Power Sector Updates

Polar Star Power Network serves as a portal for the power industry, offering insights into policies, bidding projects, technical data reports, market interviews, and more.

Recent Developments

• State Grid Corporation has initiated construction on the 1000 kV Ultra High Voltage AC Project from Datong to Huailai to Tianjin.
• The 2024 China Green Power Certificate Development Report has been released.
• The National Energy Administration is deeply planning for the “14th Five-Year Plan” for energy development.

Upcoming Bids

• Guangdong Power Grid Company has announced a framework tender for independent five-prevention systems for substations set for 2025.
• A framework tender for 35kV fixed high-voltage switchgear has also been issued by Guangdong Power Grid Company.

Exciting Projects

• Ruihe New Energy is inviting bids for a 15MW/30MWh network-based energy storage system at a price of 0.8 yuan/Wh.
• China Energy Construction has signed a contract for the survey and design of the Baise Pumped Storage Power Station.
• In Wuhu, Anhui, there is ongoing competitive bidding for the second phase of a 5.64MWh distributed energy storage project.

Financing and Agreements

• Zenobē has secured financing for the largest battery storage project in Europe.
• Xiangtou New Energy has signed contracts for a 6.5GW wind-solar project paired with 200 charging and battery swap stations equipped with smart microgrids.
• A tender for an EPC project has been issued for a 130MW/260MWh network-type shared energy storage station in Changli, Hebei at a cost of 1.538 yuan/Wh.

Industry Collaboration

CITIC Environment and High Energy Environment held a discussion to exchange ideas and insights.