Construction started for 605 MW/1410 MWh battery complex in Inner Mongolia
Inner Mongolia Energy Group Co., Ltd. has begun construction work on the 605 MW/1410 MWh Dengkou Renewable Energy Storage Project in Wenduermaodao Gacha, Sajintaohai Sumu, Dengkou County, Bayannur City, Inner Mongolia Autonomous Region.
This project, with a total investment of CNY 2.137 billion (US$ 301 million), involves the construction of a 605 MW/1410 MWh energy storage station, utilizing a combined system of vanadium flow battery and electrochemical storage. This will be the largest single-capacity energy storage station under construction in China. It will play a crucial role in addressing renewable energy consumption, enhancing the flexibility of the power system, and improving the safety and stability of the grid.
The Project is being built by local contractor Mengneng Group and developed by the Inner Mongolia Energy Group, an investment company that specializes in electrical projects. Work on this project is due to begin in September 2024. When complete, it will supply largely green energy to the Beijing–Tianjin–Hebei cluster.
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February 24, 2023
Sinopec launches USD828 million wind-solar green hydrogen project in Mongolia
China Petroleum & Chemical Corporation (Sinopec) has launched its first hydrogen demonstration project in Inner Mongolia, called the Inner Mongolia Erdos Wind-Solar Green Hydrogen Project.
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January 05, 2023
Construction begins for 16 GW Solar plus storage project in Mongolia
Three Gorges New Energy has started the construction on a 16 GW solar-plus-storage project in Inner Mongolia's Kubuqi Desert.
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May 10, 2018
EBRD to finance largest solar project in Mongolia
United Green Group (UGG) and Tucher Group GmbH have secured a US$31.6 million syndicated loan from the European Bank for Reconstruction and Development (EBRD), Triodos Investment Management and FMO for the construction of the largest solar plant in Mongolia.
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September 06, 2017
MPC Capital secures financial closure for windpark in Mongolia
MPC Renewable Energies, a subsidiary of international investment manager MPC Capital AG, along with the project developer Ferrostaal, the Danish Climate Investment Fund (DCIF) and other project partners, has achieved financial closing for the Sainshand 55 MW onshore windpark in Mongolia, for US$120 million.
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August 29, 2017
Engie secures US$120 M financing for 55 MW Sainshand wind farm in Mongolia
The 55-MW Sainshand wind farm in Mongolia, the third privately financed wind farm in the country, will receive a US$ 120 million project financing package from a group of international investors and financiers.
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