Nandu Power Supply won the bid for an energy storage project of about 1.610 billion yuan

A few days ago, Nandu Power received the notice of winning the bid, confirming that the company is the first successful bidder of the centralized bidding project for lithium iron phosphate battery (version 4.0) products of China Tower 2023-2024, with a winning share of 40% and a winning amount (including tax) of about 1.610 billion yuan. The successful bidding of this

project is the result of the company's accumulation of advantages in the field of energy storage for many years. Since 2023, Nandu Power has won the bid and signed energy storage projects totaling about 5.5G Wh.

Nandu Power Supply and China Tower have cooperated in the field of industrial energy storage for many years. With the implementation of the new national standard for electric vehicles and the goal of "carbon peak, carbon neutralization", China Tower has launched the power exchange business since 2019.

Nandu Power Supply will combine the actual needs of China's iron tower business extension to provide a self-developed bicycle lithium battery pack for the power exchange business, which is specially used in the charging and switching system. With the "retirement" of the power exchange battery, Nandu Power Supply will also assume the main responsibility of battery recycling.

In the future, Nandu Power will continue to join hands with China Tower and other energy storage industry ecosphere partners to build a comprehensive and deepening cooperation platform, achieve all-round strategic cooperation, give full play to their respective business, resources and other advantages, and achieve mutual benefit and win-win situation.