Independent shared energy storage epc bid winner

How did EPC bidding affect large-scale projects?

Large-scale projects, particularly those exceeding 500 MWh and even GWh-level, saw a significant increase in EPC bidding announcements. State Power Investment Corporation (SPIC) led with a bidding volume exceeding 7 GWh. Energy storage system bid prices hit a record low

How did EPC bidding perform in Q3?

In the first three quarters of 2024, the bidding volumes for battery systems, energy storage systems, and EPC projects all exceeded the same period of 2023 in terms of energy capacity. Among these, EPC bidding reached its highest-ever quarterly volume in Q3, approaching 50 GWh.

What are the EPC bidding results for NR electric project?

In May 2020, the project EPC bidding results were revealed. NR Electric Co., Ltd. was awarded the phase one project with a bid of 52,794,970 RMB, and additionally awarded the phase two project with a 19,794,775 RMB bid.

Did EPC bidding reach its highest-ever quarterly volume in Q3?

Among these, EPC bidding reached its highest-ever quarterly volume in Q3, approaching 50 GWh. Large-scale projects, particularly those exceeding 500 MWh and even GWh-level, saw a significant increase in EPC bidding announcements. State Power Investment Corporation (SPIC) led with a bidding volume exceeding 7 GWh.

Who won SECI's first pilot tender for standalone battery storage?

JSW Group won SECI’s first pilot tender for standalone battery storage, splitting the 1,000MWh capacity across two equally sized 250MW/500MWh projects, as reported by this site in January 2023. This is thought to be the project that Sterling & Wilson referred to.

How much is the EPC contract worth?

According to Sterling & Wilson, the total value of the two contracts is around IR3.28 billion (US$39.16 million). The EPC contractor said both project orders came from the same client, but did not name it.