 kWh). And this design can better ensure the stability and safety of the product in different use scenarios. Our energy storage power supply adopts stacked modular battery design, which can be continuously increased, and it can be imagined that in the future the domestic use will be increased, and it will become like an indoor power station.

Our lithium iron phosphate stacked home energy storage system is a star product for the home energy storage system track. the HZF-51.2-100-SD series of home storage batteries help families to improve the ratio of photovoltaic self-generation and self-consumption, peak and valley arbitrage, power saving, emergency power, and so on. It is the right solution for residential and small commercial storage projects. Configured storage transfers power over time to help the grid balance generation capacity with power demand.

Features of the stacked lifepo4 battery home energy storage system include:

1. High reliability: the stacked lifepo4 battery home energy storage system uses high-quality battery components for high safety and reliability. 2. High flexibility: the stacked lifepo4 battery home energy storage system can be expanded or upgraded according to the actual needs to adapt to changes in household electricity demand. 3. Simple operation: the stacked lifepo4 battery home energy storage system has a friendly Human-machine interface and intelligent control functions, easy to use.4. Energy-saving and environmental protection: Stacked LifePO4 battery home energy storage system can reduce the family's dependence on traditional energy sources, reduce energy consumption and carbon dioxide emissions, thus playing an energy-saving and environmental protection role.

Each module is equipped with an independent BMS system.LCD screen displays various battery status: SOC, current, temperature and voltage. The system utilizes high quality iron ambrose phosphate power batteries, bringing better product performance and reliability. Professional package R&D design and production team.HZF-51.2-100-SD is equipped with intelligent BMS for each battery module to effectively manage the normal and stable operation of the module. Compared with traditional modules, HZF-51.2-100-SD can meet the requirements of large storage capacity and greatly improve cycle life. Battery module: modular stacking design, the number of modules can be selected according to the need, rapid expansion and easy installation. Moving Base. Equipped with heavy-duty universal brake wheels and directional adjustment wheels. It can move flexibly. The universal brake wheel can be temporarily fixed, and the direction adjusting wheel adjusting screw can be better fixed and positioned. Optional parts inverter, you can configure them as needed. This unit is a multifunctional inverter/charger that combines the functions of inverter, MPPT solar charger and battery charger. It has a wide PV input range and cannot be connected to a battery load when there is enough energy.It has the advantages of high power density, small size, simple operation, high efficiency of the whole machine, and low no-load loss.HZF-51.2-100-SD is widely used in residential energy storage systems, shopping malls, offices, and other application scenarios.

Residential Energy Storage Battery Frequently Asked Questions

1.Shipping cost and delivery time?

    In order for you to get the accurate shipping cost, please tell us the quantity you need and the delivery address; Usually delivery is within 15-30 days, but it may change according to the quantity or other situations; Sea freight will be cheaper but it takes 40-55 days, if you are not in a hurry, we suggest you to ship by sea.

2.Price

We sell to you at ex-factory price so that you can get maximum profit when selling. Please contact us for the latest price and more favorable policy.

3. What is the quality of the battery?

This 51.2V 100Ah LifePO4 battery pack comes with genuine A-grade batteries with guaranteed quality, reducing expensive after-sales work.

4. What is the warranty period?

We provide 5 years warranty for all LiFePO4 batteries. If the product has quality problems during use, the parts will be replaced free of charge. Our company will replace any defective product for free.

5. Can you send me the name or brand of the inverter that works with the battery?

Yes, the brand names of inverters compatible with our batteries are attached here as follows: Compatible inverters SMA Solar, Studer Innotec, Ginlong, Axpert-KING, SRNE, Goodwe, Victron, Sofar, DEYE, Growatt, AFARE. MEGAREVO, TBB POWER, MUST, Luxpower, Felicity. you can also tell us the parameters of your inverter, we can help you to write a battery management program to fit your inverter.

6.How many kinds of solar cells do you sell?

We have wall mounted (51.2V 100ah) + stackable flat batteries (each 51.2V 100ah = 5.12kwh, stackable batteries can be stacked with 5 flat batteries, you can get 5.12kwh * 5pcs = 25.6kwh) + cabinet batteries (each 51.2V 100ah = 5.12kwh, the quantity will be increased according to your requirement).

7.Who are we?

We are headquartered in Fujian, China and have been selling to customers in more than 160 countries and regions around the world since 1986, with a total of more than 800 people in our factory.

8.How can we guarantee the quality?

Our production process has been certified with 1S09001 Quality Management, IS014001 Environmental Management and OHSAS18001 Occupational Health Management System. Before mass production, we will produce samples for confirmation, and the production process has a process QC to check the quality, and final inspection before shipment.

9.What can you buy from us?

Home energy storage batteries, home stacked energy storage batteries, home wall mounted energy storage batteries, home rack mounted energy storage batteries, industrial and commercial storage battery cabinets, industrial and commercial container storage batteries and other energy storage battery related products.

10.Why do you buy from us instead of other suppliers?

Fujian Huaxiang Power Technology Co., Ltd (formerly Quanzhou Huaqiao Battery Co., Ltd) was founded in 1986. It is a large-scale enterprise specializing in the research, development, production and sales of rational batteries. Our products are certified by UL (MH45805), CE, CNIl (China National Information Infrastructure), Ministry of Electric Power, Ministry of Railway, Ministry of Radio and Television, etc. We serve customers in more than 160 countries and regions around the world.

11.What services can we provide?

Accepted delivery terms: FOB,CFR,CIF,EXW.

Accepted payment currencies: USD, EUR, RMB.

Accepted payment methods: T/T, L/C.

