As the blossoms of spring yield the fruits of autumn, marking a year of abundant harvests, the 2023 Gaogong Energy Storage Annual Conference, themed "Breaking Through Involution, Sailing Forward Bravely," took place in Shenzhen from December 14 to 16th. JD Energy was invited to this esteemed industry event, where Ma Jinpeng, Deputy General Manager of Marketing, delivered a keynote speech titled "Strategies for Breaking Through in the Domestic Commercial and Industrial Energy Storage Market in 2023-2024." His insights sparked engaging discussions on energy storage with fellow industry professionals.
The global commercial and industrial energy storage market harbors immense potential, with distributed photovoltaic energy storage emerging as a growing trend. Furthermore, the successive issuance of energy storage subsidy policies across China has propelled the development of commercial and industrial energy storage into the "express lane." However, the energy storage industry has recently entered a fiercely competitive involution, with price wars breaking out continuously. Amidst this intense competition, how can we break through the involution, navigate economic cycles and foster the healthy and sustainable development of the industry? Mr. Ma emphasized, "Safety and economic efficiency have emerged as the paramount challenges for energy storage development. Hence, our focus should be on further reducing the LCOS throughout the entire lifecycle of commercial and industrial energy storage systems. Protecting key indicators such as depth of discharge, charge-discharge efficiency, granularity of safety configurations, insurance coverage, asset utilization rate, cycle count and degradation, rapid delivery, and adaptability to evolving revenue streams is crucial for maximizing returns for asset investors and operators." ”
"JD Energy empowers the development of commercial and industrial energy storage through three aspects: product strength, insurance strength, and service strength. Regarding service strength, JD Energy boasts a DOD of 100% and system efficiency (AC-side conversion efficiency) of ≥90%. Regarding insurance strength, JD Energy has forged strategic cooperation with insurance companies to offer commercial comprehensive insurance at reduced rates, further improving project benefits. As for service strength, JD Energy has established a professional delivery team and a comprehensive service system, ensuring swift delivery, hassle-free after-sales service, and efficient operation and maintenance. ”
During the conference, the highly anticipated Golden Globe Awards ceremony was held, where Liu Weizeng, Chairman of JD Energy, was bestowed with the prestigious "2023 Gaogong Golden Globe Awards - Person of the Year" award. This award recognizes Mr. Liu's remarkable personal achievements and underscores JD Energy's prominent standing in the industry. In the realm of energy storage, Mr. Liu has led JD Energy with a pioneering spirit, overcoming obstacles and establishing the brand identity of "pioneering force in distributed energy storage." In 2023, widely regarded as the inaugural year of commercial and industrial energy storage, Mr. Liu's astute foresight accelerated the company's footprint in the commercial and industrial energy storage market. This year, JD Energy has completed over 300 user-side projects, assisting diverse industries in their green energy transition.
Currently, breaking through involution and navigating through cycles is a challenge that every energy storage enterprise must confront. JD Energy will adhere to technological innovation, deepening of services, and industry leadership, writing its own answer through project practices.
