ENERGY PROJECT DEVELOPERS

Ulaanbaatar Energy Storage Construction Project
The construction of a 50 MW/200 MWh Battery Storage Power Station on a 5-hectare area built upon the “Baganuur” substation in the Baganuur district of Ulaanbaatar is progressing successfully.On October 5, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai visited the Battery Storage Power Station, a project implemented by the Governor’s Office of Ulaanbaatar as part of the Government of Mongolia’s energy reform. [pdf]

Industrial Park Container Energy Storage Project
With the company’s expanding production scale and increasing requirements for Enterprise Energy Management, the construction of an Industrial Park Energy Storage Solution helps the enterprise achieve Peak Shaving and Valley Filling, reduce electricity costs, and enhance the stability and reliability of power supply, ensuring smooth production.This project adopts Lithium Iron Phosphate (LFP) Batteries, featuring High Energy Density Batteries and Long Cycle Life Batteries, with an installation scale of 875 kW/1827 kWh. [pdf]

Castries and Fengzhongjing Energy Storage Power Station Project
This benchmark project demonstrates Far East's comprehensive strength in the field of energy storage, and after being connected to the grid and put into operation, it will collect local new energy resources through energy storage equipment to reduce peak shaving and valley filling, further increase the proportion of renewable energy consumption in the local area, help maintain the safe and stable operation of the power grid, and promote green and low-carbon economic and social development. [pdf]
FAQS about Castries and Fengzhongjing Energy Storage Power Station Project
Who developed pumped storage power stations in China?
Hubei Energy Group Co., Ltd., Three Gorges Construction Group Before the 14th Five-Year Plan, the development of pumped storage power stations in China was mainly carried out by power grid enterprises, namely State Grid Corporation and China Southern Power Grid Corporation.
Why is Zhejiang's pumped storage power station important?
The pumped storage power station in Zhejiang is not only a major project requiring intensive technology and capital, but also a critical measure in transforming the energy structure and promoting green, low-carbon development, said Zhu Gongshan, chairman of GCL Group.
How pumped storage and new energy storage are developing in central China?
The development of pumped storage and new energy storage in Central China shows a trend of coexistence and complementarity, which is mainly due to the great importance of energy structure optimization and power system regulation capacity in the region.
Are pumped-storage power stations a new investment hotspot in China?
Due to the demand for new energy installations, pumped-storage power stations have become a new investment hotspot in China's power industry. According to official data, by the end of 2024, China's installed pumped-storage capacity had exceeded 58 million kilowatts, with the industry showing an overall positive development trend.
How many pumped storage power stations did China approve?
The country approved 110 pumped storage power stations with a total installed capacity of 148.901 gigawatts, which is 2.8 times the capacity approved during the “13th Five-Year Plan” period. China has completed 70.90 % of the total capacity target of 210 gigawatts for key implementation projects during the “14th Five-Year Plan”.
How to promote the construction of pumped storage power stations?
To promote the construction of pumped storage power stations, it is of great significance for the construction and optimization of modern power systems. 2. Development trends of pumped storage energy in China To effectively support the construction and development of pumped storage power stations, China has issued a series of supporting policies.

Oman Grid Energy Storage Project
On November 25, 2025, a joint venture consisting of China Energy Engineering Corporation International, East China Institute, and Hunan Thermal Power, in collaboration with Masdar OQ、 International energy companies such as Central Korea Power Generation have jointly signed the EPC contract for the Oman Iburi Phase III 700MW photovoltaic+150MWh energy storage power station project. [pdf]
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