Original Force Energy has completeCNY ten millions in financing

Technology Author: Xin Zeng Jul 19, 2023 05:49 PM (GMT+8)
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Hefei Yuanli Zhonghe Energy Technology Co., Ltd. (Chinese:合肥原力众合能源科技有限公司)(hereinafter referred to as "DAOSENERGY")(Chinese:原力能源), headquartered in Hefei, China, has successfully completed a series A financing of tens of millions.

Original Force Energy, established in August 2021, is positioned to provide energy users with a global solution for energy scheduling and management algorithms based on AI core drivers, covering multi-dimensional energy scenarios of cold, heat, gas, water and electricity.

According to the data of the official website of Original Force Energy, the user volume of Original Force Energy Management is close to 1GW, and the number of signed projects in 2023 is hundreds of millions. Benchmark users include public transportation, taxi companies, China Resources(Chinese:华润), CECEP(Chinese:中节能), ENN group(Chinese:新奥), etc. In the core scenario, Original Force Energy uses the prediction algorithm of the whole SOX and the optimal operation of battery assets, which can increase the life cycle value of the overall battery assets by more than 30%.

In 2025, the electricity consumption of the whole society will reach 9.50 trillion kWh, and the maximum load will reach 163 million kWh. Assuming that the adjustable capacity is 5%, the investment cost is 1000 yuan/kW. It is estimated that by 2025, the investment scale of virtual power plants is expected to reach 81.50 billion yuan. The demand for new energy markets that develop and adapt to new power systems dominated by new energy has changed from "situation probable" to "technical necessity".

Saitian Energy currently ships to the US, Germany, Colombia, Mexico and other countries. Xu Yu, founder and chairperson of Original Force Energy, revealed to EqualOcean that the company will comprehensively AI the optimal management and energy services, provide systematic new energy services suitable for the new energy market, and let the traditional relatively closed energy technology system sink to the end users, leading the new format of EaaS (Energy as a Service).

Among the current Class A Share Listed Companies, ZhiGuang(Chinese:智光电气),Wiscom system(Chinese:金智科技)etc. are all accelerating their pace and laying out overseas household storage business. Abroad, Enbala Power Networks, Autogrid Systems, and Kiwi Power are all developing rapidly.

Original Force Energy completed a Series A financing of tens of millions, led by Saitianchan, and Chuangwei Venture Capital Fund and Suzhou Chinese consortium Venture Capital Fund as strategic investment institutions. The funds will be used to expand urban business and increase R & D investment in energy nerve cell network optimization technology and city-level virtual power plant AI core.