on April 9, zhonghong puneng and the people’s government of wuxuan county, Laibin city, Guangxi held a grand “signing ceremony for 300MW/600MWh power grid side energy storage project”. Mao Zhengling, deputy magistrate of Wuxuan County People’s Government, leaders of relevant competent departments such as the County Government Office, Investment Promotion Bureau, Development and Reform Bureau, Natural Resources Bureau, Power Grid, Water Investment Group, etc., Wang Bo, Chairman of Zhonghong Puneng, Director and Deputy General Manager Yu Bin, Deputy General Manager Gao Yang and other leaders from both sides attended the meeting, and representatives of local chambers of commerce and outstanding entrepreneurs witnessed the signing.

before signing the contract, zhonghongpuneng and his party, under the guidance of the reception personnel of wuxuan county investment promotion bureau, development and reform bureau and power grid company, on-the-spot investigation was carried out on the project plot of Lang Village, Ertang Town, and the person in charge of the relevant units introduced in detail the construction land and the pre-access substation, laying a solid foundation for the subsequent construction planning of the energy storage power station.

at the signing ceremony, chairman Wang bo of zhonghongpuneng delivered a speech. he first sincerely invited wuxuan county people’s government to visit the headquarters of zhonghongpuneng company for inspection and guidance. In his speech, he stressed that Wuxuan County is a thousand year old county with profound history and culture, with strong industrial foundation, perfect supporting facilities in the park, excellent business policy environment, developed waterway transportation, and great potential for future development. On the basis of the advantages of traditional industries, the full layout of green energy and other emerging industries is an ideal fertile ground for accelerating the investment layout of energy storage projects. Zhonghong Puneng will give full play to the rich experience and advantageous resources accumulated in the field of energy storage over the years, effectively promote the rapid landing of project construction with high standards, high speed and high quality, and fully combine the local history, humanities and industrial economy of Wuxuan County to create a characteristic energy storage model project integrating safety, economy and intelligence.
Mao Zhengling, deputy head of the people’s Government of Wuxuan County, highly agreed with this. He pointed out that Wuxuan County is located in the central part of Guangxi and has an advantageous geographical location. As a pilot county for new urbanization, it has strong development vitality and investment potential. During the Tenth Five-Year Plan period, Wuxuan County will focus on building a leading industrial cluster with a complete chain, accelerate the pace of new industrialization, and promote the development of new energy and other emerging industries. The 300MW/600MWh power grid-side energy storage project signed with Zhonghong Puneng this time is an important starting point for Wuxuan County to promote the optimization of energy structure and build a new power system. The county government will do its best to ensure service and create the best environment for the project to land. It is expected that both sides will work closely together to promote the project to blossom and bear fruit as soon as possible.
Subsequently, under the witness of the on-site participants, the representatives of both parties formally signed the project investment agreement. According to the agreement, the total investment of the project is about 1.18 billion yuan. After it is put into operation, it will effectively improve the peak shaving capacity of the regional power grid and the level of clean energy consumption, and inject new impetus into the local economic development and energy structure transformation.

both sides agreed that they would take this signing as an opportunity to work together to tackle the difficulties, we will jointly promote the early start, early construction and early commissioning of the project, make every effort to build a demonstration model of energy storage on the power grid side, enable the efficient use of green energy with energy storage technology, drive the development of regional new energy industry, and jointly draw a new blueprint for high-quality energy development, so as to provide strong momentum for Guangxi’s “double carbon” goal and high-quality economic and social development.


