The Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan) will introduce 100 energy storage enterprises, with total output value of 20 billion yuan ($3 billion), within five years in order to form an industrial cluster in the Guangdong-Hong Kong-Macao Greater Bay Area.

Zhuhai's 2023 Government Work Report put forward that the city will accelerate the introduction of major projects with priority given to new energy, new energy storage, integrated circuits, and electronic information sectors. This will form strategic support for Zhuhai's modern industrial system at 1-trillion-yuan ($144-billion) level.

Tangjiawan has since released specialized supporting policies to lure modern industrial and sci-tech enterprises to settle within the zone and form a leading distinctive industrial cluster. 

For instance, Zhuhai Bochuang new-generation high-efficiency energy storage industrial park settled in Tangjiawan in April 2022 and has been moving forward in its construction.

Construction site of Zhuhai Bochuang new-generation high-efficiency energy storage industrial park in Tangjiawan. [Photo by Wu Changfu / Guanhai App]

With investment of 1.5 to 2 billion yuan ($215 to 289 million), the 38,000-square-meter (9.4-acre) park in the Beiwei Area will have floorage of 135,000 sqm (33 acres). It will introduce Kechuang Group, a hi-tech enterprise managing the R&D and equipment manufacturing of the whole "smart" energy storage system industrial chain. Kechuang Group is also the only one of its kind in China that owns independently developed energy storage products and automatic production lines. 

Liu Liping, general manager of Zhuhai Bochuang, noted that the enterprise is expected to build the most advanced demonstrative base with the most complete energy storage industrial chain in the world.

Liu added that the project's main infrastructure is expected to be capped by the end of June, and will begin operation by year end. Its output value in 2025 is set to reach 2.5 billion yuan ($361 million) and its value will go over 4.5 billion yuan ($650 million) by 2028. 

As of now, Tangjiawan is home to nearly 140 new energy and "smart" grid enterprises, and in 2022, the economic scale of enterprises above designated size increased by 27.14 percent year-on-year, and sat at 13.04 billion yuan ($1.88 billion).

Tangjiawan has introduced 17 major projects related to new energy and "smart" grids, with a single investment of over 100 million yuan ($14 million) and a total investment of 10.5 billion yuan ($1.5 billion). Meanwhile, the zone has been active in building industrial parks for energy storage and cell manufacturing, creating a new energy industrial cluster featuring "smart" grid, energy storage, and NEVs.