How is Haichen energy storage lithium battery

What is hithium energy storage?

Hithium Energy Storage is a tech enterprise, specializing in the R&D, production, and sales of lithium-ion battery core materials. Hithium Energy Storage secured a 25,000-ton energy storage material order from EPOW. The company invested $100 million in a new battery module plant in North Texas, which is expected to create 141 jobs.

Will hithium supply 5gwh of battery capacity to powin?

Stationary battery manufacturer Hithium has signed on to supply 5GWh of battery capacity to global energy storage platform provider Powin, LLC. The duration of the deal is three years, with the two companies having signed their first agreement earlier in 2023 for the delivery of at least 1.5GWh.

Who is hithium battery?

Lithium-ion stationary battery producer Hithium is entering the European market, with the opening of an office in Munich and its first appearance at Intersolar Europe. The company has achieved top positioning in the battery energy storage (BESS) sector in its home market of China.

What does hithium do?

Hithium is a tech enterprise, specializing in the R&D, production, and sales of lithium-ion battery core materials, LFP energy storage batteries, and systems. Hithium's inventions include unprecedented safety advancements to its lithium-ion batteries as well as gains in a lifetime, thanks to four R&D centers and various intelligent

When did hithium energy storage close?

Hithium Energy Storage closed its last funding round on Jan 1, 2024 from a Private Equity round. Who are Hithium Energy Storage's competitors? Alternatives and possible competitors to Hithium Energy Storage may include Farasis Energy, UgoWork, and Phylion Battery.

Does hithium offer warranty reinsurance?

Hithium, the stationary battery producer, announced the agreement with Munich Re to provide warranty reinsurance for its energy storage systems (ESS). The reinsurer will cover both product and performance warranties.