On March 10, the 14th China International Energy Storage Conference and Exhibition (CIES) was grandly held in Hangzhou. Beijing Honghui International Energy Technology Development Co., Ltd. (hereinafter referred to as “Honghui Energy”) was invited to participate with its core products and was honored at the awards ceremony with the “2024 China Energy Storage Industry Best New Energy Storage Technology Innovation Award” and the “2024 China Energy Storage Industry Best Innovation Enterprise Award”.   2024 China Energy Storage Industry Best New Energy Storage Technology Innovation Award     2024 China Energy Storage Industry Best Innovation Enterprise Award    At the exhibition, Honghui Energy showcased its core product, Jupiter 1 - FW1M50, at booth BX-01, attracting many attendees to stop and inquire due to its innovative technology products and quality services.         Beijing Honghui International Energy Technology Development Co., Ltd. is a domestic leader in the flywheel energy storage industry with completely independent intellectual property rights. It is a national high-tech enterprise, Zhongguancun high-tech enterprise, and Beijing specialized and new enterprise.  The company focuses on the research, development, production, sales, and services of high-power vacuum magnetic levitation flywheel equipment, providing customers with comprehensive solutions for energy storage, energy saving, and improving power quality.   The newly released high-power long-duration flywheel energy storage product, Saturn 2 - FW50160, mainly addresses issues such as slow response speed of thermal power units, slow adjustment speed of chemical batteries, low adjustment frequency, short lifespan, and short adjustment duration of conventional flywheel energy storage systems. By reducing the mainstream grid frequency response time from minutes to milliseconds and extending the adjustment duration from 2 minutes to 15 minutes, this system breaks through the bottleneck of ultra-fast and long-duration grid frequency regulation technology, ensuring frequency stability when a high proportion of new energy is connected to the grid, accelerating the high-quality development of the new energy industry, and helping China achieve its “dual carbon” strategic goals.     In the future, Honghui Energy will continue to innovate, providing customers with higher quality products and services, and contributing to the global energy green and low-carbon transformation.

    Recently, the three-day 12th Energy Storage International Summit and Exhibition (ESIE 2024) concluded successfully at the Beijing Shougang Exhibition Center. As an annual event in the energy storage field, the summit brought together many industry elites to discuss the latest developments and application prospects of energy storage technology. Beijing Honghui International Energy Technology Development Co., Ltd. (hereinafter referred to as “Honghui Energy”), as a leader in the industry, showcased its flywheel energy storage Jupiter 1-FW1M50 product based on grid frequency regulation at the exhibition, attracting high attention from participants.   01 Booth Review         Honghui Energy’s flywheel energy storage Jupiter 1-FW1M50, with its outstanding performance and innovative design, became one of the highlights of the exhibition. The product adopts advanced flywheel energy storage technology, featuring high efficiency, stability, and environmental friendliness, effectively solving energy storage and dispatching issues, bringing revolutionary breakthroughs to the energy industry. At the exhibition, Honghui Energy’s booth attracted a crowd of visitors, including customers, investors, and partners, who stopped by to learn more about the technical features and application prospects of the flywheel energy storage Jupiter 1-FW1M50. Honghui Energy’s staff patiently answered questions, providing in-depth insights into the product’s advantages and market potential.   02 Flywheel Energy Storage Sub-forumGrid Ultra-Fast Long-time Magnetic Levitation Flywheel Frequency Regulation System and Application     The “Grid Ultra-Fast Long-time Magnetic Levitation Flywheel Frequency Regulation System” received support from the 2023 National Key Research and Development Program “Disruptive Technological Innovation” key special project.The grid ultra-fast long-time magnetic levitation flywheel frequency regulation system is an innovative power frequency regulation technology that uses magnetic levitation flywheel energy storage technology to achieve rapid and long-term adjustment of the grid frequency. This system mainly addresses the instability issues caused by the large-scale grid connection of new energy generation, resolving challenges brought by its intermittency and fluctuations. As a platform technology, long-time, large-capacity flywheel energy storage systems can be applied to frequency regulation energy storage scenarios in new power systems, stabilizing grid connection through high-frequency, fast charging and discharging, enhancing the integration capacity of new energy.   03 New Product Release Saturn 2-FW50160     The newly released high-power long-time flywheel energy storage product “Saturn 2-FW50160” primarily solves problems such as slow response of thermal power units, slow regulation speed of chemical batteries, low regulation frequency, short lifespan, and short regulation duration of conventional flywheel energy storage systems. By reducing the mainstream grid regulation response time from minutes to milliseconds and extending the regulation duration from 2 minutes to 15 minutes, this system breaks through the bottleneck of grid ultra-fast long-time frequency regulation technology, ensuring grid frequency stability when high proportions of new energy are connected to the grid, accelerating the high-quality development of the new energy industry and helping China achieve its “dual carbon” strategy goals.   The frequency fluctuation issues brought by new energy integration into the grid have always been a key factor limiting its development. The “Saturn 2-FW50160” addresses regulation response and duration issues, providing strong support for the stable development of the new energy industry and promoting China’s acceleration towards achieving peak carbon dioxide emissions and carbon neutrality goals.   The successful hosting of this summit not only provided a platform for communication and cooperation in the energy storage industry but also showcased China’s leading position in the global energy storage field. As a leader in the flywheel industry, Honghui Energy will continue to increase research and development investment, promote innovation and development of flywheel energy storage technology, and contribute more efforts to building a clean, low-carbon, and efficient energy system.