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The market share of the product segment has reached 80%, and it has achieved leapfrog development in 5 years Improve the quality to the "new" to see the shade of Huaiyin

author:New Yellow River

With the release of the medium and long-term plan for the development of the hydrogen energy industry, hydrogen energy has risen to the national energy strategic position. As a key technology for converting hydrogen energy into electrical energy, hydrogen fuel cell is also an important technical route for hydrogen energy to be applied in the field of transportation, and has a very important position. At present, many domestic companies have accelerated the exploration of hydrogen fuel cell related fields, and promoted industrial development through technical route research and development.

The market share of the product segment has reached 80%, and it has achieved leapfrog development in 5 years Improve the quality to the "new" to see the shade of Huaiyin

Shandong Newt Power Technology Co., Ltd. (hereinafter referred to as "Newt Power") is one of the leaders, although it has only been established for 5 years, it has more than 20 patents and has a market share of 80% in the core components of hydrogen fuel cell power system.

The market share of the product segment has reached 80%, and it has achieved leapfrog development in 5 years Improve the quality to the "new" to see the shade of Huaiyin

Fuel cell DCDC is a research project conducted by President Geng Zhi after graduating from his PhD. In 2018, he participated in the first Jinan New Kinetic Energy Overseas High-level Talent Entrepreneurship and Entrepreneurship Competition with the DC converter project for hydrogen fuel cell vehicles, won the first prize, and also won the opportunity for the project to land in Jinan.

In that year, Newt Power was established in Jinan. The founding team is composed of a number of returnee doctors, including one Taishan industry leader (Class C) and two Haiyou talents (D). The team applies the most high-end power electronics technology and the third-generation wide bandgap power semiconductor application technology to the hydrogen energy, energy storage and new energy vehicle industries, and the main products are DCDC power converters used in hydrogen fuel cell vehicles and combined heat and power systems.

Hydrogen fuel cell DCDC power converter is the highest-end route for the application of power electronics technology and the third generation of wide bandgap power semiconductors in the emerging energy industry, which is a deep transformation and remodeling, and plays a vital role in the operation of hydrogen fuel cell power system. An excellent hydrogen fuel cell DCDC power converter should have sufficient dynamic response ability, and it needs to accurately adjust the "shape" of electric energy according to the needs of the application side, and operate stably and reliably for a long time at extremely high switching frequencies, so that it can better serve various hydrogen fuel cell power systems operating in harsh environments, and will not affect the life of the stack and the safety of the whole vehicle.

After research and judgment, the company focused on the market focus on the low-power application scenarios of hydrogen fuel cells. "It took us a year to industrialize the samples, and launched various products based on the core technology, supporting many hydrogen fuel cell engine systems, including heavy trucks, logistics vehicles, buses, hydrogen drones, hydrogen forklifts, etc." Geng Zhi said that at present, it has built a strong strategic cooperation ecosystem, and has reached strategic cooperation with many enterprises such as Synergy Hydrogen Energy, Weichai Power, Sinohytec, Aerospace Hydrogen Energy, and Doosan of South Korea.

The market share of the product segment has reached 80%, and it has achieved leapfrog development in 5 years Improve the quality to the "new" to see the shade of Huaiyin

Adhering to the creed of "doing a good job in products and solving customers' problems and pain points", Nut Power insists on helping customers choose the most suitable, stable and reliable solutions from a professional perspective to help customers adapt to downstream application needs, and in the process of continuously solving customer problems, it repeatedly iterates its own products, and finally forms an insurmountable barrier in the industry.

With its professional technology and services, Nut Power has become one of the few manufacturers that can provide DCDC converters for isolated hydrogen fuel vehicles nationwide, with a market share of 80% in hydrogen energy small and medium-power application scenarios, and a turnover of about 10 million yuan in 2023.

With the domestic support for the hydrogen energy industry, Newt Power, whose main products are used in hydrogen fuel cell systems, is also developing rapidly. Up to now, Nut Power has more than 20 patents, more than 50 SCI journals and international conference papers can be retrieved, and has successfully independently developed and produced isolated DCFI series DCDC converters, supporting a variety of mainstream fuel cell models such as 3 kilowatts to 150 kilowatts, and has successively developed products with high market competitiveness such as 1 kilowatt to 40 kilowatt small and medium-power automatic buck-boost DCDC and power modules that can be mass-produced for hydrogen fuel cell forklifts, unmanned aerial vehicles, combined heat and power and other systems.

The development of hydrogen energy is an important strategic measure for the mainland to achieve the "dual carbon" goal. Talking about the next step of the enterprise development plan, Geng Zhi said that Nut Power will closely follow the national development strategy, do a good job in products, achieve large-scale production and application, and strive to lead the electrical integration scheme and standard of hydrogen fuel cell power system, and become the industry leader of the core components of hydrogen fuel cell power system.

Reporter: Bai Lingjun Editor: Han Luying Proofreader: Yang Hefang Correspondent: Xun Jiajuan

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