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As the global economic development has entered a stage of new normal, the changed structure of electricity consumption, slowing growth of overall demand for electric power and energy, changed load characteristics and other factors urgently require some improvements in the efficiency and benefits of power distribution network. “Smart Grid” emerges as the times require. At present, three super-huge interconnected power grids have formed in North America, Europe, Russia-the Baltic Sea. The interconnection of power grids in China, Brazil, Latin America and other countries and regions is also under continuous development. In 2015, the United Nations put global energy Internet construction on its agenda, and the construction of smart grids has entered the fast lane of development.
Far East Smarter Energy Co., Ltd. (referred to as “Smarter Energy”, stock code: 600869) specializes in the R & D, manufacturing and sales of technologies, products and services of smart energy and smart city, and application of Internet and Internet of Things, pays close attention to the large pattern of global energy development, actively responds to the development initiative of building global energy Internet, and continues to participate in and push forward the construction of global energy Internet with innovative products and technologies, as well as efficient services and solutions.
Providing quality products and solutions for smart grids through intelligent manufacturing
Smart Grid, also known as "Power Grid 2.0" and "Strong Smart Grid," realizes real-time, high-speed and bi-directional data reading with advanced sensing and measuring technologies, equipment technologies, control methods and Decision Support System technologies, thus improving the overall efficiency of power grids.
Beijing Semeureka Electric Co., Ltd. (referred to as Semeureka), a holding subsidiary of Smarter Energy, is committed to the vision of “controlling the whole grids with a screen”, specializes in the R & D and manufacturing of products related with smart distribution and transmission grids, and devotes to providing overall solutions for intelligent energy & efficiency management system of power grids, and a large number of high value-added services through intelligent power quality control technology, wireless ad hoc network communication technology, intelligent information processing technology, user terminal power management technology and grid smart sensing technology, so as to save energy, improve efficiency, and realize more scientific demand side management for smart grids. It also has developed extensive cooperation with Israel, the US, Germany, France and other countries in advanced intelligent sensors, wireless bridges, wireless temperature measurement, dynamic voltage restorers, unmanned aerial vehicles and transmission line monitoring.
Shanghai Intelligence Power Electric Engineering Corporation (referred to as Intelligence Power), a subsidiary of Smarter Energy, specializes in survey & design, general contracting, technology consulting and investment management of smart grid engineering. The company has successfully designed the overall reconstruction project of 220kV Gudang Substation, reconstruction project of 500kV Feixi Substation, 110kV Canal Substation and many other intelligent substation projects, and provided system solutions for many power distribution network projects in Jiangsu, Zhejiang, Shanghai, Anhui and other regions. In recent years, Intelligence Power has actively implemented “Go Global” strategy. Its product technologies and design schemes were successfully applied to overseas smart grid construction projects in countries such as Ghana, Kenya, South Sudan, Ethiopia and Angola.
Providing advanced energy storage products and stable operation and maintenance schemes for smart grids through efficient energy storage
The construction of smart grids is inseparable from advanced energy storage products and systematic solutions. The energy storage container is an important solution to energy storage issues, and as the basic components of energy storage containers, energy storage batteries are of crucial importance. In 2017, Smarter Energy invested more than RMB 10 billion in total to launch the “ R & D and industrialization project on power storage lithium battery with high capacity density for annual output of 3GWh” in Yichun, Jiangxi and “R & D and industrialization project on power storage lithium battery with high capacity density” in Yixing, Jiangsu, so as to meet the needs of energy storage development in the future, and provide strong product and technical support for the construction of global smart grids.
In September 2017, Far East First New Energy Co., Ltd. (referred to as “Far East First”), a holding subsidiary of Smarter Energy, invested in the construction of a 16MWh intelligent micro-grid energy-storage power plant system, which plays an exemplary role in promoting the utilization of clean renewable energy, reducing electricity consumption costs and improving the safety of high-voltage power supply of power grids.
Additionally, Far East First Jiangsu New Energy Co., Ltd. (referred to as “First Jiangsu”), a holding subsidiary of Smarter Energy, specializes in the R & D, manufacturing and sales of high-quality soft-packing and aluminum-cased quadrate lithium battery cells and special PACKs for electric vehicles. The company used sophisticated equipment schemes to build an automated and intelligentized production base of lithium batteries. The core R & D team led by Wu Songjian who has received a doctorate in the US, has always been devoted to developing high-quality Li-ion power battery products, and strived to make the energy density of single cell in volume production reach 300wh/kg in 2020. Target customers are domestic and foreign first-class new-energy automobile enterprises. Relying on international innovative technology, high-quality hardware facilities, rigorous management systems, an elite team and the whole industrial chain layout of Smarter Energy, First Jiangsu will become a world-leading service provider of new energy vehicle power and energy storage system.
Providing self-diagnosing, self-adjusting and self-recovering intelligent wire and cable products for smart grids through innovation
A high degree of integration of power flow, information flow and business flow was achieved via the all-round upgrade of power grids. To ensure the safety, stability, efficiency, sturdiness and intelligence of power grids, higher requirements and harsher tests have been put forward for both performance and quality of wires and cables, the bases at the physical layer of smart grids. The development and application of new technologies and products have become the only and effective way to solve these problems. The cable industry of Smarter Energy has been deeply rooted in the field of smart wires and cables for many years, and the products developed for UHV and smart grids, including large cross-section conductors, special conductors and carbon-fiber conductors, were successfully applied to almost all UHV transmission lines in China (For more information, please read Smarter Energy Helps Build UHV to Connect the Key Links of Global Energy Internet). Smarter Energy insists on the innovation-driven strategy, and strives to develop "smart cables" with self-diagnosis, self-adaption, self-adjustment and self-recovery functions, enhance the sturdiness and intelligence level of smart grids and improve the reliability and comprehensive utilization efficiency of grid operation.
Under the existing energy structure and development trend in the world, it is an inevitable trend to build interconnected strong smart grids which will be shared by all and bring about a win-win result. As a senior player in the development of global energy Internet, Smarter Energy has extensive experience in the R & D, production and sales of smart grid equipment as well as the fault detection of distribution lines, and has continuously promoted the development of smart grids towards informatization, digitization, automation and interaction with innovative technologies and excellent schemes. It has made efforts to put forward the enhancement and upgrading of energy storage technology, the R & D and production of energy storage products, as well as the enrichment and improvement of energy storage industrial chain; in the meantime, it has vigorously developed innovative intelligent cables and other products, accelerated the construction of smart grids in an all-round and multi-dimensional manner, and boosted the construction and development of global energy Internet, so as to build a new development pattern for a green, low-carbon, peaceful and harmonious world of common prosperity.
