Since the introduction of the goals of carbon peaking and carbon neutrality and the gradual transformation of energy structure in China, the steady growth of installed new energy power capacity has driven the demand for new types of energy storage. As a crucial foundational equipment for promoting the green and low-carbon transformation of energy, new energy storage plays a vital role in the construction of new power systems and the energy revolution.

To deeply integrate the one-stop solution that integrates the storage, charging and inspection of photovoltaic power and promote the intelligent development of the new energy industry, Duolun Technology and Bozhou Qiaocheng District Energy Industry Development Group Co., Ltd. recently jointly invested in the establishment of Anhui AXEnergy Technology Co., Ltd., with a registered capital of RMB 50 million. Duolun Technology contributed RMB 40 million, accounting for 80% of the registered capital.

AXEnergy, a subsidiary of Duolun Technology, is dedicated to providing energy storage products and solutions. The company is committed to the development and application of energy storage technologies and products. It offers production, sales, operation and system integration services for energy storage products to cater to new power storage, commercial and industrial storage, and residential storage sectors. AXEnergy, registered in Bozhou City, Anhui Province, has built production bases in both Nanjing and Bozhou. The company aims to provide safe, reliable and efficient smart energy storage products to every customer, contributing its expertise and efforts to the development of energy storage products in new power systems.

Bozhou Qiaocheng District Energy Industry Development Group and Duolun Technology are both strong, resource-advantaged enterprises in their respective fields. Through this joint venture, the two parties will leverage their respective strengths, complement each other’s resources and further expand their business scope.