Energy storage

Zhejiang plans to build 3 GW of new energy storage capacity during the 14th FYP

The Zhejiang Provincial Energy Administration issued the “14th Five-Year Plan for New Energy Storage Development in Zhejiang Province”. During the 14th FYP period, about 3GW of new energy storage capacity will be built in Zhejiang Province, and the first batch of demonstration projects in the province will be selected. The plan pointed out that pilot …

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Shanxi’s renewable energy installed capacity will surpass 83GW by 2025

Shanxi (山西) Provincial Energy Bureau recently solicited opinions on a draft document “Environmental Impact Report of the 14th Five-Year Plan for the Development of Renewable Energy”. According to the document, Shanxi, a major coal and thermal power producer, could reach a total renewable installed capacity of 83 GW by 2025. This would include 50 GW …

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China energy SOEs form 10 billion CNY new energy fund in Inner Mongolia

According to a document released by China Resources Power, a group of national energy SOEs (China Resources Power, SPIC, CGN, China Energy, Datang, Three Gorges, TCL, etc.) and local energy groups in Inner Mongolia have signed a Partnership Fund agreement. The total amount subscribed by the parties to the registered capital of the partnership fund …

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31 Chinese energy actors team up to promote eight major technologies for a new power system

Led by China State Grid Corporation (SGCC), 31 major Chinese energy actors have joined the ‘new power system technology innovation alliance’. These include energy groups such China Three Gorges, SPIC, Goldwind, or BYD, and universities such as Tsinghua or Shanghai Jiaotong University. The main aim of this alliance will be to promote eight major power …

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