Spic pyongyang power plant energy storage

Why is SPIC a major energy company in China?

SPIC is also the central SOE that has earlier energy storage and hydrogen energy investment in China. SPIC independently developed the energy storage brand "Ronghe No. 1", and built energy storage demonstration power station in Zhangjiakou. Hydrogen energy brand “Qingteng” battery has also been brought into the industrialization stage by SPIC.

Can SPIC provide 100 billion kWh of green electricity?

SPIC has also cooperated with more than 100 large companies in clean energy sectors and technologies such as wind and hydropower, nuclear power, fuel cells, hydrogen buses, battery management, and energy. By 2025, SPIC could provide direct supply of 100 billion kWh of green electricity to large users. Energy Transition

Who is SPIC & what does SPIC do?

It has built the “Guohe No.1” brand of independent nuclear power technology in China. SPIC is also the central SOE that has earlier energy storage and hydrogen energy investment in China. SPIC independently developed the energy storage brand "Ronghe No. 1", and built energy storage demonstration power station in Zhangjiakou.

What is SPIC's innovation-oriented energy transition?

SPIC's innovation-oriented energy transition includes an investment model that moves from heavy to light assets; traditional energy to new power, to Power to X and integrations; and from a project portfolio in hydro, thermal, wind, solar, nuclear, gas, biomass to green transportation.

How much power does SPIC group have?

SPIC group has 1.51 billions MW of electricity capacity, with clean energy accounting for 55 %, including photovoltaic power of 19290MW installation, nuclear power of 6980MW, hydropower of 23850MW, wind power of 19330MW and thermal power of 81550MW.

What is the production capacity of SPIC?

The coal production capacity is 81.94 million tons and the aluminum production capacity is 2.48 million tons. The overseas assets are 71.2 billion RMB, covering 64 countries. SPIC is maintaining Class A credits rating by three major international rating agencies. The group has 130,000 employees and 60 tier-2 subsidiary firms.