Inner Mongolia, China
Image: Svdmole, Wikimedia Commons, CC BY-SA 3.0
Inner Mongolia has started construction of its first ultra-high-voltage transmission energy base with a capacity of more than 16 GW. Located in the central-northern part of the Kubuqi Desert, the project represents a total investment of CNY 98.8 billion (USD 13.59 billion). It will include 8 GW of solar, 4 GW of wind, 4 GW of supporting coal-fired capacity and 5 GWh of new energy storage. A dedicated ±800 kV UHV transmission line with a length of 699 km will be built to supply power to Cangzhou in Hebei Province, with a transmission capacity of 8 GW. The project is expected to be completed and operational by the end of 2027. Once in use, it will transport approximately 36 TWh of electricity annually to the North China grid in the Beijing-Tianjin-Hebei region, of which renewable energy sources will account for 60 percent. The project is estimated to reduce standard coal consumption by approximately 6.4 million tons per year and reduce CO2 emissions by 16 million tons annually.
Trina Storage recently announced the signing of a strategic Memorandum of Understanding (MoU) with Japan’s Yuasa Shoji Co. for large-scale cooperation in the field of energy storage. Under the agreement, the two parties will jointly supply a total of 500 MWh of large-scale energy storage systems to the Japanese market from 2025. Trina said the partnership will accelerate business expansion in Japan, leveraging its technological expertise and integration capabilities across the entire value chain – from battery cells and battery energy storage systems (BESS) to AC side solutions – while ensuring high standards in safety, reliability and cost-efficiency.
Xiamen Hithium Energy Storage may resume its IPO in Hong Kong within the next three months, after its previous filing expired earlier this year. The company said its March IPO application expired at the end of September because the process was not completed within six months – a common occurrence among first-time applicants and not so much a sign of failure. Sources told Chinese media that HiTHIUM plans to restart its listing in Hong Kong by the end of this year to raise funds for its global expansion and accelerate the growth of its energy storage systems business.
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