Focusing on the northern market, Pengcheng Infinite launches a 27GWh cell base in Feicheng, Shandong

Recently, the People's Government of Feicheng City reached a cooperation agreement with Pengcheng Infinite New Energy Co., Ltd. and Ruineng Power Co., Ltd. on a cell production project. The project has a planned total capacity of 27GWh with a total investment of approximately 5.5 billion yuan.

Through this cooperation, the three parties will fully combine Feicheng's industrial advantages in the field of new battery electrode materials with the strategic layouts of Pengcheng Infinite and Ruineng Power, promote resource sharing and complementary advantages. After the project is fully put into production, it is expected to achieve an annual output value of over 8 billion yuan.

It is understood that Ruineng Power, as a leading domestic digital and intelligent green energy operation enterprise, has rich experience in power system construction, new energy development and smart grid application, and has implemented demonstration projects in many parts of the country, providing systematic solutions for the optimization of regional energy structure.

Pengcheng Infinite New Energy Co., Ltd. was established in November 2023 with a registered capital of 500 million yuan. Its business covers green industries such as new energy storage, new energy vehicles and new energy aircraft, and it is a technology-based new energy enterprise integrating R&D and manufacturing, sales, investment and operation and maintenance.

It is worth mentioning that the company is the first domestic energy storage battery R&D and manufacturing enterprise to obtain both technical authorization and after-sales service support from CATL (Contemporary Amperex Technology Co., Limited). Within the authorized scope, it can produce energy storage batteries and related modules, electric boxes and other products, and enjoy after-sales support provided by CATL. At present, its product line covers cells of various specifications such as 280Ah, 314Ah and 587Ah.

In 2024, the shipment volume of Pengcheng Infinite's energy storage products was close to 8GWh, including about 4.6GWh of AC-side energy storage systems and about 3.3GWh of DC-side ones.

In terms of orders, according to industry information statistics, Pengcheng Infinite has accumulated nearly 16GWh of orders in 2025. In August this year, the company successfully was selected into the 25GWh energy storage centralized procurement project of China Energy Engineering Group, winning two bids; at the same time, it was shortlisted for the energy storage cell framework procurement of State Energy Information Control, with a winning capacity of about 0.6GWh. Earlier in April, Pengcheng Infinite signed strategic cooperation agreements with multiple enterprises involving energy storage equipment scale exceeding 15GWh; in March, it reached cooperation with two enterprises on 2.5GWh energy storage equipment; in January, it signed an agreement with Times Tianyuan, a subsidiary of CATL, with an expected cooperation scale of more than 500MW in 2025.

In terms of capacity layout, in November this year, Pengcheng Infinite signed a contract for its second cell production base at the 2025 World Power Battery Conference, officially launching the construction of the Southwest Manufacturing Base located in the Energy Storage Industrial Park of Xuzhou District, Yibin City. The base has a planned annual capacity of 27GWh, focusing on the production of 500+Ah energy storage dedicated cells, with a total investment of about 4.5 billion yuan, and is expected to be put into production in the fourth quarter of 2026.

In addition, Pengcheng Infinite has set up R&D centers, marketing centers and intelligent manufacturing bases in Suzhou, Shenzhen, Xining and other places respectively. Among them, the Suzhou base has production lines for passenger car Packs and energy storage electric boxes and supporting R&D capabilities; the Qinghai base focuses on cell manufacturing with a planned annual capacity of 15GWh; the Guangdong subsidiary is mainly responsible for the investment and development of new energy projects.

The settlement in Feicheng marks the official launch of Pengcheng Infinite's first northern cell production base, further improving its industrial layout nationwide.