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Kehua Tech: A Rising Star in Energy Storage Bankability

Eli GrantMonday, Dec 23, 2024 9:41 pm ET
4min read


Kehua Tech, a leading player in energy storage solutions, has made significant strides in the global market, being recognized in Bloomberg New Energy Finance's (BNEF) prestigious bankability survey. The company's inclusion in the PCS Providers Bankability and Storage Providers and Integrators Bankability categories underscores its financial stability and product maturity, making it an attractive partner for project developers seeking financing.

BNEF's reports are vital for financial institutions in commercial lending, as they help project developers secure financing based on factors like financial stability and product maturity. Kehua's presence in both PCS suppliers and energy storage integrators' bankability ratings signals its industry strength and commitment to promoting energy transition. The company's ongoing efforts in promoting energy transition have also led to its listing as a global tier-1 energy storage supplier by BNEF for four consecutive quarters.

Kehua's commitment to quality and innovation is fueled by a dedicated team pushing technological boundaries in the energy sector. The company's advancements in grid-forming technology, such as its completion of full-domain testing and verification, have positioned it as a leader in the energy sector. In November 2024, Kehua commissioned a 300 MW/1200 MWh standalone ESS project, currently recognized as the largest grid-forming project in the world. This milestone underscores Kehua's leadership in the energy sector and its commitment to enhancing grid stability and resilience.



Kehua's commitment to quality and innovation is reflected in its financial performance and market share trends. In 2020, the company's total operating income grew by 7.71% year-on-year to $604.93 million, with net profit attributable to the company increasing by 84.34% to $55.44 million. This growth was driven by the company's core advantages of independent innovation, lean production, integrated services, and sustainable development. Additionally, Kehua Tech's market share in the energy storage inverter market has been consistently growing, with the company ranked as the No.3 global supplier and No.1 in China in 2023.



As Kehua Tech continues to expand its presence in the global energy storage inverter market, it remains committed to driving innovation and setting new benchmarks for excellence. The company's recognition in BNEF's bankability survey signals its strong position in the energy storage market and its potential for future growth. With its technological advancements, global expansion, and strategic partnerships, Kehua Tech is poised to continue its success in the energy storage sector.
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