Recently, two battery cell projects with a combined investment exceeding 4.1 billion yuan have seen new developments. From the signing of sodium battery material and cell projects to the accelerated advancement of large-scale vanadium flow battery storage initiatives, sodium batteries and novel energy storage technologies are emerging as key focus areas for capital and corporate investments.
3.2 Billion Yuan: Sodium Electrode Material and 6GWh Cell Project Signed
According to “Pingshan Release,” on November 11, Pingshan County and Tongxing Environmental Protection Technology Co., Ltd. formally signed a cooperation framework agreement for a project with an annual production capacity of 100,000 tons of sodium-ion battery cathode materials and 6GWh battery cells.
On the same day, Tongxing Technology announced that the project's total planned investment amounts to approximately RMB 3.2 billion. This includes RMB 2 billion for the 100,000-ton sodium-ion battery cathode material project and RMB 1.2 billion for the 6GWh battery cell project.
Additionally, the project occupies a total planned land area of approximately 380 mu (about 25 hectares). Upon full production capacity, it is projected to generate an annual output value of RMB 4.8 billion and create over 300 new jobs.
500MW All-Vanadium Flow Energy Storage Project Accelerates
On November 7th, Dingbian County held its monthly key work on-site promotion meeting, during which the construction of the China Sodium Energy 500MW All-Vanadium Flow Battery Energy Storage Project was marked for accelerated progress.
The project, which is part of the Dingbian Zero-Carbon Industrial Park, is designed to fully realize the potential of All-Vanadium Flow Battery (VFB) storage technology, enabling high-efficiency storage and intelligent dispatch for 500MW of electric power. Furthermore, the industrial park will serve as a hub to connect the supply chain, extend the industrial chain, and enhance the value chain, thereby promoting the coordinated development of upstream and downstream industries.
The project is projected to involve a total investment of 970 million yuan, covering a total area of approximately 38 mu. It plans to establish an annual production line for 500MW vanadium flow batteries and a supporting annual production line for 5,000 tons of PPH storage tanks, thereby building a complete industrial closed-loop from key materials to system integration.
Upon completion, the project is projected to generate an annual output value of 1.775 billion yuan and will be capable of integrating 120 million kilowatt-hours of clean energy, including wind power and photovoltaic power, each year.
Source：EnergyTrend