By ESS news
Chinese independent power producer CGN New Energy has announced the results of its 2025 tender for lithium iron phosphate (LFP) energy storage systems, which will be installed alongside solar and wind power plants and standalone facilities.
CGN New Energy published the tender notice at the end of November 2024 and announced the winning bidders this week. The tender was divided into seven lots, each with a size of 1.5 GWh. Plots one through three were grid-forming systems totaling 4.5 GWh, while plots four through seven were grid-following systems totaling 6 GWh.
Haibosichuang, Nanrui Relay Protection and CRRC Zhuzhou Institute were shortlisted and pre-winning bids for Lots 1-3 at CNY 0.533/Wh, CNY 0.558/Wh and CNY 0.519/Wh respectively.
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