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INDEPENDENT ENERGY STORAGE PROJECT FUNDING LIST

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]

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]

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]

Madrid Energy Storage Integration Project

MADRID, November 21, 2025 – In a landmark agreement that signals the acceleration of Europe’s energy transition, Envision Energy, a global leader in green technology from China, and GES (Global Energy Services), Spain’s leading renewable energy engineering and service solutions provider, have signed a strategic Framework Agreement to advance the large-scale deployment of Battery Energy Storage Systems (BESS) and Wind Turbine Generators (WTG) across Spain and Europe. [pdf]

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