According to EnergyTrend, on March 11, a delegation from Bangzhen Technology visited Hebei Jingdian New Energy Group. The two parties held pragmatic discussions on core topics including energy storage development, investment and acquisitions, and cooperation models, and officially held a signing ceremony for strategic cooperation and the establishment of a joint venture.
The two sides agreed to focus on the independent energy storage sector and launch comprehensive and integrated cooperation. Centered on the newly established joint venture, they will carry out one-stop cooperation covering investment, development, construction, operation and management of independent energy storage projects. The core goal is to invest and develop independent energy storage projects with a total capacity of no less than 15 GWh during the 15th Five-Year Plan period.
In 2026, the first year of cooperation, the two parties plan to implement projects with an investment scale of 5 GWh, focusing on independent energy storage businesses on the grid side, power supply side and user side.
Founded in 2013, Bangzhen Technology specializes in the investment and development of new energy projects, with full-process capabilities in project development and commissioning. The company has deployed wind power, photovoltaic and other new energy projects in more than 10 provinces across China, and its business has expanded to overseas markets including Asia-Pacific and Africa.
As the energy storage investment arm of Hebei Jingdian New Energy Group, Jingdian Lanchuang has profound strengths in energy project development, power compliance and regional resource coordination. As a leading new energy enterprise in Hebei Province, Hebei Jingdian New Energy Group has expanded its key development areas to 11 provinces and cities including Henan, Shanxi, Liaoning and Shaanxi. It has obtained more than 4 GW of new energy installed capacity indicators, with total investment exceeding 10 billion yuan, and boasts a rich project pipeline. It has also established in-depth cooperation with operational partners such as Sungain New Energy and Ronghe Yuanchu.
EnergyTrend believes that China’s new energy storage has entered a stage of large-scale development. As a key pillar of the new power system, independent energy storage continues to benefit from favorable policies and the gradual improvement of capacity tariff mechanisms. The industry is shifting from extensive expansion to high-quality development.
This strategic partnership between Bangzhen Technology and Jingdian Lanchuang integrates capital, resources, technologies and channels to build a full-chain energy storage industrial platform covering investment, development, construction and operation & maintenance. It is an important step for both parties to deploy in the energy storage sector, and will further promote the large-scale development of independent energy storage projects.
Source：EnergyTrend
