In the critical period of accelerating global energy transformation, FGI, with its forward-looking strategic vision and excellent technical strength, unswervingly stands at the forefront of energy change and becomes an important force to promote the development of the industry. 2024, for FGI, is a year of glory and breakthrough, with deep accumulation and continuous innovation in the field of high-voltage cascade products, successfully won the "manufacturing single champion" title awarded by the Ministry of Industry and Information Technology. This national honor is not only a high praise for FGI's past technical research and innovation, but also a strong witness of the company's solid leading position in the industry, marking FGI's outstanding achievements in the field of high-voltage cascade technology has been recognized by the authority. In November 2024, FGI's first set of "100MW advanced energy storage system" conceived on this platform was successfully offline, which adopts PCS cascade design, has the largest single capacity in China, and significantly improves the efficiency of direct connection to the power grid.
In 2025, FGI reached a strategic cooperation with a technology company to jointly build a 150MW/600MWh high-voltage Fed energy system, which officially opened a new chapter of the cooperation project between the two sides. In this cooperation, FGI gave full play to its leading advantage in high-voltage cascade PCS technology and provided 150MW PCS and 600MWh BMS for the energy storage system to ensure the efficient and stable operation of energy conversion and control of the energy storage system. The company relies on its resources and technical advantages in the battery field to provide batteries and complete the system integration work. Through close collaboration, the two sides have realized the reasonable allocation of resources and the complementary advantages of technologies, and successfully established an excellent example of win-win cooperation in the field of energy storage.
FGI's strategic layout of supplying PCS to energy storage system integration manufacturers highlights the company's accurate judgment and deep understanding of the development trend of the energy storage market. In the current environment of rapid development of the energy storage market, the professional and refined industrial division of labor has become the inevitable direction of the development of the industry. FGI focuses on the research and development and production of PCS, relying on a strong technical research and development team and advanced manufacturing process, can provide integrated manufacturers with leading technology, reliable quality, high efficiency and energy saving PCS products, and supporting a full range of quality services. Through close cooperation with integrated manufacturers, FGI helps integrated manufacturers effectively reduce production costs, significantly improve production efficiency and system performance, and jointly promote the energy storage industry towards a more healthy and sustainable direction.
This cooperation is not only a successful landing application of FGI high-voltage cascade PCS technology in actual projects, but also a vivid practice of its strategic layout. In the process of cooperation, FGI deeply integrated its own advanced high-voltage cascade PCS technology into the energy storage system, effectively improving the charge and discharge efficiency, stability and reliability of the energy storage system. At the same time, the two sides have established an efficient communication mechanism and collaborative work mode during the cooperation, and ensured the smooth progress of the project through regular technical exchanges and project progress coordination. This good cooperation model has laid a solid foundation for in-depth cooperation between the two sides in more fields and more projects in the future.
Looking to the future, FGI will continue to uphold the innovation-driven development strategy, unswervingly increase R&D investment in high-voltage cascade PCS technology, continuously optimize product performance, improve product quality, and introduce more innovative products to meet market demand. At the same time, FGI will actively expand cooperation with more energy storage system integration manufacturers, and share resources and common development with partners in an open and inclusive cooperation attitude. By integrating the superior resources of all parties, we will jointly explore new opportunities and new challenges in the energy storage market, and contribute more wisdom and strength to the vigorous development of the energy storage industry.
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