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XJ Electric to Expand Grid-Forming Converters and Solid-State Transformers

Published: Updated: By 24TopNews Editorial Desk

XJ Electric disclosed at an analyst meeting that its power electronics business will focus on expanding grid-forming energy storage converters and solid-state transformer products. The grid-forming energy storage converter passed appraisal by the China Electrotechnical Society in 2024 and has since been applied in multiple domestic projects, covering scenarios including large-scale energy storage, off-grid hydrogen production, microgrids, and new energy grid connection support.

For solid-state transformers, development is progressing toward mainstream market voltage levels and capacities. The company has completed foundational research including overall scheme design, main circuit topology selection and design, and control system design, and is currently advancing assembly and commissioning of the complete unit.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 2 industrys. The strongest current signal is positive for Batteries & Energy Storage, with intensity 50/100 and 70% confidence over a short term horizon.

Energy · 1.14

Batteries & Energy Storage

Direction
positive
Intensity
50
Confidence
70%
Horizon
Short term
Effective impact +21
Energy · 1.12

Power Equipment

Direction
positive
Intensity
40
Confidence
60%
Horizon
Medium term
Effective impact +14

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.