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Toward energy storage applications! EVE and GEM signed a contract for energy storage project

On the morning of August 14, the signing ceremony for the 60.2MW/120.4MWh energy storage project between EVE and GEM was held in Jingmen High Tech Zone, Duodao District, Hubei Province, marking the official blowing of EVE towards the application of energy storage.

The energy storage project, which is a collaboration between EVE Energy and Jingmen GEM New Materials, is located in Jingmen New Energy Materials Circular Economy Low Carbon Park. The project adopts LFP batteries produced by EVE Energy Jingmen Factory, with an installed capacity of 60.2MW/120.4MWh, and is scheduled to be officially put into operation in the second half of 2024. Upon completion, the project will become the largest industrial and commercial energy storage project in Hubei Province.

The project has the functional value of power peaking, peak shaving and valley filling, demand side response, demand management, etc., which will effectively enhance the flexibility of power grid operation while realizing cost reduction and efficiency increase for the user-side enterprises, and will also play a positive role in the aspects of power security and new energy consumption.

Source: https://news.bjx.com.cn/html/20240815/1395077.shtml

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