EXCEL Accelerator

EXCEL ACCELERATOR is a growth-stage accelerator focused on the clean energy transition and climate change mitigation in China.

Leveraging support from local government, academia and industry connections, EXCEL ACCELERATOR provides growth-stage startups with technology/product expertise, pilot opportunities, market expansion.

2020 Review

RMB total funding
PoC projects signed

Industry Meet-ups in Beijing, Shanghai, Shenzhen and Chengdu

Deep-dive Workshops SGCC, CNOOC and Baowu

F2F Mentor Session with industry experts and investors

Mentors, events & meet-up participants

Investor (VC/CVC/Foundation)
Accelerator, Research Institute

2021 Cohort 2

EXCEL Accelerator will be launched again in 2021, focusing on three application scenarios and five industry sectors, to accelerate energy innovation and achieve the “double goals” of air quality standards and carbon emissions peak by connecting industry, startups and investment institutions.

Hydrogen fuel cell vehicles, hydrogen refueling stations, distributed hydrogen fuel cells, hydrogen (ammonia) ships, hydrogen-powered heavy-duty trucks, green hydrogen production, direct-reduction steelmaking, green hydrogen (ammonia) chemicals

Charging station with PV and energy storage, echelon use and recycling of retired battery, vehicle-grid integration (VGI), cloud energy storage, heat (cold) storage, battery swapping stations, thermal utilization of water sources, charging ships, utility-scale energy storage stations, high-temperature heat storage, energy storage facilities for power quality improvement, emergency power supply

Energy efficiency management for buildings, Cooperative vehicle system to charging infrastructure (V2I) and to network(V2N), energy big data, carbon emission management, decentralized trading, digital currency settlement, digital grid, digital power plant, digital water environment, industrial energy efficiency management, energy trading

Green bonds, low-carbon financing, supply chain finance

DC building, DC fast charging, DC distribution network, DC IDC, DC shore power for port, high-reliability DC power supply

Recruitment Criteria

Technology & Product

Mature technology, solutions and products

Later than TRL 3

Solutions focus on smart city, smart marine or heavy industry scenarios

Technology focus on hydrogen, energy storage, digitalization, fintech and semi-conductor

Investment & Customer

Later than Pre-A

Request for industrial investment

Stable customers with current solutions

Eager to expand market and acquire more customers 



At least 2 FTEs


Open for Application

March 29

Selection and Due Diligence

May - June

Open Day


Workshops and Events

June - October

Demo Day

October 21

EXCEL Accelerator Cohort 1


Events and News

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