Candela (Shenzhen) New Energy Technology Co., Ltd.

Based in Shenzhen, China, and established in 2018, Candela (Shenzhen) New Energy Technology Co. , Ltd. is a new energy technology company that provides energy storage systems solutions, based on magnetic levitation flywheel energy storage technology. It has more than 100 patents for magnetic levitation.

It has established a research and development center, a test center and a trial production base in Shenzhen, and factories in Foshan and Yangzhou. In February 2023, it signed a contract with a 100MW flywheel independent energy storage plant project in Changzhi. In February 2026, Candela (Shenzhen) New Energy Technology Co. , Ltd.

closed a strategic investment from new investor Guangdong Dowstone Technology Co. , Ltd. The company products include flywheel energy storage, a smart cloud platform, and core components. The flywheel energy storage includes CFR500-5, CFR100-1, CFF500-135, CFF350-3.

5, and CFF100-20. The smart cloud platform supports real-time data collection and storage, interprets the key indicators of the equipment, and remote guides on-site inspection and maintenance. The core components include bidirectional converters, high-speed motors, magnetic bearings, and magnetic bearing controllers. Those products can be used in the fields of stand-alone energy storage plants, primary frequency regulation, AGC frequency regulation, source-grid load storage, and brake energy recovery.

  The company generates revneue by providing flywheel batteries, energy storage systems, flywheel control systems and other products. The funding raised in February 2026 will accelerate technological research and development and its industrial application.