E-Power Inc Dossier
Qualitative Analysis
Business overview
Sunrise New Energy Co., Ltd. (rebranded to E-Power Inc. in February 2026) is a holding company engaged in the manufacture and sale of graphite anode materials for electric vehicles (EVs) and other lithium-ion batteries. The company operates primarily through its joint venture, Sunrise (Guizhou) New Energy Materials Co., Ltd., which maintains a 50,000-tonne annual capacity manufacturing facility in Guizhou Province, China. In addition to its core anode business, the company operates a knowledge-sharing platform and has recently expanded its strategic focus toward artificial intelligence (AI) data center microgrid solutions.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Transitioning the corporate focus from solely manufacturing graphite anode materials to providing artificial intelligence data center microgrid solutions, including grid-scale, commercial, and residential energy storage systems.
Expected impact: Broadens the business scope into high-value applications, establishing local production capacity in the United States through its subsidiary, E-Power Grid Inc.
Construction of a new 20,000-ton high-end graphite anode material production line at the Guizhou manufacturing base to complement the existing 50,000-ton capacity.
Expected impact: Upon reaching full production, the new line is expected to contribute approximately USD 110 million in annual revenue and USD 16 million in annual profit.
Onboarding a veteran technical team specializing in high-performance AI power supply units (PSU) with expertise in ultra-high power density, liquid cooling, and power smoothing architectures.
Expected impact: Accelerates the transition of advanced PSU prototypes (previously validated by North American internet companies and AI chip manufacturers) to global mass production.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
A landmark three-phase agreement to scale power capacity from 3 MW to 50 MW for a 6,000-unit greenhouse facility in Middletown, California, using a 'Solar + Storage + Backup' architecture.
Terms: Total project capital expenditure of approximately $252 million, with Phase 1 valued at $15.12 million, Phase 2 at $30.24 million, and Phase 3 completing the expansion.
A long-term anode material supply contract combined with a strategic intent to co-invest in a lithium-ion battery anode material facility in Indonesia.
Terms: Co-investment in a facility with an annual capacity of 30,000 tonnes; specific financial terms were not disclosed.
Memorandum of understanding to form a U.S.-based joint venture named E-Power Grid Inc. USA, focusing on microgrids, power equipment, and power automation.
Terms: E-Power Inc. will hold at least a 55% controlling stake in the joint venture.
Establishment of a Delaware-based joint venture named Alchemistica Inc. to spearhead the company's expansion into the United States.
Terms: Total initial capital of $1.0 million, with E-Power (through its subsidiary SDH HK) contributing $710,000 for a 71% controlling equity stake.