XYZ Storage Technology Corp., Ltd. was established on July 2, 2021, with a registered capital of 500 million RMB. The company focuses on the research and development of new energy storage products based on electrochemical energy storage, system integration for energy storage power stations, and smart operations for energy storage facilities.
XYZ Storage aims to build a light-asset, intelligent, and digital platform company, with the capability to implement energy storage systems across all application scenarios, including new energy generation, thermal storage frequency regulation, grid side, and user side. The company has accumulated design and integration experience from battery modules to power station systems, providing comprehensive energy storage solutions that feature modular combinations, mobile deployment, and intelligent management.
The company is investing in the construction of a smart factory located in Fangshan District, Beijing, covering an area of 30,000 square meters. In mid-November 2022, two production lines at the smart factory commenced operations, with a planned annual production capacity of over 6 GWh.