The report on the Global Portable Power Station Market has published by the Market Research Store. The report provides the client the latest trending insights about the Portable Power Station market. You will find in the report include market value and growth rate, size, production consumption and gross margin, pricings, and other influential factors. Along with these you will get detailed information about all the distributors, suppliers and retailers of the Portable Power Station market in the report. The competitive scenario of all the industry players are mentioned in-detail in the report. Due to the pandemic the market players have strategically changed their business plans.
Through the month of the analysis, research analysts predicted that the Portable Power Station market reached million dollars in 2019 and the market demand will reach 8000 million dollars by 2026. During the forecast period 2020 to 2026 the expected CAGR is 70%. The increasing investments in the research and development activities and the rising technological advancements in the Portable Power Station market, increasing the market growth. Portable Energy Storage System,Portable Energy Storage Market,Portable Power Storage,Portable Energy Storage Shenzhen Zhifu New Energy Co., Ltd. , https://www.sunbeambattery.com
“The second round of Guangdong Green Industry Investment Fund (hereinafter referred to as Green Fund) screening is underway. The company will accept questions two days later to determine whether it will be finalists.â€
On March 31, Xie Yingxiang, the general manager of Destar Optoelectronics Technology (Shenzhen) Co., Ltd. (hereinafter referred to as Destar), revealed to the reporter that after the first round of screening, there were only 28 companies registered in more than 60 companies. Or only three companies are on the list.
According to the reporter's understanding, Guangdong Green Energy Industry Fund was established by the Guangdong Provincial Department of Science and Technology at the end of 2009. It is the first industrial investment fund in China that combines science and technology finance. Its fund base scale is 5 billion yuan - the government funds 50 million yuan to guide funds. Together with 4.95 billion yuan of social funds, Guangfa Bank and Everbright Bank jointly support 20 billion yuan.
At the time of the opening of the green fund, there is no shortage of clear-cutters in the industry. Liu Zhen, general manager of Quantum Optoelectronics, reminded reporters that Chinese LED companies lack core patents and infringe on the intellectual property rights of the five major LED manufacturers. He believes that some of the green funds should be used as investment funds to purchase the patent rights of seven people. The company's shares, in order to solve the patent licensing problem.
25 billion fund target
In response to the huge green fund of 25 billion, Guangdong introduced the EMC (contract energy management) model and established the EMC Alliance. EMC is a new type of market-oriented energy-saving mechanism. Its essence is the energy-saving business method of paying the full cost of energy-saving projects with reduced energy costs.
"EMC Alliance" is composed of energy-saving equipment manufacturers (LED factories) registered in China, energy-saving equipment raw material suppliers, financial institutions, testing institutions, construction engineering companies, engineering design companies, bidding companies, law firms and other related enterprises and institutions. .
Xiong Yingxiang explained that members of the "EMC Alliance" will enjoy the various rights brought by the alliance. The production enterprises can obtain financial support from the bank, and they will also have the opportunity to obtain the 25 billion yuan LED street lamp transformation contract invested by the fund in Guangdong Province. In accordance with the support plan of the Green Fund, in 2010, Guangdong Province will build a demonstration project for LED streetlights with a total mileage of 1,500 kilometers and a scale of about 100,000 baht in Guangzhou, Dongguan and Shenzhen.
“The launch of green funds is also a measure to promote industrial upgrading by the market.†Zhong Shaofeng of the Guangdong Green Industry Investment Fund Operation Office told reporters that there are more than 2,600 LED lighting companies in Shenzhen with Shenzhen as the leading LED lighting and lighting in the province in 2009. The output value of related industries reached 31 billion yuan. "The energy saving rate of EMC projects is generally 10%-40%, which can promote technological innovation of enterprises" and can recover investment in a short time.
As early as 2009, LED streetlights have been piloted in several cities in Guangdong. Xiong Yingxiang predicts that with the help of green funds, the domestic LED market will expand rapidly this year. "The annual sales will be about 10 times that of last year."
Investing upstream
The LED industry has become a paradise for capital competition with the rapid development of streetlights. Zheng Haowen, director of the National High-Tech Enterprise Development LED Professional Committee, revealed that the investment in the domestic LED industry this year is expected to reach 60 billion yuan, an increase of 500% over last year's more than 10 billion yuan.
“Despite the acceleration of investment and capacity expansion of China's LED industry, 70% is concentrated in the downstream integrated application and lacks upstream core technology.†Wu Zhenle, chairman of Shenzhen Hantian Technology Co., expressed concern. Lawyer Wang Ningling of Feihan Law Firm confirmed that the LED industry has a feature and patent protection is very powerful. Recently, many foreign companies often visit the country to see if their intellectual property rights have been violated.
Taking the current capital-intensive chips as an example, the Semiconductor Industry Alliance released the data of China's semiconductor lighting industry in 2009. The total scale of China's LED industry was 82.7 billion yuan, but the lighting application reached 60 billion yuan, and the output value of LED packaging was 20.4 billion. The midstream capital-intensive chips only reached 2.3 billion yuan.
According to statistics, at present, the number of LED chip manufacturers in China is 62, the number of packaging factories exceeds 1,000, and the number of related downstream application enterprises is close to 2,000. There are few upstream enterprises. More than 50% of the core patents for LED lighting are monopolized by Japan's Nichia and Toyota Synthetic, and CREE.
Liu Zhen, general manager of Quantum Optoelectronics, is blunt about this. He believes that street lamps are an application product. The key components, chips, packaging and power supplies need to be imported from abroad. The upstream means high-end profit. Behind the “25 billion funds, in fact Part of it is still for foreign businessmen."
As a member of the National Patent Analysis Group of LEDs, Liu Zhen suggested that there are indeed weaknesses in basic research and upstream production in China. This is not a good day, and investment upstream companies can get out of the intellectual property litigation trap.
Xiong Yingxiang agrees with this, but he believes that the fund has locked in the function of industrial investment. "So we should reorganize a new fund to do this." 
Due to the increase of pandemic world-wide several market issues has generated around the world. Such as, economic crisis in various regions along with loss of employment.