China National Storage Energy
中储国能
China National Storage Energy (中储国能, or Zhongchu Guoneng) is a Beijing-based company specializing in advanced compressed air energy storage (CAES) systems, spun out from technology developed at the Chinese Academy of Sciences' Institute of Engineering Thermophysics . As of mid-2022, it ranked first nationally in the compressed air energy storage segment and second overall in new energy storage by newly installed capacity, per CNESA data .
The company has raised at least two major rounds: a RMB 320 million Pre-A+ round in May 2022 led by Huakong Fund with participation from Gaorong Ventures, CASSTAR, Legend Star, and others ; and a Series A round exceeding RMB 1 billion in 2023 led by Guokai Manufacturing Industry Transformation and Upgrading Fund and Cinda Kunpeng . Its pipeline of projects under construction or planning totaled over 2,000MW at that time, including the Zhangbei 100MW national demonstration project that began grid connection at the end of 2021 .
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Coverage
Rongbao | Major Acquisition in Innovative Drugs; Laser Chips, Quantum Computing, and Global Payment Platform Secure New Funding
"Every step forward feels like a bloom."
New drug development, energy storage, computing, and semiconductors see breakthrough innovations: homegrown R&D, world-first technologies, and AI-driven advances
Constantly creating new possibilities.
China Energy Storage Completes Over RMB 1 Billion Series A Round to Advance Advanced Compressed Air Energy Storage Commercialization
Both its R&D progress and system performance are at the international forefront.
The Tipping Point for Compressed Air Energy Storage: A Conversation with Technology and Industry Pioneer Chen Haisheng | Gaorong Ventures
Eighteen years of perseverance, turning research breakthroughs into one energy storage station after another.
"First Collagen Stock" Goes Public, Zero-Carbon Factories and Energy Storage Stars Accelerate Carbon Neutrality Push | Rongbao · October
Major Events of October.
Chips, Energy Storage, and LiDAR Accelerate Commercialization; Robotics and SaaS Expand Globally | Rongbao · May
Sailing through the waves, striving upstream.
China Energy Storage (Zhongchu Guoneng) Completes 320 Million Yuan Pre-A+ Round to Accelerate New Energy Storage Technology Layout
A pioneer and leader in China's compressed air energy storage sector.
