Zhongchu Guoneng Technology Co., Ltd. (ZCGN) has finished constructing a 300 MW compressed air energy storage (CAES) facility in Feicheng, located in China's Shandong province.
This innovative system incorporates a multi-stage wide-load compressor, high-load turbine expander, high-efficiency supercritical heat exchanger technology, and integrated control technology. The primary purpose of this facility is to provide crucial power regulation functions to the Shandong provincial power grid. These include peak shaving, frequency stabilization, phase shifting, and standby power.
With a total investment of $207.8 million, the facility covers an area of approximately 100,000 m2 and boasts an impressive energy storage capacity of 300 MW/1,800 MWh. During periods of peak consumption, it can reliably provide continuous power discharge for up to six hours to support the electricity needs of 200,000 to 300,000 local homes. Moreover, this CAES facility is estimated to generate around 600 TWh of electricity annually and is expected to save approximately 189,000 tons of standard coal consumption while reducing carbon dioxide emissions by about 490,000 tons per year.
Sembcorp Industries has inked two separate agreements to acquire 428 MW of wind assets in China and India for a total consideration of US$200 million. Sembcorp Energy (Shanghai) Holding, a wholly-own...
Read moreState Grid Corporation has commissioned a 1.2 GW Fukang pumped-storage power station in the northwest Xinjiang region, China. The facility incorporates three 300 MW turbines with a cumulative ca...
Read moreNHOA Energy has successfully commissioned a 107MWh energy storage project for Taiwan Cement Group (TCC Group) located within the Yingde Plant in Guangdong province, China. The battery storage initiat...
Read moreEnergy Vault Holdings, Inc. has announced the commencement of the commissioning process for the world's first grid-scale EVx™ gravity energy storage system (GESS) located near Shanghai in Rudong...
Read moreTrina Solar has forged a framework agreement with Aquila Clean Energy EMEA which involves the supply of 800 MW of photovoltaic modules for a portion of Aquila Clean Energy's portfolio in Southern Euro...
Read more