Yunyi energy storage battery

What makes Yunyi a great company?

Yunyi owns a leading production base, in which more than RMB 200 million was invested. The base area exceeds 26000 square meters and contains the 4.0 standard intelligent production line, a complete system that integrates OT (operation technology), IT (digital technology) and AT (automation technology).

What is a battery energy storage system?

A Battery Energy Storage System (BESS) secures electrical energy from renewable and non-renewable sources and collects and saves it in rechargeable batteries for use at a later date. When energy is needed, it is released from the BESS to power demand to lessen any disparity between energy demand and energy generation.

Are lithium-ion batteries the future of energy storage?

Traditional grids can struggle to match fluctuating renewable inputs with these rising demands. Hence, large-scale energy storage—often measured in megawatt-hours (MWh) or gigawatt-hours (GWh)—is essential for ensuring electricity availability whenever needed. One favored solution to date has been lithium-ion batteries.

Are gravity batteries a viable alternative to a mined lithium ion?

Their costs fluctuate with geopolitics and supply chain dependencies—China currently controls an estimated 72% of the lithium-ion market. These factors push many governments and companies to explore alternatives that can operate without relying heavily on mined materials. A gravity battery, at its core, leverages potential energy.

Can gravity batteries save electricity?

Power production often plunges when the sun sets or the wind dies down. At the same time, demand can surge unexpectedly, placing strain on electric grids that are already juggling the stresses of an electrified future. Enter gravity batteries, a technology that uses one of the simplest forces in nature—gravity—to store large amounts of energy.

How will China's energy storage capacity grow in 2023?

Ahead and heading into a new era for new energy, it is expected that China’s energy storage capacity and its BESS capacity in particular will grow at a CAGR rate of 44% between 2023 and 2027. Finally, BESS development financing globally thus far has stemmed from various sources: funds, corporate funds, institutional investors, or bank financing.