Review and Prospect | Creating New Patterns and Sharing New Opportunities
2024-02-01
Introduction of Paragonage
Paragonage is a high-tech enterprise focusing on the R&D, production and sales of sodium-ion battery cells, modules and solutions. Paragonage is a high-tech enterprise focusing on the R&D, production and sales of sodium-ion battery cells and modules. Pangu New Energy has the leading design and independent R&D and manufacturing capability of sodium-ion batteries, with complete intellectual property rights of core technologies and products, and is the earliest company in China to engage in the R&D of the key technologies of sodium-ion batteries, and is among the first companies that have passed the sodium-ion battery evaluation of the Ministry of Industry and Information Technology (MIIT) of China.
The company's core members have been engaged in battery-related business for a long time, and the overall team has a composite background of "scientific research + industry + engineering + consulting", which has accumulated rich industry resources and cutting-edge technology reserves.2022 was jointly initiated and established by six listed companies in the head of the new energy industry chain, including Xiongyu Group, Grimme, New Zuibang, Xingyuan Material, Jingshan Light Machinery, and Jingshan Light Machinery, with the core technology and products having complete intellectual property rights, Xingyuan Material, Jingshan Light Machinery, and Zhentong Electronics. And in June 2023, it was invested by Wuxi Municipal Government Group and Yunlin Fund, and the enterprise landed in Wuxi.
Currently, it has carried out group layout, covering Shenzhen R&D, production and sales centre, Wuxi sodium electricity production base, and the first domestic R&D and market application base of sodium electricity for digital energy, which will be put into production soon.
Picture: Wuxi Base
Enterprise Honour
The company's products have won a number of awards and honours, and the product power has been authoritatively recognised by the industry.
✔ The 18th "Chunhui Cup" Winner Award (the highest award) organised by the Ministry of Education and the Ministry of Science and Technology;
✔ The third prize (top 2%) of the 8th "Creative China" in Shenzhen held by the Ministry of Industry and Information Technology and the Ministry of Finance;
✔ 36 Krypton WISE2023 Future Business King "Green Energy Enterprise of the Year";
✔ Third Prize of Shenzhen Innovation and Entrepreneurship Competition in Dapeng New District, Science and Technology Bureau;
✔ Second Prize of Yangzhou "Jiangdu Cup" Innovation and Entrepreneurship Competition, Suzhou Branch;
✔ First Prize of the Fifth "Begonia Cup" Innovation and Entrepreneurship Competition in National Finals;
✔ Ministry of Industry and Information Technology "the first batch of sodium-ion battery evaluation unit";
✔ The 13th China Battery Industry Annual New Talent Award;
✔ Guangdong Battery Industry Association "Top Ten Battery Core Enterprises";
✔ GaoGong Energy Storage "2023 Sodium Electricity Industry Chain Quality Enterprises";
✔ Starting point sodium power 2022 China lithium (sodium) Golden Tripod Award.
Picture: Some of the awards and honours
Patent qualification
Owns a number of core patents for sodium-ion batteries, and has applied for nearly 100 patents.
Picture: Part of the patent qualification
Product Brand Matrix
Paragonage has a complete layout of sodium-ion battery models, and has designed and developed series of products for different application directions, such as Pansing series (high energy density), Panglong series (ultra-high power), Panshan series (high-cycle and long-life), etc., which cover cylindrical batteries, soft-packed batteries and square batteries. Superior technology process and business strategy enable the company's battery products to lead the industry in performance and provide differentiated solutions for different scenarios.
Based on the product performance and cost advantages of sodium-ion batteries, they can be effectively applied in energy storage (including industrial and commercial energy storage and household energy storage), communication base stations, UPS, automobile starting, engineering machinery, low-speed electric vehicles, military industry and other fields, replacing lead-acid batteries and supplementing lithium-ion batteries.
