[Gansu Gaotai large-scale independent energy storage project enters critical stage] The 300MW/1200MWh grid type independent shared energy storage project in the northern part of Gaotai, Gansu is currently undergoing electrical equipment installation. The project is invested 1.32 billion yuan by Huaneng Jinshun Private Equity Fund Management Co., Ltd. and covers an area of 120 acres. The main construction content includes a 300MW/1200MWh energy storage power station, installation of 240 sets of lithium iron phosphate battery containers, and construction of a new 330kV booster station. At present, the main components such as the battery compartment and booster station have been completed, and the project has entered a critical stage.Editor/Yang Meiling

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• 2026.03.10 11:51
• [CPCC Energy and Power signed new contracts worth nearly 60 billion yuan]
• China Power Construction Corporation recently released an announcement on its main business operations for January 2026. According to the data, the company signed a total of 661 new projects in January 2026, with a total contract amount of 89.436 billion yuan. Among them, the energy and power business sector has performed outstandingly, with 428 newly signed projects and a total of 59.324 billion yuan in newly signed contracts. According to the announcement, the scope of energy and power business is extensive, covering hydropower, wind power, solar power generation, thermal power, new energy storage, nuclear power, power grid, as well as various types such as hydrogen energy, geothermal energy, ocean energy, biomass energy, etc.Editor/Yang Meiling

• 2026.03.10 11:50
• [Qinghai introduces new policies to support independent bidding for solar thermal projects]
• In order to promote the large-scale development of solar thermal power generation, the People's Government of Qinghai Province recently issued the "Several Measures for Promoting the Scale Development of Solar Thermal Power Generation in Qinghai Province". The document proposes to support incremental independent solar thermal projects included in the development and construction plan to independently conduct mechanism electricity price bidding one year before the prescribed completion deadline. The policy will comprehensively consider factors such as the comprehensive income of enterprises and the value of green electricity to set a reasonable upper limit for bidding, and set a lower limit for bidding based on the principle of not being lower than the project cost, with a starting lower limit of 0.55 yuan/kWh. The lower limit will moderately decrease year by year, with the goal of achieving comparable prices to coal-fired power by 2030.Editor/Yang Meiling