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NR Electric
PCS
📍 Nanjing, China · Est. 1995Private
Overview
NR Electric, founded in 1995 and headquartered in Nanjing, China, is a power system equipment manufacturer that is 87% owned by NARI Technology and ultimately controlled by State Grid Corporation of China. The company specializes in BESS power conversion systems with millisecond-level response and grid-forming capability, and exports to more than 130 countries and regions. Its storage PCS and MV skids run projects including the 50 MW/50 MWh Richborough Energy Park in the UK and Malaysia's first large-scale storage plant at Sejingkat.
At a Glance
RMB 18.33B
Revenue
6,484
Employees
Products
NR Electric offers 6 BESS products across 2 categories: PCS, PCS + MV Skid. 6 products have detailed specifications available.
NR Electric is headquartered in Nanjing, China with manufacturing in China (Nanjing). 16 known facilities worldwide.
HQManufacturingSalesService Center
Facilities
HQ
Nanjing, Jiangsu, China
Manufacturing
Nanjing, Jiangsu, China
Sales
Hong Kong, ChinaTangerang Selatan, IndonesiaKuala Lumpur, MalaysiaIrlam, United KingdomQuito, EcuadorAbuja, Nigeria
Service Center
Pasig City, PhilippinesHanoi, VietnamAstana, KazakhstanAbidjan, Cote d'IvoireAddis Ababa, EthiopiaLusaka, ZambiaCairo, EgyptDar es Salaam, Tanzania
Financials & Reports
NR Electric is a privately held company. Key figures from FY2024.
Key Figures
RMB 18.33B
Revenue
6,484
Employees
NR Engineering Co Ltd 2024 ESG Report, Key Performance table (pp 89-90). Figures are the parent-company column, footnoted 'Data with [1] are the data of the parent company: NR Electric Co., Ltd.' FY2024 for NR Electric: operating revenue RMB 18.33B, total assets RMB 30.38B, total profit RMB 3.89B (pre-tax, so not shown as net income), total tax paid RMB 1.39B, 6,484 employees. NR Electric is not itself listed. Ownership per NARI Technology (SHSE: 600406) FY2025 annual report, p 261, subsidiary schedule: NARI Technology holds 87% directly. State Grid Corporation of China is named there as NARI Technology's ultimate controlling shareholder: https://static.cninfo.com.cn/finalpage/2026-04-30/1225257886.PDF
Sustainability
NR Electric publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2024.
ESG Key Figures
273
Patents
383
R&D Staff
0
Work-Related Deaths
NR Engineering Co Ltd 2024 ESG Report, SGS-assured (AA1000AS v3 Type 2, moderate). IMPORTANT SCOPE NOTE: unlike the financials above, these environmental and social figures cover NR Engineering only - the wholly-owned subsidiary that publishes the report, with 1,753 staff against the NR Electric group's 6,484, so roughly 27% of group headcount. They are not group-wide. 2024: 273 authorized patents including 213 invention patents, 383 R&D staff (23.45% of workforce), R&D spend RMB 634M at 3.75% of operating income, zero severe work-related injuries (3 recordable), zero occupational disease cases. Greenhouse gas emissions were 18,052.87 tCO2e (Scope 1: 384.71, Scope 2: 17,668.16); no Scope 3 is disclosed and the GHG data was not third-party verified. Rooftop solar supplied 209.71 of 2,440.07 (10,000 kWh) total electricity.
PCS
PCS + MV Skid