Picture：Paragonage Product Advantages and Capacity Delivery
Excellent low temperature performance
Sodium ion batteries can operate in the range of -40℃ to 60℃. At room temperature, Paragonage's sodium-ion batteries still maintain a capacity retention rate of over 90% after more than 2,000 cycles, which is significantly ahead of industry peers. Recently, in the extreme cold areas such as -40℃ in Siberia and -20℃ at night in Datong, Shanxi Province, the performance is maintained at more than 80%, comparing with the phenomenon of lithium-ion battery and lead-acid battery, which have a rapid power drop or even can not be started in the cold areas, the sodium-ion battery can be widely used in the cold areas.
Excellent multiplier performance
At present, the industry is the only company that can develop and produce ultra-high-multiplication sodium-ion batteries, which can reach 30C continuous discharge and up to 100C instantaneous discharge, and also support -20℃ low-temperature large-multiplication (up to 20C) discharge. Compared with the common 2.5C of lithium batteries, it has an unrivalled advantage in the high-multiplication performance scenario. Recently, the company has broken through the core technical difficulties of ultra-high-rate charging, and can achieve a maximum of 25C charging, which means that it only takes 2 minutes and 30 seconds to complete 100% charging.
Lower comprehensive cost
The technical principles and equipment are more common with lithium, so the commercialisation speed is much faster than other electrochemical energy storage routes. After two years of development in the industry, Bom cost from $ 2 + down to the industry average of $ 0.8 / Wh, Pangu sodium electric products is as low as $ 0.5 / Wh, in the industry is in the lead, and the annual rate of cost reduction is obvious, to 2026 is expected to be reduced to $ 0.25 / Wh, when it will be more cost advantage.
Safer in all scenarios
Compared with lithium, lead-acid and other batteries often appear in the explosion, fire and other phenomena, the safety performance of sodium power is far more than lithium, impact, pinprick, overcharge and discharge tests are safer than lithium. Meanwhile, as the first batch of enterprises that have passed the evaluation of the Ministry of Industry and Information Technology, we will continue to optimise the comprehensive performance.
Paragonage 2024-2026 total capacity design planning 5GWh, of which 200MWh pilot line officially put into production in the first quarter of 2024, the mass production line is expected to start by the end of 2024, and achieve full production in 2026.
Sodium power industry status and market expectations
The year 2023 is defined as the first year of industrialisation by the sodium ion battery industry, which has received extensive attention from the industry, and the industrialisation is accelerating, and it is expected that the sodium electric products and related applications will start to release one after another from 2024. Sodium-ion batteries have significant advantages in cost, low-temperature performance, safety performance, fast charging performance, and equipment compatibility, and are expected to take the lead in substitution and application in the field of low-speed power and comprehensive energy storage.
China's A00-class small electric vehicles, in 2021 ushered in an outbreak, the annual sales of nearly 900,000 units, a year-on-year growth of more than two times, and two-wheeled electric vehicle production reached 67.5 million units in 2022, a year-on-year growth of nearly 15%, providing a wide-area market space for the sodium-ion battery loaded vehicles. China Sodium-ion Battery Industry Development White Paper (2023) predicts that the actual shipment of sodium-ion batteries will reach 347.0GWh by 2030, and the largest end-use field will be the trillion-dollar energy storage market based on source-network-load-storage and peak-frequency regulation.
Conclusion
Paragonage focuses on sodium-ion batteries and their solutions, with first-class industrial chain background and technical capabilities. Currently, based on the advantages of high-quality, high-performance sodium power products and geographical location, we invite all parties to actively cooperate in the fields of power, power supply and energy storage, and to build and share a win-win situation together in 2024!
TEL：0755-89892688；0510-88205678；
Email：info@paragonage.com
Wbe：www.paragonage.com
Adress：
No.79 Gaodeng Road, Xishan District, Wuxi City
NO.1, Binhai 2nd Road, Dapeng New District, Shenzhen
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