Procurement of energy storage inverters for the state grid

What is the largest energy storage procurement in China's history?

The tender marks the largest energy storage procurement in China’s history. In what is described as the largest energy storage procurement in China’s history, Power Construction Corporation of China (PowerChina) is targeting an unprecedented cumulative storage capacity of 16 GWh. The bids were opened on December 4.

What is powerchina's storage initiative?

This storage initiative is part of PowerChina’s broader equipment procurement plan announced on November 13, which also includes 51 GW of solar modules, 51 GW of inverters, 25 GW of wind turbines, and 15,240 prefabricated 35kV substations.

How much does energy storage cost in China?

In what is described as the largest energy storage procurement in China’s history, Power Construction Corporation of China (PowerChina) is targeting an unprecedented cumulative storage capacity of 16 GWh. The bids were opened on December 4. The tender attracted 76 bidders, with quoted prices ranging from $60.5/kWh to $82/kWh, averaging $66.3/kWh.

What happens if a supplier is shortlisted for energy storage system equipment?

In the future, as specific projects are implemented and procurement needs clarified, the shortlisted suppliers will be directly invited to engage in secondary competition, either through negotiated procurement or competitive bidding, to determine the final supplier for the required energy storage system equipment.

Are application-specific battery energy storage systems a cost-effective procurement strategy?

Furthermore, the increasing adoption of application-specific battery energy storage systems (BESS) alongside utility-scale PV installations underscores the need for intelligent and cost-effective procurement strategies.

How important is a PV inverter?

(Photo Credit: TaiyangNews) The PV inverter accounts for a small portion of the total cost of a utility-scale PV plant, but its role as the system's engine and critical component second only to the PV modules necessitates thoughtful and strategic procurement to ensure long-term reliability and stability.