Language: English/Chinese

In terms of adopting battery cells, Vinda uniformly chooses A-grade battery cells, and the following is the introduction of the safety of this battery cell: High-quality materials: this battery cell adopts high-quality raw materials, such as high-quality cathode materials and stable electrolyte, which can effectively improve the safety performance of the battery cell. Multi-layer safety protection: The battery cell has built-in multi-layer safety protection measures, such as over-charging protection, over-discharging protection, short circuit protection, etc., which can effectively prevent the battery cell from abnormalities during charging or use. Rigorous testing: The battery will undergo a series of rigorous tests during the production process, including physical tests, electrochemical tests and safety tests, etc., to ensure the quality and safety performance of the battery. Long-life design: The battery cell is designed with a long-life design, which can last for many years and reduce the frequency of battery replacement, thus improving users' safety and experience. A home energy storage system allows you to better protect the environment while providing additional safety and convenience to your life.

Brand power to navigate the new blue ocean of energy storage

If the experience precipitated in the product is the inevitability of Huaxiang Power Science and Technology Co., Ltd. layout of the energy storage business, then the broad prospects of the energy storage power supply industry is the necessity of its choice of layout. According to the China Chemical and Physical Power Industry Association predicts that portable energy storage equipment in 2020 ~ 2026 compound annual growth rate of about 57%, 2026 global market size is expected to reach 88.2 billion yuan. Data from China Research Institute of Industrial Research shows that in 2020, the global household energy storage market size reached $7.5 billion, of which China's market size is $1.337 billion, and the global market and China's market are expected to reach $26.4 billion and $4.6 billion in 2027, respectively.

From the perspective of market demand, due to electricity is not expensive, stable power supply, China's household energy storage demand is not high, its market is mainly in Europe, America and Japan and other regions. For example, Europe, North America and other regional energy and power prices have continued to rise in recent years, residential electricity is expensive and poor stability, Japan and other natural disasters in the country are often faced with sudden power outages, home photovoltaic and energy storage systems can improve the level of self-powered self-consumption of electricity, delay and reduce the risk of rising electricity prices, while obtaining a stable power support, superimposed on the prevalence of the culture of outdoor camping, and thus market The demand for portable energy storage products continues to rise. China's convenient energy storage market is still in the early stage of momentum, but also a very imaginative new blue ocean. In recent years, the hot domestic outdoor economy has boosted the demand for outdoor batteries in people's daily lives, bringing opportunities for the mobile energy storage industry.

Industry insiders believe that the current global household energy storage penetration rate may be less than 3%, the future of billions of families need a simple to use, affordable, safe and reliable home green energy system, not just limited to household energy storage, more independent, green, efficient and reliable home energy is the future trend. When the demand for home energy storage continues to heat up abroad and the domestic market ushers in dividends, the global channel advantage and brand advantage of new player Huaxiang Power Technology Co.

Expanding boundaries again, Huaxiang Power Technology Co., Ltd. has a wide space for growth

"Either create categories or revolutionize them." In the creation of product matrix, Huaxiang Power Supply Technology Co., Ltd. has always insisted on changing and updating the industry with innovation, "making the red sea blue, making the blue sea bigger". Heavy investment in research and development has supported the image of Huaxiang Power Supply Technology Co., Ltd. as a "technology pioneer" in the traditional industry and the ambitious ambition of constantly expanding business boundaries. Similarly, located in the global personal and family green energy solutions, the launch of the Weida energy storage power supply series also further enriched the company's three-dimensional multi-scene product layout, for the company's revenue growth and future development has brought considerable imagination.

In these years, Huaxiang has indeed fought a lot of hard battles and accumulated strong leaders and team members, which can ensure the smooth promotion of new business. We have to do a good job when we do something. With the superposition of team configuration, brand power, technology accumulation and supply chain advantages, Huaxiang Power Science and Technology Co., Ltd. has the opportunity to make the energy storage business one of the top in the world.

Under the background of "carbon neutral" and other major changes in the energy structure of countries, began to vigorously develop new energy sources, energy storage industry boom continues to rise, in a state of rapid growth. According to the Energy Storage Alliance (EESA) statistics, the global installed capacity of new energy storage in 2022 is 21.3GW, an increase of 72% over last year. Huaxiang Power Technology is committed to the research and development, production, branding, sales and service of lithium battery energy storage products and photovoltaic products. The company has successively created new categories of portable energy storage and mobile home energy storage, and has built two global brands, namely, "Azulanda" and "Shiyuanda", which are sold in many countries around the world, such as China, the U.S., Japan, Germany, the U.K., Canada, etc. On the other hand, in recent years, Huaxiang Power Science and Technology has started to develop and manufacture lithium battery energy storage products and photovoltaic products.

On the other hand, in recent years, Huaxiang Power Technology has started to pay attention to the home energy storage industry, and after ten years of development, the technology has become more and more mature. At this stage, the industry is ushering in a period of rapid growth, the market penetration rate is relatively low, the company is grasping the opportunity of the industry's development, to accelerate the launch of the "Azulada", "ShiYuanDa" home energy storage system, with the United States as the core market, to provide users with a full-scene home green energy solutions, with differentiated product positioning. With the United States as the core market, we will provide users with full-scenario home green energy solutions and seize the market opportunity with differentiated product positioning.

Into 2023, with the decline in the price of lithium carbonate and other raw materials, the market generally has greater expectations for the long-term development of the energy storage industry. On the whole, with Huaxiang Power Science and Technology Co., Ltd. research and development and production of new products into the market to contribute to the incremental, as well as global channel construction highlights the effectiveness of the company's performance is expected to usher in a rapid improvement.