Intrinsic Safety of Solid Lead Batteries in New Power Systems
Ritar International Group, established in 2002 and listed on NASDAQ in 2007, is a leader in the new energy industry with over 6,500 employees and annual revenue of 11 billion RMB. The company specializes in solid lead batteries (OPzV), graphene lead-based batteries, IDC-specific lead-acid and lithium batteries, and energy storage solutions for generation, grid, and user sides. With 41 production lines and 8 global bases, Ritar delivers 15 billion RMB annually. Its R&D capabilities include a national CNAS laboratory, over 200 R&D personnel, and 65 battery invention patents. The document highlights the urgency of intrinsically safe energy storage batteries due to over 120 fire accidents in global energy storage stations since 2017, emphasizing the need for high-safety, low-cost, and sustainable electrochemical technologies. Ritar's innovations address safety and site pain points, offering solutions for large-scale energy storage with strict fire protection requirements.