【Xinliu New Energy】Through the Cycle, Advancing Toward “Asset Operations”: JDEnergy’s Strategic Shift Is Bold Yet Precise
Abstract: As the first GWh-scale project delivered by JDEnergy, the Inner Mongolia Taiyaoxin Energy Storage Power Station completed delivery of all equipment in just 60 days, followed by efficient commissioning of the entire station and completion of the “3 charge + 3 discharge” verification within only 7 days.
From navigating the industry cycle to making a strong breakthrough today, JDEnergy has used more than six months of operational data to demonstrate the advantages of its core technology strategy, highlighting its keen strategic vision.
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In December 2025, following the dispatch instructions, the final group of energy storage units at the Inner Mongolia Taiyaoxin Energy Storage Power Station completed grid-connection commissioning. The first set of data displayed on the monitoring screen marked the start of operation for a large-scale independent energy storage project with a capacity of 500 MW/2,000 MWh and a string-based architecture.
Today, the power station has been in operation for more than six months. With strong performance in revenue and operational data, the Inner Mongolia Taiyaoxin Energy Storage Power Station has demonstrated the excellent environmental adaptability and operational stability of JDEnergy’s products.
For JDEnergy, this also marked the starting point of another timer.
In the past, the major test for equipment suppliers typically ended when the acceptance documents were signed. Today, the test has been extended across the entire lifecycle. Selling a piece of equipment now increasingly means participating in the operation of an asset, while delivering a project means continuously delivering on a cash-flow curve that must perform over time.
Facing this demanding test, JDEnergy disclosed a set of highly compelling core figures: the Inner Mongolia Taiyaoxin Energy Storage Power Station achieved an overall efficiency of more than 88.5%, while its station-wide online availability after more than six months of operation has approached 100%.
These hard figures not only demonstrate the strong environmental adaptability of JDEnergy’s products, but also point to its approach to navigating the era of market-oriented energy storage: leveraging an “All in One” string-based technology foundation and highly integrated hardware to achieve breakthroughs in both system efficiency and stability.
01
Price Tags Are Losing Their Relevance
According to data from the National Energy Administration, by the end of June this year, China’s cumulative operational capacity of new-type energy storage had reached 153 million kW/396 million kWh, representing a year-on-year increase of 61%. Meanwhile, according to statistics from the China Energy Storage Alliance, the average bid price for 2-hour energy storage systems in China during the first half of 2026 was RMB 602.1/kWh.
As the market expands rapidly, equipment prices are being driven lower through successive rounds of bidding. The broader industry environment is forcing companies to run like mice on a treadmill: only by running faster can they stay where they are.
At the same time, the rules of the electricity market are shifting. Document No. 136 issued by the National Development and Reform Commission and the National Energy Administration promotes the principle that electricity generated by new energy sources should fully enter the electricity market and that prices should be formed through market transactions. Subsequently, the Special Action Plan for Large-Scale Development of New-Type Energy Storage (2025–2027) further proposed promoting qualified new-type energy storage projects to participate in the electricity market as independent entities, while orderly participating in medium- and long-term and ancillary service markets.
This means that the value of energy storage is no longer determined simply by how much capacity is installed. It also depends on when to charge, when to discharge, whether the system can respond to dispatch instructions, and how much battery degradation cost is incurred in the process. Unlike the logic of evaluating equipment prices, asset operations ultimately answer the question of IRR. Between the two lies an entire set of capabilities for managing uncertainty.
Against this backdrop, JDEnergy successfully navigated the industry adjustment period in 2025, achieving substantial growth in business scale while maintaining profitability—an achievement that is particularly notable. In China’s highly price-competitive domestic market, JDEnergy demonstrated a clear strategic focus: rather than blindly engaging in price wars at the expense of profitability, it anchored its core objective on “stabilizing market share and building long-term competitiveness.”
In the face of intense domestic competition, the company did not simply pursue extensive expansion in scale. Instead, it built a strong competitive moat through differentiated products and outstanding operational capabilities. Particularly in the large-scale energy storage sector, the company recognized that only by enabling assets to continuously create value throughout their entire lifecycle could it break through an increasingly competitive market.
To this end, amid intense competition in the domestic market, JDEnergy has developed an integrated digital and intelligent product system centered on “investment decision-making + intelligent operations + smart O&M,” deeply enabling the efficient operation and maximization of returns from large-scale energy storage projects. Supported by this system, the returns of relevant projects consistently rank among the top 10% in their respective regions, while the current operational portfolio has exceeded 10 GWh and continues to grow rapidly.
This shift from “selling equipment” to “operating assets” means that JDEnergy’s business is no longer limited to project delivery. Instead, it is deeply involved in subsequent operations and O&M, forming a distinctive competitive capability.
For companies at the current stage of development, this is a strategic shift that deliberately makes the business more challenging.
02
The First Principle of an Asset Is Still Good Equipment
Asset operations may sound abstract, but ultimately, their foundation remains electrical topology, thermal management, control and protection, and system integration.
When it comes to technology selection, JDEnergy has consistently maintained a strong strategic vision.
Starting with its first-generation Galaxy-1 product, JDEnergy has adhered to the “All in One” design philosophy, integrating the battery, BMS, string-based PCS, fire protection system, thermal management system, power distribution, communications, and other systems into a standard 20-foot container.
