The latest winning bid information for energy storage inverters

Which solar company won a bid for 100 mw & 500 MW?

Pace won 100 MW with a bid of Rs. 3.41 per unit, JSW Neo Energy won 500 MW with a bid of Rs. 3.42, followed by Acme Solar with a 350 MW win, and Hero Solar with 250 MW, also at Rs. 3.42. For JSW Energy, the win added significantly to their green storage portfolio.

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 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.

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.