Jetion Solar Signs EPC Intention Agreement with Dynavolt Tech for the China’s Largest Solar Energy Storage Project
April 25, 2019, Jetion Solar (China) Co., Ltd. (Jetion Solar), one of the world’s renowned solar module manufacturers, today announced that its subsidiary CNBM New Energy Engineering Co., Ltd. (CNBM New Energy) has signed an intention agreement with Guangdong Dynavolt Tech New Energy Co., Ltd. (Dynavolt Tech) Xizang Dynavolt Fengguyuan Solar Technology Co., Ltd. (Xizang Dynavolt Fengguyuan) to provide EPC service to 40 MW solar energy storage project in Tibet.
According to the cooperation intention agreement, CNBM New Energy plans to provide EPC services for the 40 MW grid-connected solar energy storage integrated project of Mengba County, Tibet, and the construction of 40MW photovoltaic project plus 205MWh energy storage project. A formal cooperation agreement will be agreed upon and signed by both parties. It is worth pointing out that as a large state-owned central enterprise in China, China National Building Materials Group has always paid attention to and supported the country's poverty alleviation. The 40MW grid-connected optical storage project is a gift of the 70th anniversary of China Building Materials New Energy Project and the 60th anniversary of Tibet's democratic reform. It is of great significance. After the project is completed, it will become the largest optical storage integrated project in China. It has great demonstration significance for peak shaving, frequency modulation and dispatching of the Tibet power grid, and also paves the way for the building materials of the Zhongxin Building Materials. The project is expected to be connected to the grid before the end of 2019. It is expected that the annual power generation will be 80 million kWh, equivalent to saving 26,200 tons of standard coal, reducing greenhouse gas emissions by 7,900 tons and reducing sulfur dioxide emissions by 2,400 tons.
At the signing ceremony, Mr. Zhao Honglei, Senior Vice President of CNBM Xinxin, introduced the development history, advanced technology, business operation status and business layout of Zhongjian Building Materials. He said that as a key enterprise in the new energy sector of the world's top 500, China National Building Material Group, CNBM Xinxin is committed to providing customers with complete and efficient photovoltaic products and one-stop system solutions relying on the strong advantages of group resources integration. At present, CNBM Xinxin focuses on the research and development, production and sales of high-efficiency battery chips and differentiated components. The products are widely used in residential, commercial and terrestrial photovoltaic power generation systems at home and abroad. It is a photovoltaic manufacturing, global EPC general package, The project financing and other international high-tech enterprises, project management and engineering total package performance of more than 500 megawatts, ranking the forefront of the industry.
Mengshi Technology is a joint-stock enterprise initiated by Shantou Humei Battery Co., Ltd. in 2001. It has more than 30 years of battery manufacturing experience and was listed on the Shenzhen Stock Exchange in 2012 (stock code: 002684). The business scope covers high-end lithium battery manufacturing, renewable energy power generation, smart energy management and transmission and distribution, energy storage systems and energy storage power station construction and operation, design and development and manufacture of electric intelligent vehicles, and new energy vehicle rental operations. The three major aspects of energy production, storage and application. Chen Lewu, Chairman of the Lions Technology Group, said that the company is very pleased to establish a partnership with CNBM Xinxin. The company will give full play to its energy storage system and smart energy management technology advantages. Complementary. It is hoped that through strong cooperation, a long-term communication mechanism will be established, resource sharing will be strengthened, and more quality projects will be promoted to achieve win-win development!
For this cooperation with lion technology, the two parties will rely on their respective industry status, industry and brand advantages, integrate resources to join hands, gather in the field of manufacturing, project development and financing services of new energy industry, and will cooperate in cooperation. Realize the full complementarity of resources, and constantly broaden the depth and breadth to achieve mutual benefit and win-win results.