Shenzhen, China - October 24, 2024 - Hopewind has achieved a significant milestone in the power conversion system sector, securing a position among the top five manufacturers in China's PCS installed power capacity, as outlined in the "2024 Mid-Year Electrochemical Energy Storage Station Industry Statistics" report jointly released by the China Electricity Council and the National Electrochemical Energy Storage Station Safety Monitoring Information Platform.

Growth and Expansion

The report highlights a consistent growth pattern in electrochemical energy storage, with new installations spanning 20 provinces in China, covering a wide array of applications across the grid, power generation, and consumer sides. In 2024, Hopewind continued to make significant strides on the grid side, generation side, and consumer side, achieving outstanding performance and applications worldwide, contributing to global energy transition efforts.

Hopewind Energy Storage System

Innovative Solutions

Hopewind's contributions to wind and solar storage projects have been instrumental, with the company supporting the seamless deployment of various projects, including those in challenging environments.

Notably, on the grid side, Hopewind has supported the successful operation of several hundred-megawatt independent energy storage stations, breaking through coastal and offshore application scenarios. This includes facilitating the successful grid connection of Zhejiang Province's first tidal-flat energy storage station in China.

Hopewind Powers Zhejiang Province's First Tidal-flat Energy Storage Station

On the generation side, Hopewind has supported numerous wind and solar storage projects, including those with over 100-unit renewable energy storage projects and applications in high-altitude and harsh environments like deserts. Hopewind's PCS technology is efficient and reliable, maintaining stable long-term operations at various sites.

On the consumer side, Hopewind has achieved significant applications in commercial and industrial storage projects. The PCS, equipped with an energy management system and cloud platform solution, offers functions such as peak-valley arbitrage, demand management, anti-backflow, demand-side response, and remote scheduling, assisting enterprises in jointly building a smart grid. Additionally, Hopewind's new 2.5MW PCS has achieved GW-level mass shipments.

Hopewind Cloud Platform Solution

The 1500V String Power Conversion System, a high-efficiency, next-generation solution designed for energy storage and conversion applications, has successfully attained IEC 62477, IEC 61000, and EN 50549 certifications and is now available for sale in international markets. With its compact size and high power density, this product maximizes space utilization while delivering superior performance, making it an ideal choice for large-scale renewable energy projects and industrial applications.

Hopewind 1500V String Power Conversion System

Future Outlook

Looking ahead, Hopewind remains dedicated to innovation, aiming to further refine its product offerings and technological solutions to drive the development and application of cutting-edge energy storage systems.