On September 21, F + EPC, a 200 MW/800 MWh independent shared energy storage project in Xiji County, Ningxia, issued a tender correction announcement, which was changed from a self-financing source of 900 million yuan to 600 million yuan. The unit price dropped from 1.13 yuan/Wh to 0.75 yuan/Wh, with a price reduction of more than 33.6%.
The tenderer is Xiji County Green Storage Energy Co., Ltd. which is a wholly-owned subsidiary of Ningxia Baichuan Electric Power. The
scale of the project is 200 MW/800 MWh, equipped with lithium iron phosphate electrochemical energy storage supporting peak shaving and frequency modulation measures. A 110kV booster station is built in the energy storage power station , and a 110kV overhead line is connected to the 220kV substation of Xiaohe. Consortium bidding is accepted
in this tender.
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