ENERGY STORAGE PROJECT DEVELOPMENT

Grid-side independent energy storage project
This project marks the first 220kV voltage level new energy storage power station in Foshan Power Grid, with a construction scale of 208MW/416MWh. 9 sets of Zhiguang Electric's independently developed and technically leading High-Voltage Cascade Direct-Mounted Energy Storage Systems will be deployed, configured with full liquid-cooling technology, and the whole energy storage power station adopts Zhiguang Electric's “5S” full-stack technology to realize the whole life cycle management, monitoring and control of the energy storage system.After the project is completed and put into operation, it will provide auxiliary services such as frequency regulation and peak shifting for the power grid, effectively enhance the power supply reliability of the Foshan regional power system, promote new energy consumption, and play an important role in promoting the development of Guangdong's new electric power system, and the project is expected to be completed and put into operation in June 2025. [pdf]

Tunisia energy storage project deployment accelerates
This five-year program of US$430 million — including US$30 million in concessional financing from the Climate Investment Funds — aims to support the Government of Tunisia to deliver a sustainable, reliable, and affordable electricity supply by accelerating renewable energy deployment, strengthening the performance of the national electricity utility (STEG), and enhancing overall sector governance. [pdf]

Athens Energy Storage Base Project
ELSEWEDY ELECTRIC secures Greece’s first large-scale battery energy storage project ● First standalone large-scale battery energy storage project in Greece to reach financial close, with a capacity of 50MW/100MWh. ● Omar Foda: This project represents a significant step forward for ELSEWEDY ELECTRIC as we grow our renewable energy portfolio and assist Greece in its pursuit of a sustainable energy future. [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.
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