More importantly, JDEnergy adopts an integrated 3S (PCS/BMS/EMS) control-and-protection design, integrating the three systems within a single module to form a BCS control system. This can significantly reduce communication latency and ensure stable product operation. This design enables the system to achieve 100% DOD (Depth of Discharge), substantially improving effective battery utilization and lifecycle economics.
At the same time, all projects adopt string-based PCS technology to independently manage individual battery clusters. This design ensures excellent balancing among battery clusters and eliminates the “barrel effect” associated with traditional solutions. The Inner Mongolia Taiyaoxin Energy Storage Power Station has achieved an overall efficiency of more than 88.5%, while its station-wide online availability has remained close to 100% after more than six months of operation, demonstrating the stability advantages of its solution.
The string-based architecture has become one of the mainstream technology approaches in the industry. JDEnergy has provided powerful validation of this approach through the measured operational data of the Inner Mongolia Taiyaoxin Energy Storage Power Station. JDEnergy has also made it clear that it will continue to pursue the string-based technology route rather than shifting to centralized solutions.
The strategy adopted by JDEnergy offers an important insight for the industry: equipment and assets are not two separate business lines, but rather a single chain of causality. The combination of control systems determines execution precision, operating strategies determine how effectively the system is utilized, and together they ultimately shape asset returns.
03
Delivery and Operations: Turning GWh-Scale Energy Storage into “LEGO Bricks” to Continuously Increase Asset Value
Another distinctive feature of JDEnergy is that it has separated the value of delivery and operations through a systematic methodology. Although the two are often incorporated into the same narrative, they represent different capabilities and cannot simply be merged into one.
Delivery speed determines the starting point of cash flow, operational capabilities determine the shape of the cash-flow curve, while hardware reliability determines whether that curve can continue to operate stably.
According to publicly available reports cited by Inner Mongolia News, the project officially commenced construction in September 2025, and the final group of energy storage units completed grid-connection commissioning in December. For a large-scale energy storage project, completing grid connection even one day earlier could mean entering the market one day earlier. However, the truly lengthy competition only begins after grid connection. This is therefore a test of comprehensive capabilities.
First, in terms of delivery, JDEnergy has achieved rapid delivery and plug-and-play deployment. As the first GWh-scale project delivered by JDEnergy, the Inner Mongolia Taiyaoxin Energy Storage Power Station completed delivery of all equipment in just 60 days, followed by efficient commissioning of the entire station and completion of the “3 charge + 3 discharge” verification within only 7 days.
This rapid delivery capability stems from the rigorous testing JDEnergy conducts before its equipment leaves the factory. All equipment undergoes three complete charge-and-discharge tests, liquid-cooling verification, and other system-level validation procedures before shipment. In addition, JDEnergy adheres to its “All in One” philosophy, integrating numerous equipment components into a single large container.
This means that once the equipment arrives on site, it essentially only needs to be connected before it can begin operating. From a process perspective, this fundamentally transforms the traditional delivery model for large-scale energy storage, turning GWh-scale energy storage into plug-and-play “LEGO bricks.”
This ability to transform complex engineering into standardized products is precisely the confidence JDEnergy has developed through intense competition. It also reflects the “All in One” system integration philosophy that JDEnergy has followed since its establishment.
Operations represent another layer of capability. For JDEnergy, this means determining how to achieve intelligent operations and increase asset value.
The Inner Mongolia Taiyaoxin Energy Storage Power Station is located in the challenging environment of western Inner Mongolia, where it faces significant temperature variations and complex grid dispatch requirements. Taking the Inner Mongolia Taiyaoxin Energy Storage Power Station as an example, under a policy that provides a RMB 0.35/kWh discharge subsidy and limits full charge-and-discharge cycles to no more than 1.5 times per day, the power station participates in the electricity spot market. The operations team develops daily strategies based on electricity price forecasts, which are then executed after verification by the grid.
Facing electricity price spreads of more than RMB 0.3/kWh in winter and approximately RMB 0.1/kWh in summer, combined with subsidies, the project’s returns consistently rank among the top 10% in the region. Meanwhile, the power station will continue to participate in the western Inner Mongolia frequency regulation market. Its second-level charge-and-discharge switching capability can meet the response requirements of the frequency regulation market, while its existing battery state-of-health management strategy and thermal management system can adapt to these operating conditions without requiring additional configurations.
From rigorous factory quality inspections, to “plug-and-play” on-site assembly, and then to agile responses to the electricity market, JDEnergy has demonstrated through tangible speed that in the second half of the energy storage market, exceptional delivery capabilities and intelligent operational capabilities are the core sources of competitiveness.
04 | Conclusion
The More Challenging the Business, the Closer It Often Is to the Essence of Energy Storage
From years of accumulation during the industry’s period of adjustment to its strong breakthrough today, JDEnergy has used more than six months of operational data to demonstrate the advantages of its core technology strategy, providing the industry with a valuable example.
In the past, when customers purchased energy storage systems, the easiest metric to compare was the price per watt-hour. In the future, a more meaningful comparison may be a full-lifecycle checklist: for the same investment, who can provide more usable electricity, higher online availability, lower degradation, and more stable long-term returns?
An equipment supplier delivers a box; an asset operator delivers the management of uncertainty over the next decade or more. Between these two lies the narrow path that JDEnergy is truly navigating—and helping the industry see.
