Mainspring energy storage China

What is Mainspring Energy?

Mainspring Energy is a company that develops advanced technology by engineering a prototype of a linear generator that converts fuel to electricity. Indications of growth include the development of a new generator that runs on hydrogen, expanding their product line.

What is Mainspring Energy worth?

Mainspring Energy is worth between $100M and $500M as of Jan 24, 2018, according to PrivCo. Sign up for a free trial to view the exact valuation. The company has raised a total of $468M in funding over 5 rounds.

Why do we need a mainspring generator?

"Mainspring's technology helps to support our move to net zero carbon energy. Mainspring generators improve energy independence and buffer our growing use of solar power, while offering the potential future use of zero carbon fuels like green hydrogen and others."

What does mainspring do?

Mainspring is solving essential problems every day with a diverse, talented team of individuals who share our vision to address the growing threat of climate change and the need for affordable electricity for all. We're proud to be recognized for our innovations in power generation and our contributions to the advancement of clean energy.

Why should you choose mainspring?

Reliable, clean power — at any scale. Mainspring delivers local power solutions to meet capacity, resilience, and cost needs today while providing the infrastructure to move to increasingly cleaner fuels as they become available. Our products meet customer energy needs across a wide range of uses on both sides of the meter.

Why is China a leader in energy storage technology?

Li added that China's dominance in energy storage technology, particularly in battery cell production, places it in a leading position to shape global storage standards. At the end of the first half, power storage capacity in China surpassed 100 GW, reaching 103.3 GW, a 47 percent year-on-year increase.