Envision Energy and Multiple Enterprises Drive Forward as Wuxi Energy Storage Industry Cluster Seizes Development Opportunities

News Report (Reporter Li Chunlian): As policies continue to strengthen, new energy storage is becoming a key driver of energy transition and industrial upgrading. Wuxi, located in the core area of the Yangtze River Delta, leverages years of experience in the new energy industry and the advantages of industry clusters led by leading enterprises, becoming an important hub for the development of new energy storage industry.

Recently, the Wuxi Development and Reform Commission released the 2026 government work priorities, emphasizing active development of new energy storage, virtual power plants, and microgrids, and orderly construction of 15 municipal zero-carbon parks.

It is understood that as early as 2023, Wuxi issued the “Implementation Opinions on Promoting High-Quality Development of the New Energy Industry,” aiming to surpass 200 billion yuan in the scale of the new energy industry by 2025, and establishing a 5 billion yuan special fund for the new energy industry to support projects in key areas such as energy storage. Driven by both policies and market forces, Wuxi’s energy storage industry foundation continues to strengthen. By 2025, Wuxi has gathered 321 large-scale new energy enterprises, with industry clusters represented by Envision Energy Co., Ltd. (hereinafter referred to as “Envision Energy”), Shangneng Electric Co., Ltd. (hereinafter referred to as “Shangneng Electric”), and Far East Energy Storage Technology Co., Ltd. (hereinafter referred to as “Far East Energy Storage”) gradually forming, jointly building an important support system for Wuxi’s energy storage industry.

Among them, Envision Energy focuses on green technology, deeply cultivating the synergy between energy storage and new energy, creating an integrated industrial ecosystem of wind, solar, storage, hydrogen, and ammonia. Its Chifeng green hydrogen-ammonia project achieves 100% green electricity-based ammonia production; Shangneng Electric specializes in grid-connected energy storage system solutions, covering all technical routes from centralized to string-type, with domestic shipment volumes of energy storage inverters ranking in the top two for four consecutive years, with conversion efficiencies reaching up to 99%; Far East Energy Storage continues to promote rapid growth in energy storage business, gradually forming a full industry chain covering cells, modules, and system integration, and establishing a relatively complete capability system in system integration, engineering implementation, and operation and maintenance services.

Currently, the new energy storage industry is in a critical period of explosive growth. The layout of the six major emerging pillar industries in the country has brought unprecedented development opportunities to Wuxi’s energy storage industry, while also raising higher requirements. In the future, energy storage will play an even more important role in grid regulation, renewable energy absorption, distributed energy applications, and microgrid construction. With technological advances, cost reductions, and expanding application scenarios, the new energy storage industry is expected to usher in broader development prospects.