The total investment is 2 billion! 1GW energy storage project landed in Jiangsu

2023-12-22 09:09:08

With a total investment of about 2 billion yuan, the signing ceremony of the "1GW Energy Storage Power Station" project was successfully held.

On December 11, Huishan Economic Development Zone of Wuxi City, Jiangsu Province and SINOMACH Machinery Industry Survey and Design Institute Co., Ltd. (SINOMACH Machinery Survey Institute) successfully held the signing ceremony of "1GW Energy Storage Power Station" project investment.

The State Machinery Group Machinery Exploration Institute intends to build a 1GW capacity energy storage power station demonstration project in Huishan Jingkai District, with a total investment of about 2 billion yuan and a registered capital of 600 million yuan.

The project adopts the operation mode of "integration of source, network, load and storage". Through the overall solution and technology of power supply, power grid and load energy storage, it effectively improves the utilization rate of power resources in the jurisdiction and reduces the cost of power consumption in key enterprises, which is an important development path for building a new power system.

The project is led by Yingda Fund in cooperation with SINOMACH. SINOMACH was established in September 1952 and is affiliated to China National Machinery Industry Corporation (SINOMACH), a large central enterprise and one of the world's top 500 companies. SINOMACH has evolved from more than 70 scientific research and design institutes, equipment manufacturing and industrial and trade enterprises of the former Ministry of Machinery Industry. It has 29 secondary enterprises, more than 120,000 employees and 13 listed companies, ranking first among the top 100 in China's machinery industry for many years. This investment is located in Huishan Economic Development Zone of Wuxi City, where many energy storage enterprises such as Jingao Weilan and Shangneng Electric have settled down.

All can be viewed after purchase
Correlation

According to data released by the National Bureau of Statistics on September 15, industrial added value above the scale increased by 5.2% in August 2026, 0.7 percentage points faster than last month. Among them, the output of photovoltaic cells in August was 67.02 million kilowatts, down 12.9% year-on-year; the output of photovoltaic cells from January to August this year was 505.9 million kilowatts, down 14.6% year-on-year.

2026-09-15 10:37:36

When will spring come? In the long and silent winter, we can only work hard to manage the enterprise and replace the answer with practical work. But this silence has been broken recently.

2026-09-14 17:50:10

One has been established for five years and one for 17 years.

2026-09-07 09:17:48

What is happening in the cement industry?

2026-09-06 07:02:03

Some second and third-tier enterprises have taken the lead in reducing prices slightly.

2026-09-04 16:36:43

Domestic concrete price statistics in August showed that the national concrete price fell by 1.16% annually and 6.51% year-on-year. Prices in most areas have changed to varying degrees. On a month-on-month basis, prices in some regions changed significantly, such as Shanghai and Sichuan, where the decline was relatively large, while prices in Beijing, Shanxi and Inner Mongolia remained unchanged on a month-on-month basis. On a year-on-year basis, the decline in Jilin is relatively prominent, while Shanxi has a small increase over the same period. Overall, the domestic concrete price showed a certain fluctuation trend in August.

2026-09-01 11:18:22

The proportion of photovoltaic power generation in the electricity consumption of the whole society has reached 13%, and more than one kilowatt-hour of electricity used in the whole country comes from photovoltaic power.

2026-09-01 11:12:19

For the first time, the installed capacity of photovoltaic power generation exceeded that of coal-fired power generation, making it the largest power supply category in China.

2026-09-01 10:48:28

Nandian (Chengmai) New Energy Technology Co., Ltd. is not the first time to be listed for transfer. According to the tracking of the Digital New Energy DataBM. Com, the target was listed on the Beijing Property Exchange on July 21, 2026, and the transfer base price at that time was 86.45 million yuan.

2026-08-26 11:36:03

From January to July this year, the newly installed photovoltaic capacity in China was 86.15GW, down 61.41% from the same period last year.

2026-08-25 11:39:44

Dongfang Tiansuan signed a cooperation agreement with the State Inspection Group, and the two sides will jointly build a "Space Photovoltaic Joint Laboratory" to carry out joint research on space photovoltaic materials, satellite-borne photovoltaic cells/components, space environment reliability, testing methods, standard system and on-orbit verification.

2026-08-22 16:19:40

The shortage of transformers is becoming the hidden ceiling of new energy grid connection. For the photovoltaic industry, the lag of grid infrastructure has been the biggest obstacle to consumption; when the grid investment is really accelerated, the grid-connected space of new energy such as photovoltaic will also be opened.

2026-08-21 13:07:15

In the third quarter, the grid-connected capacity of distributed photovoltaic in all counties (cities and districts) of Guangdong Province was 24.210 GW.

2026-08-20 13:05:01

Seven manufacturers, including Jingke Energy, Trina Solar Energy, Jingao Technology, Atlas, Dongfang Risheng, Yingli Energy and Runma Solar Energy, raised their component quotations by 0.01-0.03 yuan/W.

2026-08-12 17:50:55

On July 29, Longji Green Energy released the pre-approval announcement of the environmental impact assessment of the new crystalline silicon-perovskite tandem solar cell technology and equipment industrialization project and the new high-efficiency back contact (BC) cell technology and equipment project of Xixian New Area Branch.

2026-08-12 16:36:35

It is worth noting that the meeting not only formed a consensus on self-discipline among enterprises, but also put forward a series of supporting disciplinary measures and suggestions:

2026-08-07 14:24:19

On July 30, the Hunan Development and Reform Commission held the second comprehensive roadshow of major projects in the province in 2026. Among them, Yanhe Intelligent Perovskite New Material Production Line Project was unveiled.

2026-08-06 09:07:52

Recently, China Chemical Engineering Donghua Company and Hubei Huiyang New Materials Co., Ltd. formally signed a design contract for 3 million tons/year phosphogypsum sulphuric acid co-production cement clinker project. The signing of the contract marks the further deepening of cooperation between the two sides in the field of phosphogypsum resource utilization, and injects new impetus into the green and low-carbon development of the phosphorus chemical industry. Meng Chenzhou, Deputy Secretary of the Party Committee and General Manager of Donghua Company, and Xu Jinchong, Chairman of Hubei Huiyang New Materials Co., Ltd., jointly attended the signing ceremony and signed the contract on behalf of the enterprise. The two sides had in-depth exchanges on project promotion, technology research and development, and follow-up deepening cooperation.