Northeast China's Liaoning Province has actively cultivated a new energy-storage industry by leveraging resource advantages to support its efforts in achieving dual-carbon goals and facilitating the green, low-carbon transformation in economic and social development.
In the fields such as clean energy equipment manufacturing and wind, solar, nuclear energy storage where Liaoning has comparative advantages, a number of national-level high-tech enterprises and unicorn enterprises have emerged, playing a supportive role in ensuring energy security and achieving the sustainable development goals of the country.
At Dalian Rongke Power Co., Ltd., the province's first global unicorn company in the port city of Dalian, various intelligent machines are manufacturing and assembling components for the vanadium redox flow battery energy storage system developed by the company.
China's vanadium reserves rank the first globally, accounting for more than 47 percent of the world's total production.
Following over 20 years of research, the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences has uncovered the energy storage properties of vanadium and developed the core technology for manufacturing vanadium redox flow batteries.
A complete vanadium battery energy storage system can store 3,000 kWh of electricity, enough to power one household for 15 months. And the system is designed to operate in extreme weather conditions, from minus 35 degrees Celsius to plus 50 degrees Celsius.
In the city, the world's first 100-megawatt vanadium redox flow battery energy storage power plant has been established, capable of storing 400,000 kWh of electricity which can meet the daily power needs of 200,000 residents.
At present, the company boasts over 300 domestic and foreign patents in the field of energy storage, allowing it to achieve complete independent control over the entire industrial supply chain.
The company's vanadium redox flow battery projects are deployed all over the world, with a cumulative installed capacity exceeding 720 megawatts. Its sales of electrolyte materials account for 90 percent of the global market, making it the world's only enterprise with the complete technology development and production capacity across the vanadium redox flow battery industrial chain.