Recently, Narada Power held an investor relations event, providing updates on its backup power solutions for data centers, overseas large-scale storage projects, and semi-solid-state battery developments.
Company representatives explained that high-voltage lithium batteries for data centers are mainly used for short-duration backup power, requiring high-rate charge and discharge capabilities. In overseas data center projects, Narada adopts the lithium iron phosphate (LFP) technology route, while Samsung and LG use ternary (NCM) batteries. LFP offers superior safety and cycle life compared with ternary chemistry.
Currently, Narada has 1.5 GWh of data center lithium battery capacity. Based on ongoing negotiations, the company plans to expand capacity by another 1 GWh next year, bringing the total to 2.5 GWh. If customer demand increases further, Narada has the ability to rapidly scale up to meet requirements.
In North America, Narada’s data center clients are mainly top U.S. internet companies. The company expects its data center lithium battery revenue to double next year compared with this year.
According to the financial report, revenue from communications and data center energy storage reached RMB 1.89 billion in the first half of the year, up 34.09% year-on-year—making it the only segment among Narada’s three major businesses to achieve positive growth.
On the utility-scale storage front, Narada highlighted that overseas markets are expanding rapidly, driven by mandatory renewable energy storage requirements, electricity price arbitrage incentives, and declining storage costs, with strong long-term growth potential.
At present, Narada holds about 7.8 GWh of unfulfilled large-scale storage orders, including around 5 GWh in China and 2.3 GWh overseas, mainly from Australia, Europe, and the UK.
In the semi-solid-state battery segment, Narada secured a 2.8 GWh standalone storage project. Based on project timelines, 1.2 GWh is expected to be delivered this year and 1.6 GWh next year.
Source：https://mp.weixin.qq.com/s/EbHuY52qjOab9d-zBG2tDQ