Pu Neng (formerly known as Prudent Energy) is the designer, manufacturer, and integrator of the Vanadium Redox Battery Energy Storage System (VRB-ESS), a long-life, advanced flow battery system. VRB-ESS allows utility customers to balance load, bridge generation, and regulate voltage and frequency in one low maintenance system. The Company also sells or leases VRB systems and services to commercial onsite generators and telecoms companies to reduce their operating expenses and provide backup power.

Type
Private
HQ
Tongzhou, CN
Founded
2006
Size (employees)
46 (est)
Pu Neng was founded in 2006 and is headquartered in Tongzhou, CN
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Key People/Management at Pu Neng

John Wang

John Wang

Chief Executive Officer
Andy Li

Andy Li

Vice President, Finance
BJ Lin

BJ Lin

Vice President, Manufacturing
Ted Wang

Ted Wang

Vice President, Engineering

Pu Neng Office Locations

Pu Neng has offices in Vancouver and Tongzhou
Tongzhou, CN (HQ)
Ding Fu Zhuang 10
Vancouver, CA
654 999 Canada Pl
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Pu Neng Financials and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$51.5 m

Latest funding size

$29.50 m

Time since last funding

7 years ago

Investors

Pu Neng's latest funding round in October 2011 was reported to be $29.5 m. In total, Pu Neng has raised $51.5 m
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Pu Neng Operating Metrics

May, 2017Dec, 2017

MW of Batteries Storage Installed

20 30

Hours of Demonstrated Battery Performance

800 k800 k
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