Energy storage

In 2022, Zhejiang will start the construction of 1GW of energy storage projects and 4GW wind and solar projects

Zhejiang’s government recently released its work report for 2022. This year, Zhejiang ambitions to start the construction of 7 GW of ‘clean thermal power’ and 1 GW of new energy storage projects, while adding more than 4 GW of wind and solar installed capacity, and actively promote the construction of pumped storage power stations. (Zhejiang …

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Shanghai to promote “solar, storage, DC, and flexibility” in public institutional buildings

The Shanghai government recently launched the ‘Action Plan for Green, Low-Carbon and Circular Development of Shanghai Public Institutions’. The plan suggests to explore: the integration of solar power generation, energy storage, DC power distribution, and flexible power consumption for public institutional buildings; the application of renewable energy hot water systems such as solar energy and …

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China energy storage average costs fall under 1.5 CNY/Wh as project tenders multiply

According to the latest statistics for the year 2021, the energy storage industry issued a total of 266 tenders, with a total scale of over 8GW/18GWh, including 61 energy storage EPC tenders. The Three Gorges Ulanqab EPC Demonstration Project, with a capacity of 550MW/1100MWh, was the largest project of the year. For tenders of large …

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New energy represents more than 60% of Qinghai province’s installed capacity

As of the end of November 2021, Qinghai Province’s installed capacity reached 40.7 GW, including 24.8 GW of new energy capacity, or 61.1% of the total capacity. Qinghai Power Grid has become the provincial power grid with the highest proportion of new energy capacity in China. In the first 11 months of 2021, the province’s …

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