Energy storage technology, integrating more renewable energy in the energy storage market, and stable lithium battery technology transactions almost every quarter. In addition, the energy storage system has invested a lot of funds. According to a new report from the research company MercomcapitalGroup, the battery storage company raised $ 1.4 billion in venture capital in the first half of 2019, higher than $ 543 million a year ago. Most of the recorded numbers come from the transaction. Northern Wolna Corporation raised $ 1 billion for a 16 kWh project. MercomcapitalGroup CEO Plabu said that with the rise of the battery industry and the decline in cost, the risk investment of battery companies has increased for the third consecutive year. New risk investment from battery storage companies is at the time of more and more attention. Battery technology can integrate more renewable energy and may replace many gasoline power cars nationwide. Plabu said that we have been tracking these numbers since 2014, and $ 1.4 billion in the first half of this year is unprecedented. Many oil and natural gas companies and public business companies are investing in projects such as battery storage, smart grids and energy efficiency companies. Plabu explained that public investment investment is to understand technology and possible acquisitions in the future. Petroleum and natural gas companies are also seeking to enter the field of renewable energy. Data show that most of the investment in the field of battery storage comes from the United States and Europe. Although China's battery energy storage market has developed rapidly, the channels for obtaining venture capital are not smooth. Earlier this year, Zhang Jing, Secretary -General of the Zhongguancun Energy Storage Industry Technology Alliance, said that China's energy storage industry has just started. We need a financing platform for an innovative enterprise in an energy storage industry to complete the combination of technology, products, and capital, which is critical to the next development of China's energy storage industry. Although the domestic energy storage market is a huge wasteland for new reclamation, currently the deployment space of foreign energy storage companies is even greater. Attracted by this trillion yuan market, BYD exported storage containers to Brazil for the first time this year, and exported 22 containers to the UK. The company signed a 100MWH battery energy storage system cooperation plan with Mexico. Based on the current energy storage market, CNPC Taizhou Technology Co., Ltd. focuses on the development of energy storage systems, actively develops overseas markets, and has reached cooperation with Canada, the United States, Lebanon and other countries.