Recently, Yajiang (Qiongjie) New Energy Co., Ltd. was registered in Qiongjie County, the Shannan Prefecture of Lhasa City of Xizang, with a registered capital of 100 million yuan. The company is wholly owned by China Yajiang Group New Energy Co., Ltd., both of which belong to China Yajiang Group, a central enterprise.
Its business scope covers solar energy, wind power, energy storage and power generation technology services, as well as hydropower, power generation business and other licensed projects. The establishment of the
new company corresponds to a grid-side independent energy storage project in Qiongjie County. On July 31 this year, the Energy Bureau of the Shannan Prefecture of Lhasa City announced the results of the selection of the main body of the development of the 100 MW/400 MW grid-side independent energy storage project, with Yajiang New Energy as the first candidate and Qiongjie County as the construction site.
The project will build a new 100 MW/400 MWh electrochemical energy storage power station, supporting booster stations and transmission lines, with an energy storage time of 4 hours.
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