You are viewing a limited version of this profile. To access i3's full capabilities.
Pu Neng
Save
Company logo (jpg or png)
Parent company

Short description

Developer of large-capacity flow batteries based on vanadium-redox technology

Founded in 2007
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters China Beijing, China
Address
City
State
Zip
Country

Parent Companies

Updated by Matthew Doe at on 08/19/2013

Edited by Cleantech Group on 10/14/2020

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Date Company
03/02/2011

China Electric Power Research Institute (CEPRI) China Electric Power Research Institute (CEPRI)

Prudent Energy announced today it has finalized the installation of a 1MWh Vanadium Redox Battery (VRB®) energy storage system, sized at a rated power 500kW and a peak power of 750kW pulse capability for the China Electric Power Research Institute (CEPRI) in Zhangbei, Hebei province in northern China.

Confirmed by China Electric Power Research Institute (CEPRI)

Partnerships
Save
Date Partner Type
03/09/2011
Pacific Gas & Electric (PG&E) Pacific Gas & Electric (PG&E)
View source    
Confirmed by Pacific Gas & Electric (PG&E)
Development Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
05/29/2017 High Power Exploration High Power Exploration (1)
Post-money valuation of
HPX’s investment in Pu Neng (fka Prudent Energy) underscores growing interest in vanadium redox battery deployment in Asia.
Growth Equity
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics

VRB® Energy Storage System

Unlimited cycles (20+ years); Can produce over 10,000 full-depth charge/discharge cycles with no negative effect on performance; Low self-discharge; 6-8 hours storage duration

Wide Commercial Availability
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font