EGEN Energy Completes Pre-A+ Financing Round to Expand SOFC/SOEC Production Capacity and R&D

SHANGHAI — On September 11^th, Shanghai EGEN Energy Technology Co., Ltd. ("EGEN Energy") completed the closing of its Pre-A+ financing round. The investment round was co-led by Xuanyuan Capital and Jiangsu Yunyi Electric Co., Ltd. (“Yunyi Electric”). Proceeds will be deployed to expand core R&D teams, upgrade production lines, and scale manufacturing capacity—further strengthening independent R&D and production capabilities for battery cells, stacks, and complete system equipment while enhancing volume delivery capabilities.

Founded in 2020, EGEN Energy focuses on the research, development, and application of solid oxide cell (SOC) technologies. Its core offerings encompass solid oxide electrolyzer cell (SOEC) hydrogen production systems, solid oxide fuel cell (SOFC) power generation systems, core components, key materials, and complete system hardware, alongside integrated energy solutions coupled with renewable energy sources.

EGEN Energy has applied for over 90 core patents and mastered full-chain technology for both SOFC power generation and high-temperature SOEC electrolysis, establishing a proprietary technical architecture. The company currently operates an automated SOC stack production line with an annual capacity of 100 MW, alongside a cell manufacturing line producing 300,000 cells annually. This infrastructure enables the production and supply of hundred-kilowatt-scale to megawatt-scale SOEC and SOFC systems. Its SOFC solutions target distributed power supply for data centers, while its SOEC technologies are applied in green hydrogen generation.

Source: TrendBank