Risen Energy, Sineng Electric, Weichu Energy, Tesla and other energy storage enterprises are competing fiercely in the global energy storage market, with application scenarios covering utility-scale energy storage, commercial & industrial energy storage, etc. In addition, the overseas expansion of Chinese enterprises such as Risen Energy and Sineng Electric has been further accelerated.
Risen Energy Secures 100 MWh Energy Storage Orders from Two Companies
Recently, Risen Energy has respectively reached annual strategic cooperation agreements on energy storage projects with two channel partners, namely Shandong Tingshan Energy Technology Co., Ltd. and Shandong Haihe New Energy Technology Co., Ltd., with a total scale of 100 MWh.
Among them, Tingshan Energy adopts the model of "independent investment in the early stage, combined with financial solutions in the later stage", and plans to jointly promote the application and implementation of 50 MWh energy storage systems with Risen Energy within the cooperation year, covering utility-scale energy storage, commercial & industrial energy storage and residential energy storage projects.
Haihe New Energy focuses on the project engineering field. The two parties have also reached a cooperation scale of 50 MWh energy storage equipment. On the basis of consolidating the domestic market, they plan to actively expand to the Southeast Asian market and jointly develop overseas energy storage projects.
Sineng Electric to Supply 576 MW Energy Storage Converters for India’s Largest Energy Storage Power Station
Recently, Sineng Electric delivered 576 MW energy storage converters to the Khavda Energy Base in India, marking a major breakthrough for Sineng Electric in the Indian energy storage market.
It is reported that the energy storage power station is developed by the ADANI Group and adopts centralized energy storage converters provided by Sineng Electric. Upon completion, it will have a total capacity of 1,126 MW/3,530 MWh, making it the largest energy storage power station in India and one of the largest single-unit energy storage power stations in the world.
Weichu Energy Signs 100 MWh Cooperation Agreement with Wanjin Energy Storage
On December 17, Weichu Energy, a subsidiary of Jiashuo Group, formally signed a 100 MWh energy storage project/equipment strategic cooperation agreement with Wanjin Energy Storage.
According to the agreement, Wanjin Energy Storage will supply energy storage system products to Weichu Energy, and affix the "Weichu Energy" brand logo on the energy storage cabinets, achieving in-depth binding from product supply to brand synergy.
During the signing process, the two parties also conducted in-depth discussions on key issues such as the policy orientation of the energy storage industry, the trend of technological innovation, the market competition pattern and the development of overseas markets, and reached a number of consensus.
Tesla to Supply 1.4 GWh Energy Storage Products for the Largest Energy Storage Power Station Project in the Netherlands
On December 15, SPIE, a European engineering and energy service enterprise, announced that it has signed a formal three-year agreement with Tesla with a renewal option. The agreement clarifies the legal and operational rules for SPIE to use Tesla Megapack energy storage products in its battery energy storage projects.
SPIE and Tesla will jointly develop a series of battery energy storage projects in Europe, among which several projects have been launched.
At present, SPIE and Tesla are jointly developing the Mufasa battery energy storage project in the Netherlands, which has a capacity of 1.4 GWh and is equipped with 372 Tesla Megapack energy storage units. SPIE is responsible for the engineering design and construction execution of the project, and stated that upon completion, the project will become the largest battery energy storage power station in the Netherlands.
In addition, the two companies are also cooperating to promote battery energy storage projects of 100 MW/200 MWh in France and 50 MW/200 MWh in Belgium, among which the Belgian project adopts 53 Tesla Megapack energy storage units.
Source：EnergyTrend