On September 1, 2022, the 2022 Jinxiang · Yangtze River Delta Region Double Recruitment, Double Introduction and Economic Cooperation Promotion Conference was held in Nanjing, Jiangsu. The signing of the shared energy storage project between Jiangsu Green Electric Power Technology Co., Ltd., a wholly-owned subsidiary of the Holding Company, and Mamiao Town, Jinxiang County, Jining, Shandong Province was completed.
Sun Ying, Deputy Secretary of Jinxiang County Party Committee and County Chief of Jinxiang County Government, delivered a speech
Mamiao Town adheres to the implementation of the new development concept and the new energy security strategy, and has successively attracted two "Top 500" new energy projects, namely, Huaneng 100MW Agriculture Optics Complementary Project and the Three Gorges Low Carbon Integrated Smart Industrial Park. It has been selected into the first batch of green energy development benchmark towns and villages in Shandong Province. Mamiao Town has firmly anchored the strategic development goal of "low carbon town and green energy town", bravely spearheaded the strategy of "carbon peaking and carbon neutralization", creating good grid conditions for the construction of new energy bases and power consumption.
Mayor of Mamiao Town Zhang Yongliang signing project contract with Gu Guohua, Vice General Manager of the Holding Company
The energy storage business of the Holding Company covers independent energy storage power plants, user energy storage systems, system integration of new energy power plants, research and development and manufacturing of supporting products, etc. The Company systematically laid out its energy system, accelerated the development of "integration of source, grid, load and storage", effectively solved the outstanding "pain points" in the development of new energy, traditional energy, energy storage and other industries, and accelerated the construction of a new green power system.
The project in Mamiao Town, with a total investment of about 1.02 billion yuan and an area of about 2 hectares, will build a shared energy storage power station of 150MW/300MWh. After the project is completed, it can efficiently provide peak shaving resources or participate in auxiliary services of the power grid. The project adopts the business model of "shared energy storage". With the grid as the link, the independent and decentralized energy storage power station resources at the grid side, power supply side and user side are optimally allocated throughout the network, and handed over to the grid for unified coordination to promote the full release of energy storage capacity at all ends of the grid. It is conducive to promoting the consumption of new energy power and improving the profitability of the project.
